STOCK TITAN

Box (BOX) CEO awarded RSUs; 791 shares withheld to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Levie Aaron

(Last)(First)(Middle)
900 JEFFERSON AVE

(Street)
REDWOOD CITY CALIFORNIA 94063

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BOX INC [ BOX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock04/22/2026A1,954(1)A$0.02,908,984(2)D
Class A Common Stock04/22/2026F791(3)D$24.332,908,193(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
3. 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.
/s/ David Leeb, Attorney-in-Fact04/23/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many BOX (BOX) shares were withheld for Aaron Levie’s taxes?

The company withheld 791 shares of Class A Common Stock at $24.33 per share. This covered its income tax and withholding and remittance obligations related to the RSU net settlement, and the filing clarifies this withholding does not represent a sale by Levie.

What is Aaron Levie’s BOX (BOX) shareholding after these Form 4 transactions?

After the reported transactions, Aaron Levie directly owned 2,908,984 shares of BOX Class A Common Stock. This total reflects his updated position following the fully vested RSU bonus grant and the share withholding used to satisfy associated tax obligations.