Director Sue Barsamian receives 8,372 BOX (BOX) RSUs under equity plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOX Inc. director Sue Barsamian received an equity award of 8,372 shares of Class A Common Stock in the form of restricted stock units (RSUs). The award was granted at no cash cost and increases her direct holdings to 69,317 shares.
The RSUs were granted under BOX’s Outside Director Compensation Policy. Each RSU converts into one share of Class A Common Stock upon settlement. According to the terms, 100% of the RSUs will vest on the earlier of June 25, 2027 or the date of BOX’s next annual stockholder meeting, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barsamian Sue
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,372 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 69,317 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 shares
Post-transaction holdings: 69,317 shares
Grant price: $0.00 per share
+2 more
5 metrics
RSU grant size
8,372 shares
Annual RSU award to director on June 25, 2026
Post-transaction holdings
69,317 shares
Total Class A Common Stock directly held after grant
Grant price
$0.00 per share
Equity compensation, no cash paid by director
Vesting date
June 25, 2027
100% vesting or earlier at next annual meeting
Transaction direction
1 acquisition transaction
Form 4 summary shows acquireCount of 1
Key Terms
restricted stock unit ("RSU"), Outside Director Compensation Policy, vesting schedule, continuous service
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 schedule financial
"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."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
continuous service financial
"subject to the applicable vesting schedule and the Reporting Person's continuous service through each such date."
FAQ
What did BOX (BOX) director Sue Barsamian report in this Form 4?
Sue Barsamian reported receiving 8,372 restricted stock units of BOX Class A Common Stock. These RSUs are an equity award under the company’s Outside Director Compensation Policy and increase her direct ownership stake in the company.
When do Sue Barsamian’s new BOX (BOX) RSUs vest?
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. Vesting is contingent on her continuous service through the applicable vesting date.
Are Sue Barsamian’s BOX (BOX) RSUs the same as common stock today?
The RSUs are not regular shares until they vest and settle. Each RSU represents a contingent right to receive one share of BOX Class A Common Stock, assuming she satisfies the continuous service requirement through the vesting date.