8x8 (NASDAQ: EGHT) CFO reports PSU vesting awards and tax withholdings
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Kraus Kevin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 74,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 37,651 | $2.12 | $80K |
| Grant/Award | Common Stock | 45,787 | $0.00 | -- |
| Tax Withholding | Common Stock | 23,296 | $2.12 | $49K |
Holdings After Transaction:
Common Stock — 716,529 shares (Direct, null)
Footnotes (1)
- 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. 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. 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
2024 PSU grant size: 200,000 PSUs
2024 PSU vested installment: 66,667 PSUs
Shares issuable from 2024 PSU vesting: 74,000 shares
+5 more
8 metrics
2024 PSU grant size
200,000 PSUs
Awarded on September 15, 2024 in three installments
2024 PSU vested installment
66,667 PSUs
Second installment vested on May 27, 2026 at 111% of target
Shares issuable from 2024 PSU vesting
74,000 shares
Common stock issuable from second PSU installment at 111% of target
Shares issued to CFO from 2024 PSUs
36,349 shares
Delivered to Kevin Kraus upon vesting of 2024 PSUs
Shares withheld for taxes on 2024 PSUs
37,651 shares
Withheld by issuer to cover tax liability on 2024 PSU vesting
2025 PSU grant size
123,750 PSUs
Awarded on June 6, 2025 in three installments
Shares issuable from 2025 PSU vesting
45,787 shares
Common stock issuable from first 2025 PSU installment at 111% of target
Total shares withheld for taxes
60,947 shares
Combined tax withholding on May 27, 2026 PSU vestings
Key Terms
performance share units (PSUs), vested at 111% of target, net settlement, income tax withholding, +1 more
5 terms
vested at 111% of target financial
"On May 27, 2026, the second installment of 66,667 PSUs vested at 111% of target..."
net settlement financial
"in connection with the net settlement of the vested PSUs and does not represent a sale..."
income tax withholding financial
"withheld by the issuer to satisfy its income tax withholding and remittance obligations..."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did EGHT CFO Kevin Kraus report on May 27, 2026?
CFO Kevin Kraus reported PSU vesting-related transactions on May 27, 2026. He received newly issued common shares from two performance share unit grants, while additional shares were withheld by 8x8 to satisfy income tax obligations through net settlement.