8x8 Director John Pagliuca Receives RSU Award

What Happened John Pagliuca, a director of 8x8, Inc. (EGHT), was awarded 65,533 restricted stock units (RSUs) on August 3, 2026. The Form 4 reports the award as an acquisition at $0.00 per unit (no cash paid). The RSUs are cash-settled — Pagliuca will receive a cash payment equal to the value of one share of 8x8 common stock for each unit when the award vests.

Key Details

• Transaction date: 2026-08-03; Form 4 filed: 2026-08-05 (timely within the Form 4 two-business-day rule).
• Reported transaction: Award/Grant (code A) of 65,533 RSUs @ $0.00 (no purchase price).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: The award vests and settles in cash on the earlier of (a) one-year anniversary of grant or (b) the next annual meeting of stockholders, subject to Pagliuca’s continued service. The cash payment will equal the market value of one share at vesting.
• No 10b5-1 plan, tax-withholding sale, or other special conditions were reported in the summary provided.

Context This is a compensation award (not an open-market purchase or sale). RSU awards are commonly used to compensate directors and align incentives; because these RSUs are cash-settled, Pagliuca will receive cash based on the stock price at vesting rather than actual shares. The filing shows the grant but does not indicate an immediate cash value until the vesting date.