Box (NYSE: BOX) awards 8,372 RSUs to outside board director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Murphy Stephen Francis reported acquisition or exercise transactions in this Form 4 filing.
BOX Inc director Stephen Francis Murphy received an equity grant of 8,372 restricted stock units (RSUs) of Class A Common Stock as a compensation award. Each RSU represents a right to receive one share upon settlement.
All 8,372 RSUs will vest 100% on the earlier of twelve months from the June 25, 2026 grant date (June 25, 2027) or BOX Inc's next annual meeting of stockholders, subject to his continued service. Following this award, he holds 30,440 shares (including RSUs) directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Murphy Stephen Francis
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,372 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 30,440 shares (Direct, null)
Footnotes (1)
- Represents an annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs will vest on the earlier of (i) twelve months from date of grant (i.e. June 25, 2027) or (ii) the date of the Issuer's next annual meeting of stockholders. Certain of these shares are represented by 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.
Key Figures
RSU grant size: 8,372 RSUs
Post-grant holdings: 30,440 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSU grant size
8,372 RSUs
Annual award to outside director on June 25, 2026
Post-grant holdings
30,440 shares
Shares directly held by Stephen Francis Murphy after grant
Grant price per share
$0.00 per share
Equity compensation award, not an open-market purchase
Vesting date
June 25, 2027
100% vesting or earlier at next annual stockholder meeting
Key Terms
restricted stock unit ("RSU"), Outside Director Compensation Policy, vesting, Class A Common Stock
4 terms
restricted stock unit ("RSU") financial
"Represents an annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy."
Outside Director Compensation Policy financial
"Represents an annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy."
vesting financial
"100% of the RSUs will vest on the earlier of (i) twelve months from date of grant (i.e. June 25, 2027) or (ii) the date of the Issuer's next annual meeting of stockholders."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did BOX (BOX) report for Stephen Francis Murphy?
BOX director Stephen Francis Murphy received an equity grant of 8,372 restricted stock units. These RSUs are part of the company’s outside director compensation and each unit converts into one share of Class A Common Stock upon settlement after vesting conditions are met.
Is the BOX (BOX) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Murphy received 8,372 restricted stock units at no cash cost as part of BOX’s Outside Director Compensation Policy, reflecting standard equity compensation for board service rather than an open-market buy or sell.
When do Stephen Francis Murphy’s 8,372 BOX RSUs vest?
All 8,372 RSUs vest in a single tranche. Vesting occurs on the earlier of twelve months from the June 25, 2026 grant date, identified as June 25, 2027, or the date of BOX’s next annual meeting of stockholders, assuming continued service.
What does each BOX restricted stock unit (RSU) granted to Murphy represent?
Each RSU granted to Murphy represents a contingent right to receive one share of BOX Class A Common Stock. Settlement happens upon vesting, provided he remains in continuous service, making RSUs a form of stock-based compensation rather than immediate share ownership at grant.