Denny Laurence 4

What Happened Denny Laurence, Chief Legal Officer of 8x8, disposed of 8,762 shares on 2026-03-15 at $2.09 per share, resulting in proceeds of roughly $18,313. The transaction is reported with code F, indicating the shares were sold to satisfy tax withholding obligations tied to the vesting and settlement of Restricted Stock Units (RSUs).

Key Details

• Transaction date: 2026-03-15; Form 4 filed 2026-03-16 (appears timely).
• Price and size: 8,762 shares at $2.09 per share; gross proceeds ≈ $18,313.
• Transaction code: F — issuer‑mandated sale to cover tax withholding for RSU vesting (see footnote F1).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: F1 states the sale was mandated by the issuer to cover tax withholding and was not a discretionary trade by the reporting person.

Context This was a tax‑withholding (cashless) sale related to RSU settlement, a routine administrative transaction that does not necessarily signal the insider’s view of the company’s prospects. It differs from a discretionary open‑market sale or a purchase, which investors often interpret as stronger signals of insider sentiment.