Form 4: 8x8 Inc. Chief Accounting Officer Reports Stock Transaction

Suzy M Seandel, Chief Accounting Officer of 8x8 Inc., reports the withholding of 10,175 common stock shares by the issuer to cover income tax obligations related to RSU settlement.

Summary

• On April 15, 2025, Suzy M Seandel, the Chief Accounting Officer of 8x8 Inc., filed a Form 4.
• The filing reports a transaction where 10,175 shares of common stock were withheld by 8x8 Inc. to satisfy income tax withholding obligations related to the net settlement of Restricted Stock Units (RSUs).
• The price per share for the transaction is $1.64.
• Following the transaction, Seandel directly owns 300,716 shares of 8x8 Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a routine transaction related to tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax-related stock withholding.

Key Dates

Keywords

Form 4, 8x8 INC, EGHT, Suzy M Seandel, Chief Accounting Officer, Stock Transaction, Beneficial Ownership, Restricted Stock Units, RSUs, Tax Withholding