8x8 CEO shares withheld for RSU tax payment
8x8, Inc. Chief Executive Officer Samuel C. Wilson reported a routine share withholding related to taxes.
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Rhea-AI Filing Summary
8x8, Inc. Chief Executive Officer Samuel C. Wilson reported a routine share withholding related to taxes. On this Form 4, 104,221 shares of common stock were withheld by the company at $1.89 per share to cover income tax obligations from vested restricted stock units, rather than sold in the market. After this tax-withholding disposition, Wilson directly holds 2,637,829 shares of 8x8 common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 104,221 | $1.89 | $197K |
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 vested restricted stock units and does not represent a sale by the Reporting Person.
Key Figures
Key Terms
restricted stock units financial
net settlement financial
income tax withholding financial
tax-withholding disposition financial
Form 4 regulatory
FAQ
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What did 8x8 (EGHT) CEO Samuel C. Wilson report in this Form 4?
What does transaction code "F" mean in the 8x8 (EGHT) CEO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.