Box CFO sells 17,000 shares in preset stock trade
BOX’s CFO sold 17,000 shares under a Rule 10b5-1 plan and continues to hold over 1.3 million shares, partly through RSUs.
Rhea-AI Filing Summary
BOX INC (BOX) reported that Chief Financial Officer Dylan C. Smith sold 17,000 shares of Class A Common Stock on September 10, 2026, in an open-market transaction at a weighted average price around $34.52 per share, under a Rule 10b5-1 trading plan. Following this sale, he holds 1,320,075 shares directly, including shares represented by time-based and performance-based RSUs.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 17,000 shares
Net Sell
1 txn
Insider
Smith Dylan C
Role
Chief Financial Officer
Sold
17,000 shs ($587K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 17,000 | $34.522 | $587K |
Holdings After Transaction:
Class A Common Stock — 1,320,075 shares (Direct)
Footnotes (3)
- F1. The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 4, 2026.
- F2. This sale price represents the weighted average sale price of the shares sold ranging from $33.92 to $34.80 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.
- F3. Certain of these shares are represented by time-based and performance-based 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.
Key Figures
Shares sold: 17,000 shares
Weighted average sale price: $34.522 per share
Sale price range: $33.92–$34.80 per share
+3 more
6 metrics
Shares sold
17,000 shares
Class A Common Stock sold on September 10, 2026
Weighted average sale price
$34.522 per share
Open-market or private sale on September 10, 2026
Sale price range
$33.92–$34.80 per share
Range of prices for trades included in the reported sale
Shares held after transaction
1,320,075 shares
Direct holdings of CFO Dylan C. Smith following the sale
Rule 10b5-1 plan adoption date
June 4, 2026
Date the trading plan governing the reported sales was adopted
Net shares sold in filing
17,000 shares
Net sell activity across all reported transactions in this Form 4
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, restricted stock units ("RSUs")
3 terms
Rule 10b5-1 trading plan regulatory
"The reported sales were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"This sale price represents the weighted average sale price of the shares"
restricted stock units ("RSUs") financial
"Certain of these shares are represented by time-based and performance-based restricted stock units"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BOX CFO Dylan Smith report on this Form 4 for BOX?
He reported a sale of 17,000 shares of BOX Class A Common Stock on September 10, 2026, in an open-market or private transaction at a weighted average price of about $34.52 per share, as disclosed in the filing.
Was the BOX CFO’s September 2026 stock sale under a Rule 10b5-1 plan?
Yes. The filing states the reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 4, 2026, indicating the trades were pre-arranged under that plan.
What security was involved in the BOX CFO’s Form 4 transaction?
The transaction involved Class A Common Stock of BOX INC. The CFO sold 17,000 shares and continues to hold additional shares and restricted stock units (RSUs) that entitle him to receive BOX common stock upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.