8x8 CLO has 6,350 shares withheld for taxes
8x8’s chief legal officer had shares withheld for RSU tax obligations and continues to hold over six hundred thousand EGHT shares directly.
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 6,350 shares of common stock withheld on September 6, 2026 to satisfy income tax obligations arising from the net settlement of Restricted Stock Units. This was not an open-market sale, and Denny now holds 613,714 shares directly, including 9,433 shares acquired on August 9, 2026 through the company’s Employee Stock Purchase Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 6,350 | $1.89 | $12K |
Footnotes (2)
- 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.
- F2. Includes 9,433 shares purchased on August 9, 2026 pursuant to the company's Employee Stock Purchase Plan (ESPP).
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
net settlement financial
income tax withholding financial
Employee Stock Purchase Plan (ESPP) financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EGHT disclose for Chief Legal Officer Laurence Denny?
Was the September 6, 2026 EGHT Form 4 transaction an open-market sale?
Was the EGHT insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.