8x8 Inc (NASDAQ: EGHT) director cash-settles 66,502 restricted stock units at $1.74
Rhea-AI Filing Summary
8x8 Inc. director Monique Bonner reported settlement of 66,502 restricted stock units granted on July 25, 2025. The award provided a right to receive cash equal to the value of one share of common stock per unit and vested and settled in cash on July 25, 2026 at $1.74 per share equivalent, recorded as an exercise of derivative securities and a matching disposition of common stock back to the issuer, leaving no units from this award outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
66,502 shares exercised/converted
Exercise
3 txns
Insider
Bonner Monique
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1 | 66,502 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 66,502 | $0.00 | $0.00 |
| Disposition | Common Stock F1 | 66,502 | $1.74 | $116K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 174,268 shares (Direct)
Footnotes (1)
- F1. Represents an award of restricted stock units made on July 25, 2025 and the right to receive cash in an amount equal to the value of one share of the Issuers common stock on the applicable vesting date. The entire award vested and settled in cash on July 25, 2026.
Key Figures
Restricted stock units settled: 66,502 units
Per-share settlement price: $1.74 per share
Derivative exercise shares: 66,502 shares
3 metrics
Restricted stock units settled
66,502 units
Award granted July 25, 2025; vested and settled in cash July 25, 2026
Per-share settlement price
$1.74 per share
Disposition to issuer of 66,502 common shares linked to RSU cash settlement
Derivative exercise shares
66,502 shares
Exercise or conversion of restricted stock units into common stock equivalents
Key Terms
Restricted Stock Unit, Disposition to issuer, settled in cash
3 terms
Restricted Stock Unit financial
"Represents an award of restricted stock units made on July 25, 2025"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Disposition to issuer financial
"transaction_code_description: Disposition to issuer"
settled in cash financial
"The entire award vested and settled in cash on July 25, 2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did 8x8 (EGHT) director Monique Bonner report?
Monique Bonner reported settlement of 66,502 restricted stock units tied to 8x8 common stock. The units vested and were settled entirely in cash on July 25, 2026, with the transaction recorded as an exercise and disposition back to the issuer rather than an open-market trade.
How many restricted stock units did the 8x8 (EGHT) director settle and on what dates?
The director settled 66,502 restricted stock units. The award was granted on July 25, 2025 and the entire grant vested and settled in cash on July 25, 2026, according to the footnote describing this compensation-related equity award.
Was the 8x8 (EGHT) director’s Form 4 transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not affirmed, indicating the transactions are not reported as being made under a Rule 10b5-1 trading plan. The reported activity reflects settlement of a previously granted restricted stock unit award in cash.