[Form 4] BOX INC Insider Trading Activity
Rhea-AI Filing Summary
BOX Inc executive Eli Berkovitch, VP Chief Accounting Officer and Controller, reported an open-market sale of Class A common stock. He sold 24,500 shares at a weighted average price of $23.849 per share. After this transaction, he directly holds 95,516 shares, some of which are represented by restricted stock units that vest over time.
Positive
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Negative
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Insights
BOX executive makes a routine-sized open-market share sale while retaining a sizable equity stake.
Eli Berkovitch, VP Chief Accounting Officer and Controller at BOX Inc, executed an open-market sale of 24,500 Class A shares at a weighted average of $23.849 per share. This is a straightforward discretionary sale, not tied to an option exercise or tax withholding.
Following the sale, he continues to hold 95,516 shares directly, indicating he maintains meaningful equity exposure. A footnote notes that certain holdings are restricted stock units, which deliver one share each as vesting conditions are met, linking part of his remaining stake to ongoing service.
With no derivative positions listed in this filing and no reference to a Rule 10b5-1 trading plan, the transaction appears to be a single open-market sell decision. The sale represents only a portion of his visible holdings, so its informational value is limited and does not, by itself, indicate a change in the broader business outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 24,500 | $23.849 | $584K |
Footnotes (1)
- This sale price represents the weighted average sale price of the shares sold ranging from $23.825 to $23.855 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. Certain of these shares are represented by restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person's continuous service through each such date.