Box director receives 8,372-share RSU award
BOX Inc director Daniel J. Levin received an equity grant of 8,372 restricted stock units (RSUs) of Class A Common Stock.
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Rhea-AI Filing Summary
BOX Inc director Daniel J. Levin received an equity grant of 8,372 restricted stock units (RSUs) of Class A Common Stock. The award was granted at no cash cost to him as part of the company’s Outside Director Compensation Policy.
Each RSU converts into one share upon settlement. All 8,372 RSUs will vest 100% on the earlier of June 25, 2027 or the date of Box’s next annual meeting of stockholders, assuming continued service. After this grant, Levin holds a total of 66,060 shares, including shares represented by RSUs, reflecting routine director compensation rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,372 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
restricted stock unit ("RSU") financial
Outside Director Compensation Policy financial
vest financial
continuous service financial
FAQ
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What did Box (BOX) director Daniel J. Levin report in this Form 4?
When do Daniel J. Levin’s new Box (BOX) RSUs vest?
What does each RSU granted to the Box (BOX) director represent?
Was this Box (BOX) Form 4 transaction an open-market buy or sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.