Form 4: 8x8 CLO Denny Reports RSU Tax Withholding
Insider Transaction Report
8x8 Inc.'s Chief Legal Officer, Laurence Denny, reported the withholding of 22,146 common shares for tax obligations related to Restricted Stock Unit settlement.
Summary
- Laurence Denny, Chief Legal Officer of 8x8 Inc. (EGHT), reported a transaction on September 15, 2025.
- The transaction involved the disposition of 22,146 shares of 8x8 Inc. Common Stock.
- These shares were withheld by the issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Units (RSUs).
- The shares were valued at $2.13 per share for the purpose of tax withholding.
- Following this transaction, Laurence Denny directly beneficially owns 396,613 shares of Common Stock.
- This transaction does not represent a sale by the reporting person.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is neutral in sentiment and a common occurrence for executives receiving equity compensation.
Future Outlook
N/A. This filing does not contain forward-looking statements or guidance.
Industry Context
N/A. This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitors.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's confidence or a market sale.
Key Dates
| Date | Description |
|---|---|
| 09/15/2025 | Date of earliest transaction (disposition of shares for tax withholding) |
| 09/16/2025 | Date the Form 4 was signed and filed |
Keywords
8x8 Inc, EGHT, Laurence Denny, Chief Legal Officer, Form 4, Insider Transaction, Restricted Stock Units, RSU, Tax Withholding, Common Stock
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