8x8 CAO covers RSU taxes with share sale
8x8 Inc.'s Chief Accounting Officer, Suzy M. Seandel, reported an issuer-mandated share sale to cover taxes on restricted stock vesting.
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Rhea-AI Filing Summary
8x8 Inc.'s Chief Accounting Officer, Suzy M. Seandel, reported an issuer-mandated share sale to cover taxes on restricted stock vesting. On this transaction, 6,396 shares of common stock were disposed of at $2.09 per share to satisfy tax withholding obligations. According to the filing, this was not a discretionary trade. After the tax-related sale, Seandel directly holds 435,967 shares of 8x8 common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,396 | $2.09 | $13K |
Footnotes (2)
- F1. The sale reported on this Form 4 represents an Issuer mandated sale by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units, and it does not represent a discretionary trade by the Reporting Person.
- F2. Includes 10,000 shares purchased on February 9, 2026 pursuant to the company's Employee Stock Purchase Plan (ESPP).
FAQ
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What insider transaction did 8x8 (EGHT) report for Suzy M. Seandel?
Was the 8x8 (EGHT) insider sale by Suzy M. Seandel a discretionary trade?
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