8x8 (EGHT) CAO disposes shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
8x8 Inc.'s Chief Accounting Officer, Suzy M. Seandel, reported an issuer-mandated share sale to cover taxes on restricted stock vesting. On this transaction, 6,396 shares of common stock were disposed of at $2.09 per share to satisfy tax withholding obligations. According to the filing, this was not a discretionary trade. After the tax-related sale, Seandel directly holds 435,967 shares of 8x8 common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seandel Suzy M
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,396 | $2.09 | $13K |
Holdings After Transaction:
Common Stock — 435,967 shares (Direct)
Footnotes (1)
- The sale reported on this Form 4 represents an Issuer mandated sale by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units, and it does not represent a discretionary trade by the Reporting Person. Includes 10,000 shares purchased on February 9, 2026 pursuant to the company's Employee Stock Purchase Plan (ESPP).
FAQ
What insider transaction did 8x8 (EGHT) report for Suzy M. Seandel?
8x8 reported that Chief Accounting Officer Suzy M. Seandel disposed of 6,396 shares of common stock at $2.09 per share. The shares were sold to cover tax withholding obligations tied to restricted stock unit vesting, rather than as a discretionary open-market sale.
Was the 8x8 (EGHT) insider sale by Suzy M. Seandel a discretionary trade?
No, the filing states the sale was an issuer-mandated transaction to cover tax withholding for vesting restricted stock units. It explicitly notes the sale does not represent a discretionary trade by Suzy M. Seandel, indicating it was a routine, tax-driven event.