8x8 Inc Chief Legal Officer Laurence Denny Sells 7,747 Shares for Tax Withholding
2026-06-16SEC Filing 4 (0001023731-26-000079)
This Form 4 filing reports that Laurence Denny, Chief Legal Officer of 8x8 Inc, disposed of 7,747 shares of common stock on June 15, 2026. The transaction was executed at a price of $1.77 per share, resulting in total proceeds of approximately $13,712. The filing clarifies that this was not a voluntary sale but rather shares withheld by the company to satisfy income tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units. Following this transaction, Denny retains ownership of 610,631 shares of 8x8 common stock. The filing was signed by an attorney-in-fact on June 16, 2026, and represents a routine tax withholding transaction rather than a market sale by the executive.