8x8 (EGHT) CEO updates insider holdings after 39,988-share tax withholding
Rhea-AI Filing Summary
8x8, Inc.'s Chief Executive Officer reported a routine equity transaction involving company common stock. On 12/15/2025, 39,988 shares of common stock were withheld by the company at a price of $2.06 per share. This withholding was used to cover income tax obligations arising from the net settlement of vested Restricted Stock Units and was not an open-market sale by the CEO.
After this tax-related withholding, the CEO beneficially owned 1,833,074 shares of 8x8 common stock in direct ownership. The filing is a standard insider ownership update and reflects administrative share withholding rather than a discretionary stock sale.
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FAQ
What insider stock transaction did 8x8 (EGHT) report for its CEO?
The CEO of 8x8, Inc. reported that on 12/15/2025, 39,988 shares of common stock were withheld by the company to satisfy income tax obligations related to vested RSUs.
Did the 8x8 (EGHT) CEO sell shares in the open market?
No. The filing states that the 39,988 shares of common stock were withheld by the issuer to cover income tax withholding for RSU settlement and do not represent a sale by the reporting person.
How many 8x8 (EGHT) shares does the CEO own after the reported transaction?
Following the tax withholding transaction, the CEO beneficially owned 1,833,074 shares of 8x8 common stock in direct ownership.
What was the price used for the 8x8 (EGHT) tax withholding shares?
The 39,988 shares withheld to satisfy income tax obligations were valued at a price of $2.06 per share.
What is the role of the reporting person in 8x8 (EGHT)?
The reporting person is an officer of 8x8, Inc., serving as the company’s Chief Executive Officer.
Was the 8x8 (EGHT) insider filing made by multiple reporting persons?
No. The document indicates that the form was filed by one reporting person, covering only the CEO’s holdings and transaction.