Form 4: 8x8 Chief Accounting Officer Reports Routine Share Disposition for Tax Withholding

Suzy M Seandel, Chief Accounting Officer of 8x8 Inc., reported the disposition of 10,302 shares of common stock at $1.93 per share to cover tax obligations related to Restricted Stock Units.

Summary

• Suzy M Seandel, the Chief Accounting Officer of 8x8 Inc. (EGHT), reported a transaction on July 15, 2025.
• The transaction involved the disposition of 10,302 shares of 8x8 Common Stock.
• These shares were withheld by the issuer at a price of $1.93 per share to satisfy income tax withholding and remittance obligations.
• This disposition was in connection with the net settlement of Restricted Stock Units (RSUs) and does not represent a sale by the reporting person.
• Following this transaction, Suzy M Seandel beneficially owns 452,814 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine disposition of shares for tax withholding purposes related to RSU vesting, which is a neutral administrative event and does not indicate positive or negative operational performance or strategic shifts.

Positives

• Reflects the routine vesting of Restricted Stock Units (RSUs), which is a standard component of executive compensation and retention.

Negatives

• Involves a reduction of 10,302 shares from the officer's direct beneficial ownership, although this was for tax compliance rather than a discretionary sale.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 filing details a routine insider transaction for tax compliance related to RSU vesting and does not provide broader industry context or trends.

Related Party Transactions

• The transaction involves the disposition of shares to the issuer (8x8 Inc.) to satisfy tax withholding obligations related to the net settlement of Restricted Stock Units, which is a routine transaction between an officer and the company.

Stakeholder Impact

• Shareholders: Minimal direct impact as it is a routine administrative transaction for tax compliance, not a discretionary sale by the officer.
• Employees: Reflects the vesting of Restricted Stock Units, a common form of employee compensation.

Key Dates

Keywords

8x8 Inc, EGHT, Suzy M Seandel, Chief Accounting Officer, Form 4, SEC filing, insider transaction, stock disposition, tax withholding, Restricted Stock Units, RSU, beneficial ownership