8x8 CLO has 4,101 shares withheld for taxes
8x8’s chief legal officer had shares withheld for RSU tax obligations, not sold in the market.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
8X8 INC (EGHT) reported that Chief Legal Officer Laurence Denny had 4,101 shares of common stock withheld on September 15, 2026 to satisfy income tax withholding and remittance obligations related to the net settlement of Restricted Stock Units. This withholding did not represent an open-market sale, and Denny now holds 600,180 shares of common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 4,101 | $1.83 | $8K |
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 Restricted Stock Units ("RSUs") and does not represent a sale by the reporting person.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
net settlement financial
income tax withholding and remittance obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EGHT disclose for Laurence Denny on September 15, 2026?
Was the EGHT insider transaction an open-market sale?
Was a Rule 10b5-1 trading plan involved in this EGHT Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.