Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EGHT | Common Stock | Tax liability | -$29.1K | -11.1K | -2.35% | $2.63 | 461K | Dec 13, 2024 | Direct | F1 |
transaction | EGHT | Common Stock | Sale | -$2.65K | -1K | -0.22% | $2.65 | 460K | Dec 16, 2024 | Direct | F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Represents shares of common stock automatically withheld to satisfy the reporting person's tax obligation in respect of the shares issued upon vesting of equity awards, as previously reported. |
F2 | The sale reported on this line were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2024. |
F3 | The price is the weighted average sales price for the transactions reported on this line. The prices for the transactions reported on this line range from $2.61 to $2.70. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |