Box Inc (BOX) CFO details stock gift and RSU tax withholding
Rhea-AI Filing Summary
Box Inc's Chief Financial Officer reported recent stock movements in company shares. On 12/18/2025, the executive made a bona fide charitable contribution of 65,000 shares of Class A common stock to a donor advised fund, with no shares sold. On 12/20/2025, 9,818 shares were withheld by Box to cover income tax obligations tied to the net settlement of restricted stock units, which also did not involve an open-market sale.
Following these transactions, the CFO beneficially owned 1,345,195 shares of Box Class A common stock. Some of these shares are represented by restricted stock units, each giving the right to receive one share of Box common stock if the vesting conditions and continued service requirements are met.
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FAQ
What insider stock transactions did Box (BOX) disclose for its CFO?
The Box Chief Financial Officer reported two Class A common stock transactions: a 65,000-share charitable contribution on 12/18/2025 and 9,818 shares withheld on 12/20/2025 to cover tax obligations related to restricted stock units.
Did the Box CFO sell any shares in the open market in this disclosure?
No. The filing states the 65,000 shares were a bona fide charitable contribution to a donor advised fund and that 9,818 shares were withheld by Box to satisfy income tax and withholding obligations on RSUs, and that these do not represent sales by the reporting person.
How many Box Class A shares does the CFO own after these transactions?
After the reported transactions, the Box Chief Financial Officer beneficially owned 1,345,195 shares of Class A common stock.
What does the 65,000-share transaction by the Box CFO represent?
The 65,000-share transaction is described as a bona fide charitable contribution to a donor advised fund, with no shares sold by the reporting person.
Why were 9,818 Box shares withheld from the CFO?
The 9,818 shares were withheld by Box to satisfy income tax, withholding, and remittance obligations in connection with the net settlement of restricted stock units. This withholding is an administrative step and not a sale by the CFO.
How are restricted stock units (RSUs) described in this Box insider report?
The filing notes that certain beneficially owned shares are represented by restricted stock units (RSUs). Each RSU gives the reporting person the right to receive one share of Box common stock, subject to the vesting schedule and the executive’s continuous service through each vesting date.