8x8 CPO awarded 251,250 RSUs in stock grant
Middleton Hunter reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Middleton Hunter reported acquisition or exercise transactions in this Form 4 filing.
8x8, Inc. reported that Chief Product Officer Hunter Middleton received a grant of 251,250 shares of common stock in the form of restricted stock units. One-third of these RSUs vest on the first anniversary of the June 1, 2026 vesting commencement date, with 8.3375% vesting each quarter over the next eight quarters, subject to continued service. After this award, Middleton directly holds 950,709 common shares.
Insider Trade Summary
Grant/Award: 251,250 shares
Grant/Award
1 txn
Insider
Middleton Hunter
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 251,250 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 950,709 shares (Direct)
Footnotes (1)
- F1. Represents the grant of a restricted stock award. The RSUs shall vest with respect to one-third (33.3%) of the total number of underlying shares on the first anniversary of the Vesting Commencement Date of June 1, 2026, then eight and one-third percent (8.3375%) vesting each quarter thereafter, over a period of eight (8) quarters, subject to the participant's continued employment or other association with the Company. Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
Key Figures
RSUs granted: 251,250 shares
Shares after transaction: 950,709 shares
Grant price: $0.00 per share
+3 more
6 metrics
RSUs granted
251,250 shares
Restricted stock unit award to Chief Product Officer on June 1, 2026
Shares after transaction
950,709 shares
Total direct common stock ownership following RSU grant
Grant price
$0.00 per share
Compensation grant, not an open-market purchase
Initial vesting portion
33.3%
Vests on first anniversary of June 1, 2026 vesting commencement date
Quarterly vesting rate
8.3375%
Vests each quarter over eight quarters after initial cliff
Quarterly vesting periods
8 quarters
Number of quarterly installments after initial one-third vesting
Key Terms
restricted stock award, RSUs, Vesting Commencement Date, restricted stock unit, +1 more
5 terms
restricted stock award financial
"Represents the grant of a restricted stock award."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
RSUs financial
"The RSUs shall vest with respect to one-third (33.3%) of the total number"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Vesting Commencement Date financial
"on the first anniversary of the Vesting Commencement Date of June 1, 2026"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"represents a contingent right to receive one share of EGHT common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did 8x8 (EGHT) disclose about Hunter Middleton in this Form 4?
8x8 disclosed that Chief Product Officer Hunter Middleton received a grant of 251,250 restricted stock units. These RSUs represent a contingent right to receive the same number of 8x8 common shares, increasing his direct equity holdings to 950,709 shares after the award.
How many RSUs were granted to 8x8 (EGHT) Chief Product Officer Hunter Middleton?
Hunter Middleton was granted 251,250 restricted stock units of 8x8 common stock. This award was recorded at a price of $0.00 per share, reflecting a compensation grant rather than an open-market purchase, and is subject to a multi-year vesting schedule tied to continued service.
What is the vesting schedule for Hunter Middleton’s 8x8 (EGHT) RSU grant?
The RSU grant vests one-third, or 33.3%, on the first anniversary of the June 1, 2026 vesting commencement date. The remaining units vest in eight equal quarterly installments of 8.3375% each, over eight quarters, contingent on his continued employment or association with 8x8.
Does Hunter Middleton pay cash for the newly granted 8x8 (EGHT) RSUs?
No cash payment is involved; the RSUs were granted at a reported price of $0.00 per share. They are part of his equity compensation and represent a contingent right to receive 8x8 common shares as they vest over time, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
