BOX insider files Form 144 to sell 51,000 Class A shares via Fidelity
Rhea-AI Filing Summary
Insider notice to sell 51,000 Class A shares of BOX via Fidelity reported on Form 144. The filing states the shares are Class A common stock to be sold through Fidelity Brokerage Services LLC in Boston with an approximate sale date of 09/10/2025 and an aggregate market value of $1,674,414.61. The shares were originally acquired on 12/27/2012 by exercising incentive stock options from the issuer and were paid for in cash. The filing lists 144,885,814 shares outstanding for the class and reports no securities sold in the past three months. Several identifying fields such as the filer name/CIK and issuer name are not provided in the submitted tables.
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Insights
TL;DR: A long-held option exercise position of 51,000 BOX Class A shares is being registered for sale through a retail brokerage; filing contains basic transaction detail.
The filing documents a proposed sale of 51,000 Class A shares via Fidelity with an aggregate market value of $1,674,414.61 and an approximate sale date of 09/10/2025. The shares were acquired by exercise of incentive stock options on 12/27/2012 and payment was in cash. The notice also states there were no sales by the seller in the past three months. From a trading-impact perspective, this is routine disclosure of an insider liquidity event; the filing provides the broker, share count, value, acquisition method and outstanding shares for context.
TL;DR: Form 144 fulfills basic insider-sale disclosure requirements but omits several identifying details in the provided tables.
The document meets Rule 144 reporting by specifying class, broker, quantity, acquisition date and method, and payment type. However, key identifying fields in the submitted tables appear blank or redacted, including filer CIK and issuer name, which reduces transparency for investors seeking to confirm the seller's identity or role. The representation regarding absence of undisclosed material adverse information is included as required.
FAQ
What is being sold according to the BOX (BOX) Form 144?
When is the approximate sale date listed in the Form 144?
How much is the aggregate market value of the shares to be sold?
How and when were the shares acquired?
Does the filing report any securities sold by the seller in the past three months?