Form 4: 8x8 Chief Legal Officer's Tax-Related Stock Disposition
Insider Transaction Report
8x8's Chief Legal Officer, Laurence Denny, reported a disposition of 9,842 common shares to satisfy tax obligations related to Restricted Stock Units.
Summary
- Laurence Denny, Chief Legal Officer of 8x8 Inc. /DE/ (EGHT), reported a transaction on December 15, 2025.
- The transaction involved the disposition of 9,842 shares of Common Stock at a price of $2.06 per share.
- This disposition was not a sale by the reporting person but represents shares withheld by the issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Units (RSUs).
- Following this transaction, Laurence Denny beneficially owns 381,771 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary disposition of shares for tax withholding purposes related to RSU vesting, which is a neutral event.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of an insider transaction for tax purposes and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and not a market sale by the insider.
Key Dates
| Date | Description |
|---|---|
| 12/15/2025 | Date of transaction for the disposition of common stock. |
| 12/18/2025 | Date the Form 4 was signed by the attorney-in-fact for Laurence Denny. |
Keywords
8x8, EGHT, Form 4, Insider Transaction, Laurence Denny, Chief Legal Officer, Restricted Stock Units, Tax Withholding
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.