[Form 4] 8X8 INC /DE/ Insider Trading Activity
The Form 4 shows that Samuel C. Wilson, Chief Executive Officer of 8x8 Inc. (EGHT), had 97,116 shares of common stock withheld on 09/15/2025 to satisfy tax withholding obligations arising from the net settlement of Restricted Stock Units (RSUs). The withholding was executed at an average price of $2.13 per share and is not a sale by the reporting person, per the filer’s explanation. After the withholding, Mr. Wilson beneficially owns 1,873,062 shares, held directly. The form was signed by an attorney-in-fact on behalf of Mr. Wilson on 09/16/2025.
- Transaction is a tax withholding, not a sale, indicating no voluntary disposition of shares by the CEO
- Clear post-transaction beneficial ownership disclosed: 1,873,062 shares
- None.
Insights
TL;DR: Routine tax-withholding of RSUs by the CEO resulted in a modest reduction of beneficially owned shares; it's a standard administrative transaction.
The transaction represents shares retained by the company to cover tax obligations from RSU vesting rather than a market sale by the CEO. Such net-settlement withholdings are common and do not indicate voluntary liquidation of holdings or change in control. The filing discloses the post-transaction beneficial ownership of 1,873,062 shares, which remains material for governance disclosure but does not suggest a shift in alignment between management and shareholders.
TL;DR: Insider withholding of 97,116 shares at $2.13 is an administrative RSU tax event and likely has negligible market impact.
The reported price of $2.13 is the per-share value used for the withholding; the filer explicitly states the shares were withheld to satisfy income tax remittance. Because the transaction is a tax-related withholding and not an open-market sale, it typically carries limited informational content about the CEO's view on the stock. The precise post-transaction holding of 1,873,062 shares provides a clear ownership snapshot for investors and regulators.