STOCK TITAN

EGHT Insider Andrew Burton Disposes 6,644 Shares at $1.82–$1.90 Range

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Form 4 filed on 06/23/2025 discloses that 8x8, Inc. (EGHT) director Andrew F. Burton sold 6,644 common shares on 06/18/2025 at a weighted-average price of $1.8526 (individual trades ranged between $1.82 and $1.90). The transaction was part of a larger group sale.

Following the sale, Burton’s direct ownership stands at 126,665 shares. No derivative security activity was reported. The filing does not cite a pre-arranged 10b5-1 trading plan. Size-wise, the disposal represents roughly 5% of his reported holdings, a modest reduction that leaves him with a sizeable equity stake.

Positive

  • None.

Negative

  • Director insider sale: Andrew F. Burton disposed of 6,644 shares (~5% of his holdings), which some investors may interpret as a marginally negative sentiment signal.

Insights

TL;DR: Minor insider sale; limited impact on EGHT valuation outlook.

The 6,644-share disposal is small relative to Burton’s remaining 126,665-share position and immaterial versus EGHT’s total float. The narrow price band ($1.82–$1.90) suggests an opportunistic liquidity event rather than a signal of deteriorating fundamentals. No options were exercised and no derivatives reported, indicating the sale does not stem from expiring equity grants. Absent additional context—such as concurrent executive sales or negative corporate developments—the filing is neutral for investors.

TL;DR: Governance neutral; director keeps meaningful skin-in-the-game.

Burton remains above the typical ownership guidelines for directors even after trimming approximately 5% of his stake. No 10b5-1 designation was checked, so the trade may draw routine scrutiny, but the small size and transparent reporting mitigate governance concerns. Overall, the transaction does not materially alter board-level alignment with shareholders.

Insider Burton Andrew F.
Role Director
Sold 6,644 shs ($12K)
Type Security Shares Price Value
Sale Common Stock 6,644 $1.8526 $12K
Holdings After Transaction: Common Stock — 126,665 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Burton Andrew F.

(Last) (First) (Middle)
C/O 8X8 INC. 675 CREEKSIDE WAY

(Street)
CAMPBELL CA 95008

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
8X8 INC /DE/ [ EGHT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/18/2025 S 6,644 D $1.8526(1) 126,665 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1.82 to $1.90. This transaction was apart of a group sale. 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.
Remarks:
/s/ Cheriese M. Dickman as Attorney-in-Fact for Andrew Burton 06/23/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many 8x8 (EGHT) shares did director Andrew F. Burton sell?

He sold 6,644 common shares.

What was the average sale price for the EGHT shares sold?

The weighted-average price was $1.8526, with trades between $1.82 and $1.90.

When did the insider transaction take place?

The sale occurred on 06/18/2025.

How many EGHT shares does Andrew F. Burton own after the sale?

He now directly owns 126,665 shares.

Was any derivative activity reported in this Form 4?

No, the filing lists no derivative securities acquired or disposed.