8x8 CPO has 10K shares withheld for taxes
Chief Product Officer Hunter Middleton had shares withheld for tax on RSU settlement, with a large direct holding remaining.
Rhea-AI Filing Summary
8X8 INC (EGHT) reported that Chief Product Officer Hunter Middleton had 10,226 shares of common stock withheld on September 6, 2026 to satisfy income tax withholding and remittance obligations related to the net settlement of Restricted Stock Units. This tax-withholding disposition left him holding 883,464 shares of 8x8 common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 10,226 shares
Tax Withholding
1 txn
Insider
Middleton Hunter
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 10,226 | $1.89 | $19K |
Holdings After Transaction:
Common Stock — 883,464 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Restricted Stock Units ("RSUs") and does not represent a sale by the reporting person.
Key Figures
Shares withheld for tax: 10,226 shares
Transaction value per share: $1.89 per share
Shares held after transaction: 883,464 shares
3 metrics
Shares withheld for tax
10,226 shares
Shares of common stock withheld on September 6, 2026 to cover income tax on RSU settlement
Transaction value per share
$1.89 per share
Per-share value used for the 10,226-share tax-withholding disposition
Shares held after transaction
883,464 shares
Direct holdings of 8x8 common stock by Hunter Middleton after the September 6, 2026 transaction
Key Terms
Restricted Stock Units ("RSUs"), net settlement, income tax withholding and remittance obligations, withheld by the issuer
4 terms
Restricted Stock Units ("RSUs") financial
"in connection with the net settlement of the Restricted Stock Units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
net settlement financial
"in connection with the net settlement of the Restricted Stock Units ("RSUs")"
income tax withholding and remittance obligations financial
"to satisfy its income tax withholding and remittance obligations in connection"
withheld by the issuer financial
"Represents the number of shares of Common Stock that have been withheld by the issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did 8X8 (EGHT) Chief Product Officer Hunter Middleton report on this Form 4?
He reported a tax-withholding disposition on September 6, 2026, where 10,226 shares of 8x8 common stock were withheld by the issuer to cover income tax obligations arising from the net settlement of Restricted Stock Units.
Was this EGHT Form 4 transaction made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is explicitly not checked, and there is no footnote indicating that this tax-withholding transaction was executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.