Box Inc. (BOX) CFO Dylan Smith sells 17,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Box Inc.'s Chief Financial Officer Dylan C. Smith sold 17,000 shares of Class A Common Stock in an open-market transaction. The sale on February 10, 2026 was executed at a weighted average price of $24.746 per share under a Rule 10b5-1 trading plan adopted on May 29, 2025.
After this transaction, Smith beneficially owned 1,311,195 shares directly, a figure that includes shares represented by restricted stock units that vest over time, contingent on his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,000 shares ($420,682)
Net Sell
1 txn
Insider
Smith Dylan C
Role
Chief Financial Officer
Sold
17,000 shs ($421K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 17,000 | $24.746 | $421K |
Holdings After Transaction:
Class A Common Stock — 1,311,195 shares (Direct)
Footnotes (1)
- The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 29, 2025. This sale price represents the weighted average sale price of the shares sold ranging from $24.59 to $24.91 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.
FAQ
What insider transaction did Box (BOX) report for its CFO?
Box reported that CFO Dylan C. Smith sold 17,000 shares of Class A Common Stock. The sale occurred on February 10, 2026 as an open-market transaction, executed under a pre-established Rule 10b5-1 trading plan adopted on May 29, 2025.
What does the weighted average price mean in the Box CFO’s sale?
The filing reports a weighted average sale price of $24.746 for Dylan Smith’s 17,000 shares. Actual trades occurred between $24.59 and $24.91, and the CFO will provide detailed breakdowns of share quantities at each price upon request from regulators or shareholders.
How are restricted stock units (RSUs) reflected in the Box CFO’s holdings?
The Form 4 notes that some of Dylan Smith’s reported holdings are restricted stock units. Each RSU represents the right to receive one share of Box Common Stock, subject to the applicable vesting schedule and his continuous service through the relevant vesting dates.