8x8 (EGHT) legal chief sells 5,000 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
8x8, Inc. Chief Legal Officer Laurence Denny reported an open-market sale of 5,000 shares of common stock on February 17, 2026. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 12, 2025. The weighted average sale price was $2.5463 per share, with individual trade prices ranging from $2.49 to $2.64. After this sale, Denny beneficially owns 376,771 shares of 8x8 common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($12,732)
Net Sell
1 txn
Insider
Denny Laurence
Role
Chief Legal Officer
Sold
5,000 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $2.5463 | $13K |
Holdings After Transaction:
Common Stock — 376,771 shares (Direct)
Footnotes (1)
- The sale reported in this line was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025. The price is the weighted average sales price for the transactions reported on this line. The prices for the transactions reported on this line range from $2.49 to $2.64. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
FAQ
What insider transaction did 8x8 (EGHT) report in this Form 4?
8x8 reported that Chief Legal Officer Laurence Denny sold 5,000 shares of common stock in an open-market transaction. The sale occurred on February 17, 2026 and was executed under a pre-arranged Rule 10b5-1 trading plan.
Does the 8x8 (EGHT) Form 4 sale use a Rule 10b5-1 plan?
Yes, the sale was made under a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025. Such plans allow pre-scheduled trades, helping insiders diversify holdings while reducing concerns about trading on nonpublic information.
Who is the insider involved in the latest 8x8 (EGHT) stock sale?
The insider is Laurence Denny, who serves as Chief Legal Officer at 8x8. He reported an open-market sale of 5,000 common shares and continues to hold 376,771 shares after this planned transaction.