8x8 CEO has 26K shares withheld for taxes
8X8 INC’s CEO had shares withheld for RSU tax obligations, with over 2.5 million shares still held directly.
Sentiment and the balance of points
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Rhea-AI Filing Summary
8X8 INC (EGHT) reported that Chief Executive Officer Samuel C. Wilson had 26,055 shares of common stock withheld on September 6, 2026 to satisfy income tax withholding and remittance obligations related to vested RSUs. This was not an open-market sale, and he held 2,571,706 shares directly afterward.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 26,055 | $1.89 | $49K |
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
Key Terms
Restricted Stock Units financial
net settlement financial
income tax withholding financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EGHT report for CEO Samuel C. Wilson?
Was the September 6, 2026 EGHT Form 4 a market sale by the CEO?
Was a Rule 10b5-1 trading plan involved in this EGHT Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.