8x8 (EGHT) CEO nets new shares as PSUs vest and taxes withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
8x8, Inc. Chief Executive Officer Samuel C. Wilson reported PSU vesting and related share withholding transactions. On May 27, 2026, 150,000 performance share units from a 2024 award vested at 111% of target, making 166,500 shares issuable; 81,785 shares were issued and 84,715 were withheld for taxes. On the same date, 100,891 PSUs from a 2025 award vested at 111% of target, making 111,989 shares issuable; 55,009 shares were issued and 56,980 were withheld for taxes. The filing states the withheld shares were used to satisfy income tax obligations and do not represent sales. After these transactions, Wilson directly owned 1,883,041 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Wilson Samuel C.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 166,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 84,715 | $2.12 | $180K |
| Grant/Award | Common Stock | 111,989 | $0.00 | -- |
| Tax Withholding | Common Stock | 56,980 | $2.12 | $121K |
Holdings After Transaction:
Common Stock — 1,967,756 shares (Direct, null)
Footnotes (1)
- The reporting person was awarded 450,000 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 150,000 PSUs vested at 111% of target, such that 166,500 shares became issuable. Of these shares, 81,785 were issued to the reporting person and the remaining 84,715 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 302,673 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 100,891 PSUs vested at 111% of target, such that 111,989 shares became issuable. Of these shares, 55,009 were issued to the reporting person and the remaining 56,980 were withheld to pay the associated tax liability.
Key Figures
2024 PSU award size: 450,000 PSUs
2025 PSU award size: 302,673 PSUs
Vested PSUs from 2024 award: 150,000 PSUs
+5 more
8 metrics
2024 PSU award size
450,000 PSUs
Awarded September 15, 2024
2025 PSU award size
302,673 PSUs
Awarded June 6, 2025
Vested PSUs from 2024 award
150,000 PSUs
Second installment vested May 27, 2026
Vested PSUs from 2025 award
100,891 PSUs
First installment vested May 27, 2026
Shares issuable from 2024 vesting
166,500 shares
150,000 PSUs vested at 111% of target
Shares issuable from 2025 vesting
111,989 shares
100,891 PSUs vested at 111% of target
Shares withheld for taxes
141,695 shares
Tax withholding from both PSU vestings
Shares owned after transactions
1,883,041 shares
Common stock directly held post-transaction
Key Terms
performance share units (PSUs), net settlement, income tax withholding, grant, award, or other acquisition, +1 more
5 terms
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"
tax-withholding disposition financial
"transaction action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did 8x8 (EGHT) CEO Samuel C. Wilson report on this Form 4?
The CEO reported PSU vesting that generated new common shares plus shares withheld for taxes. Two performance share unit awards vested at 111% of target, leading to issuances to him and separate share withholdings to cover income tax obligations, with no open-market sales disclosed.
How many 8x8 PSUs vested for CEO Samuel C. Wilson on May 27, 2026?
Two PSU tranches vested on May 27, 2026. A 2024 award vested 150,000 PSUs and a 2025 award vested 100,891 PSUs, each at 111% of target, resulting in 166,500 and 111,989 shares becoming issuable, respectively, according to the Form 4 footnotes.
What PSU awards to the 8x8 CEO are described in this Form 4?
The filing describes a 450,000 PSU award granted September 15, 2024 and a 302,673 PSU award granted June 6, 2025. Each vests in three equal installments based on performance goals, with one installment from each award vesting at 111% of target on May 27, 2026.