Box director granted 8,372 RSUs in equity award
BOX INC director Jack R. Lazar received a grant of 8,372 restricted stock units (RSUs) of Class A Common Stock as board compensation.
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Rhea-AI Filing Summary
BOX INC director Jack R. Lazar received a grant of 8,372 restricted stock units (RSUs) of Class A Common Stock as board compensation. The award was made under the company’s Outside Director Compensation Policy and carries no cash exercise price.
Each RSU represents the right to receive one share of Class A Common Stock upon settlement. All of the RSUs will vest on the earlier of twelve months from the grant date, June 25, 2027, or the date of Box’s next annual meeting of stockholders, assuming continuous service. Following this grant, Lazar directly holds 33,727 shares, including shares represented by RSUs subject to their vesting schedules.
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
annual meeting of stockholders financial
continuous service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Box (BOX) director Jack R. Lazar report in this Form 4?
Is the Box (BOX) director RSU award an open-market stock purchase or sale?
When do Jack R. Lazar’s new Box (BOX) RSUs vest?
What does each Box (BOX) restricted stock unit (RSU) represent for Jack R. Lazar?
AI-generated analysis. How Rhea-AI works. Not financial advice.