8x8 CPO has 7,632 shares withheld for taxes
Chief Product Officer Hunter Middleton had shares withheld for RSU tax obligations and continues to hold a substantial direct stake in 8X8 Inc.
Rhea-AI Filing Summary
8X8 Inc. (EGHT) reported that Chief Product Officer Hunter Middleton had 7,632 shares of common stock withheld on September 15, 2026 to satisfy income tax withholding and remittance obligations tied to the net settlement of vested RSUs. This withholding did not represent an open-market sale, and he continues to hold 875,832 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 7,632 shares
Tax Withholding
1 txn
Insider
Middleton Hunter
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 7,632 | $1.83 | $14K |
Holdings After Transaction:
Common Stock — 875,832 shares (Direct)
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
Shares withheld for tax: 7,632 shares
Withholding valuation price: $1.83 per share
Shares held after transaction: 875,832 shares
3 metrics
Shares withheld for tax
7,632 shares
Common stock withheld on September 15, 2026 for income tax obligations on RSU net settlement
Withholding valuation price
$1.83 per share
Valuation used for the 7,632 shares withheld for tax on September 15, 2026
Shares held after transaction
875,832 shares
Directly owned 8X8 Inc. common shares following the September 15, 2026 withholding
Key Terms
Restricted Stock Units ("RSUs"), net settlement, income tax withholding and remittance obligations
3 terms
Restricted Stock Units ("RSUs") financial
"in connection with the net settlement of the Restricted Stock Units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
net settlement financial
"in connection with the net settlement of the Restricted Stock Units"
income tax withholding and remittance obligations financial
"to satisfy its income tax withholding and remittance obligations in connection"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did 8X8 Inc. (EGHT) disclose for Hunter Middleton?
8X8 Inc. disclosed that Chief Product Officer Hunter Middleton had 7,632 shares of common stock withheld on September 15, 2026 to cover income tax obligations from RSU vesting. The filing states this does not represent a sale by the reporting person.
Was the 8X8 (EGHT) Form 4 transaction an open-market sale?
No. The footnote explains the 7,632 shares were withheld by the issuer to satisfy income tax withholding and remittance obligations related to RSU net settlement and do not represent a sale by Hunter Middleton.
Was Hunter Middleton’s EGHT Form 4 transaction under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming such a plan, and no Rule 10b5-1 trading plan is reported in the footnotes for this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.