8x8 director sells 107K shares on Sept. 11
8X8 Inc. director Andrew F. Burton sold over 100,000 EGHT shares under a Rule 10b5-1 plan and now directly holds about 152,000 shares.
Rhea-AI Filing Summary
8X8 Inc. (EGHT) director Andrew F. Burton reported selling 107,085 shares of common stock on September 11, 2026 in a sale characterized as an open market or private transaction at a weighted average price of $1.8139 per share, with individual prices ranging from $1.785 to $1.855. The transaction was effected under a Rule 10b5-1 trading plan adopted on June 12, 2026. Following this sale, Burton directly holds 151,615 shares of 8X8 common stock.
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Insider Trade Summary 10b5-1
Net Seller: 107,085 shares
Net Sell
1 txn
Insider
Burton Andrew F.
Role
Director
Sold
107,085 shs ($194K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 107,085 | $1.8139 | $194K |
Holdings After Transaction:
Common Stock — 151,615 shares (Direct)
Footnotes (2)
- F1. The sale reported in this line was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2026.
- F2. The price is the weighted average sales price for the transactions reported on this line. The prices for the transactions reported on this line range from $1.785 to $1.855. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 107,085 shares
Weighted average sale price: $1.8139 per share
Sale price range: $1.785–$1.855 per share
+2 more
5 metrics
Shares sold
107,085 shares
Common stock sale reported for September 11, 2026
Weighted average sale price
$1.8139 per share
Average price for the shares sold on September 11, 2026
Sale price range
$1.785–$1.855 per share
Range of individual transaction prices within the reported sale
Shares held after transaction
151,615 shares
Direct holdings of Andrew F. Burton following the sale
Net shares sold
107,085 shares
Net change in common stock holdings based on the transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this line was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sales price financial
"The price is the weighted average sales price for the transactions reported"
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did 8X8 Inc. (EGHT) report for Andrew F. Burton?
8X8 Inc. reported that director Andrew F. Burton sold 107,085 shares of common stock on September 11, 2026 in a sale characterized as an open market or private transaction, under a Rule 10b5-1 trading plan.
Was the EGHT insider sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 states that the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Andrew F. Burton on June 12, 2026, and the plan status checkbox is affirmed.
AI-generated analysis. How Rhea-AI works. Not financial advice.