8x8 CPO has 16,112 shares withheld for taxes
Chief Product Officer Hunter Middleton of 8x8, Inc. reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
Chief Product Officer Hunter Middleton of 8x8, Inc. reported a routine tax-related share disposition. On the transaction date, 16,112 shares of common stock were withheld by the company at $1.77 per share to cover income tax obligations from vested restricted stock units. The filing specifies this was not an open-market sale by Middleton. After the withholding, he directly holds 893,690 shares of 8x8 common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 16,112 | $1.77 | $29K |
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 vested restricted stock units and does not represent a sale by the Reporting Person.
Key Figures
Key Terms
restricted stock units financial
income tax withholding financial
net settlement financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did 8x8 (EGHT) Chief Product Officer Hunter Middleton report in this Form 4?
Was Hunter Middleton’s 8x8 (EGHT) Form 4 transaction an open-market stock sale?
Does Hunter Middleton’s 8x8 (EGHT) Form 4 indicate a change in his investment view?
AI-generated analysis. How Rhea-AI works. Not financial advice.