Box (BOX) CEO awarded RSUs; 791 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOX INC Chief Executive Officer Aaron Levie reported routine equity compensation activity. He received 1,954 shares of Class A Common Stock on April 22, 2026 as a grant of Restricted Stock Units (RSUs) earned under the company’s Fiscal Year 2025 Executive Bonus Plan, which were deemed 100% vested immediately.
On the same date, 791 shares were withheld by the company at $24.33 per share to cover income tax and withholding obligations in connection with RSU net settlement, and this did not represent an open-market sale. After these transactions, Levie directly owned 2,908,984 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Levie Aaron
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,954 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 791 | $24.33 | $19K |
Holdings After Transaction:
Class A Common Stock — 2,908,984 shares (Direct, null)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment earned under the Company's Fiscal Year 2025 Executive Bonus Plan. These RSUs were deemed 100% vested immediately following their grant. 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. Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of Restricted Stock Units ("RSUs") and does not represent a sale by the Reporting Person.
Key Figures
RSU shares granted: 1,954 shares
Shares withheld for taxes: 791 shares
Withholding price per share: $24.33 per share
+1 more
4 metrics
RSU shares granted
1,954 shares
Bonus under Fiscal Year 2025 Executive Bonus Plan
Shares withheld for taxes
791 shares
Withheld to satisfy income tax and remittance obligations
Withholding price per share
$24.33 per share
Value used for tax-withholding share disposition
Total shares after transactions
2,908,984 shares
Direct Class A Common Stock ownership following transactions
Key Terms
Restricted Stock Units ("RSUs"), Executive Bonus Plan, net settlement, income tax and withholding and remittance obligations
4 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Executive Bonus Plan financial
"granted as a bonus payment earned under the Company's Fiscal Year 2025 Executive Bonus Plan"
net settlement financial
"in connection with the net settlement of Restricted Stock Units ("RSUs")"
income tax and withholding and remittance obligations financial
"withheld by the Issuer to satisfy its income tax and withholding and remittance obligations"
FAQ
What did BOX (BOX) CEO Aaron Levie report in this Form 4 filing?
Aaron Levie reported routine equity compensation activity. He received 1,954 shares of Class A Common Stock from vested RSUs and had 791 shares withheld to cover tax obligations. These transactions adjusted his direct holdings without any open-market purchases or sales.
Were Aaron Levie’s BOX (BOX) transactions open-market buys or sales?
The filing shows no open-market buys or sales. Shares were acquired through an RSU grant and some were disposed of only through tax withholding. The company withheld 791 shares to satisfy income tax and remittance obligations tied to RSU net settlement, not discretionary trading.
How many BOX (BOX) RSUs did Aaron Levie receive as a bonus?
He received 1,954 RSUs as a bonus under the Fiscal Year 2025 Executive Bonus Plan. Each RSU represents the right to receive one share of common stock, and this award was deemed 100% vested immediately following grant, reflecting fully earned incentive compensation.