8X8 INC /DE/·4

Mar 16, 4:06 PM ET

Middleton Hunter 4

Research Summary

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8x8 (EGHT) CPO Hunter Middleton Sells 17,790 Shares

What Happened
Hunter Middleton, Chief Product Officer of 8x8, had 17,790 shares sold on March 15, 2026 at $2.09 per share for proceeds of $37,181. The transaction is reported as a company‑mandated sale to satisfy tax withholding obligations related to the vesting and settlement of Restricted Stock Units (RSUs) and is not a discretionary open‑market sale.

Key Details

  • Transaction date: 2026-03-15; sale price: $2.09; shares sold: 17,790; proceeds: $37,181.
  • Transaction code F (payment of exercise price or tax liability) — a withholding sale to cover taxes on RSU settlement.
  • Footnote F1: Sale was issuer‑mandated to cover tax withholding and not a discretionary trade by the reporting person.
  • Footnote F2: Filing notes holdings include 10,000 shares purchased on Feb 9, 2026 under the company ESPP.
  • Filing date: 2026-03-16 (filed the next day), which is timely under Form 4 reporting rules.
  • Shares owned after the transaction: not specified in this filing.

Context
This was a routine tax‑withholding sale tied to RSU vesting (a common administrative event) rather than a voluntary sale signaling a change in insider sentiment. Such transactions are typically treated differently by investors than discretionary purchases or sales.