EGHT CFO records PSU vesting and tax share withholdings
8x8, Inc. Chief Financial Officer Kevin Kraus reported compensation-related equity activity in the company’s common stock.
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Rhea-AI Filing Summary
8x8, Inc. Chief Financial Officer Kevin Kraus reported compensation-related equity activity in the company’s common stock. On May 27, 2026, two tranches of previously granted performance share units (PSUs) vested at 111% of target, creating new share awards.
From a 2024 PSU grant, 74,000 shares became issuable, with 36,349 shares delivered to Kraus and 37,651 shares withheld to cover taxes. From a 2025 PSU grant, 45,787 shares became issuable, with 22,491 issued and 23,296 withheld for taxes. The Form 4 shows award acquisitions and tax-withholding dispositions only, with no open-market purchases or sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 74,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 37,651 | $2.12 | $80K |
| Grant/Award | Common Stock | 45,787 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 23,296 | $2.12 | $49K |
Footnotes (3)
- F1. The reporting person was awarded 200,000 performance share units (PSUs) on September 15, 2024, which were eligible to vest in three equal installments based on achievement of each associated performance goal. On May 27, 2026, the second installment of 66,667 PSUs vested at 111% of target, such that 74,000 shares became issuable. Of these shares, 36,349 were issued to the reporting person and the remaining 37,651 were withheld to pay the associated tax liability.
- F2. 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 PSUs and does not represent a sale by the reporting person.
- F3. The reporting person was awarded 123,750 performance share units (PSUs) on June 6, 2025, which were eligible to vest in three equal installments based on achievement of each associated performance goal. On May 27, 2026, the first installment of 41,250 PSUs vested at 111% of target, such that 45,787 shares became issuable. Of these shares, 22,491 were issued to the reporting person and the remaining 23,296 were withheld to pay the associated tax liability.
Key Figures
Key Terms
vested at 111% of target financial
net settlement financial
income tax withholding financial
grant, award, or other acquisition financial
FAQ
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What insider transactions did EGHT CFO Kevin Kraus report on May 27, 2026?
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