[Form 4] 8X8 INC /DE/ Insider Trading Activity
On 09/15/2025, Hunter Middleton, Chief Product Officer of 8x8, Inc. (EGHT), reported the disposition of 38,930 shares of common stock at an effective price of $2.13 per share. The Form 4 states these shares were withheld by the issuer to satisfy income tax withholding obligations arising from the net settlement of restricted stock units and were not a sale by the reporting person. After the withholding, Middleton beneficially owns 754,066 shares, held directly. The filing was signed by an attorney-in-fact on 09/16/2025.
- Timely disclosure via Form 4 filed and signed promptly, supporting regulatory transparency
- Transaction was administrative (tax withholding for RSU settlement) and not an open-market sale
- Insider beneficial ownership decreased by 38,930 shares due to withholding, reducing direct holdings to 754,066 shares
Insights
TL;DR: Routine tax-withholding disposition of RSUs, disclosed in a timely Form 4, indicates standard executive compensation settlement.
The record shows a non-sale disposition coded as tax withholding for RSU net settlement, which is a common, administrative action rather than an active divestiture. The transaction reduces the reporting person’s share count by 38,930 shares to 754,066 shares but is explicitly described as withheld by the issuer to satisfy tax obligations. For governance and disclosure purposes, the timely filing preserves transparency and complies with Section 16 reporting requirements.
TL;DR: Transaction is a non-market disposal for tax purposes, so immediate market-impact is likely negligible.
The Form 4 lists a code "F" disposition of 38,930 shares at $2.13, which the filer explains were withheld to cover taxes on RSU settlement. Since these were not sold on the open market by the insider, the filing signals administrative dilution rather than a liquidity-driven sale. The remaining direct beneficial ownership is 754,066 shares, which maintains the insider’s continued stake in the company.