8x8 Inc. (EGHT) grants director Andrew Burton 65,533 restricted stock units
Rhea-AI Filing Summary
Burton Andrew F. reported acquisition or exercise transactions in this Form 4 filing.
8x8, Inc. director Andrew F. Burton received a grant of 65,533 restricted stock units of common stock on August 3, 2026, at a stated price of $0.00 per share, increasing his direct holdings to 258,700 shares.
The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, subject to his continued service. Settlement of shares is deferred in line with Burton’s deferral election, with shares issued only on the designated deferred settlement date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 65,533 shares
Net Buy
1 txn
Insider
Burton Andrew F.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 65,533 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 258,700 shares (Direct)
Footnotes (1)
- F1. Represents an award of restricted stock units. The entire award shall vest in full on the earlier of (a) the one-year anniversary of the date of grant, or (b) the date of the next annual meeting of the Issuers stockholders, in each case, subject to the Reporting Persons continued service to the Issuer through the applicable vesting date. The award is also subject to a deferral election by the Reporting Person and shares will not be issued until the designated deferred settlement date.
Key Figures
RSUs granted: 65,533 shares
Grant price: $0.00 per share
Holdings after transaction: 258,700 shares
3 metrics
RSUs granted
65,533 shares
Restricted stock unit award of common stock to director Andrew F. Burton on August 3, 2026
Grant price
$0.00 per share
Stated transaction price per share for the restricted stock unit award
Holdings after transaction
258,700 shares
Total direct holdings of 8x8 common stock by Andrew F. Burton after the award
Key Terms
restricted stock units, deferral election, deferred settlement date, annual meeting of the Issuers stockholders
4 terms
restricted stock units financial
"Represents an award of restricted stock units. The entire award shall vest in full"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferral election financial
"The award is also subject to a deferral election by the Reporting Person"
deferred settlement date financial
"shares will not be issued until the designated deferred settlement date"
annual meeting of the Issuers stockholders financial
"the one-year anniversary of the date of grant, or (b) the date of the next annual meeting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did 8x8 (EGHT) report for Andrew F. Burton?
Andrew F. Burton, a director of 8x8, Inc., received an award of 65,533 restricted stock units of common stock. The award was granted at a stated price of $0.00 per share and increases his direct holdings to 258,700 shares after the grant.
What are the vesting terms of Andrew F. Burton’s 8x8 (EGHT) restricted stock units?
The 65,533 restricted stock units vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders. Vesting requires Burton’s continued service to 8x8 through the applicable vesting date, according to the award’s terms.
Did Andrew F. Burton pay cash for his 8x8 (EGHT) restricted stock unit grant?
The reported grant of 65,533 restricted stock units shows a transaction price of $0.00 per share. This reflects a compensation-related equity award to the director, rather than an open-market stock purchase funded with cash consideration.
Is Andrew F. Burton’s 8x8 (EGHT) equity grant tied to his continued service?
Yes. The 65,533 restricted stock units vest only if Andrew F. Burton continues to serve 8x8 through the earlier of the one-year anniversary of the grant or the next annual stockholder meeting, making ongoing service a condition for vesting.