Were all of Eli Berkovitch’s BOX share dispositions open-market sales?

No. While 2,700 shares were sold in the open market, an additional 1,925 shares were withheld by BOX to satisfy income tax obligations from net-settled RSUs, which the filing explicitly states does not represent a sale by Berkovitch.

Box (BOX) VP Eli Berkovitch sells 2,700 shares, 1,925 withheld for tax

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

BOX Inc. vice president and chief accounting officer Eli Berkovitch reported a small share sale and tax-related share withholding. On June 17, he sold 2,700 shares of Class A common stock in an open-market transaction at a weighted average price of $25.324 per share, with individual sale prices ranging from $25.321 to $25.33.

On June 20, an additional 1,925 shares were disposed of to cover income tax obligations from the net settlement of restricted stock units, which the filing notes does not represent a sale by him. Following these transactions, Berkovitch directly holds 111,054 shares of BOX Class A common stock.

Insider Trade Summary

Net Seller: 2,700 shares ($68,375)

Net Sell 2 txns

Insider Berkovitch Eli

Role VP Chief Acct Ofr & Controller

Sold 2,700 shs ($68K)

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	1,925	$24.84	$48K
Sale	Class A Common Stock	2,700	$25.324	$68K

Holdings After Transaction: Class A Common Stock — 111,054 shares (Direct, null)

Footnotes (1)

This sale price represents the weighted average sale price of the shares sold ranging from $25.321 to $25.33 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. Certain of these shares are represented by 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. 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 RSUs and does not represent a sale by the Reporting Person.

Key Figures

Open-market sale: 2,700 shares Sale price range: $25.321–$25.33 per share Tax withholding shares: 1,925 shares +2 more

5 metrics

Open-market sale 2,700 shares Class A Common Stock sold on June 17 at weighted avg $25.324

Sale price range $25.321–$25.33 per share Price range for 2,700-share open-market sale on June 17

Tax withholding shares 1,925 shares Shares withheld June 20 to satisfy RSU-related tax obligations

Shares held after 111,054 shares Direct BOX Class A holdings following the reported transactions

Tax withholding price $24.84 per share Value used for 1,925-share tax-withholding disposition on June 20

Key Terms

weighted average sale price, restricted stock units ("RSUs"), net settlement of RSUs, withheld by the Issuer to satisfy its income tax and withholding

4 terms

weighted average sale price financial

"This sale price represents the weighted average sale price of the shares sold..."

restricted stock units ("RSUs") financial

"Certain of these shares are represented by restricted stock units ("RSUs"). Each RSU represents..."

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.

net settlement of RSUs financial

"in connection with the net settlement of RSUs and does not represent a sale..."

withheld by the Issuer to satisfy its income tax and withholding financial

"Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding..."

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Form 4 Insider Transactions: What Each Field Means →

06/22/2026 - 07:23 PM

SEC Form 4

FORM 4

UNITED 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^*

Berkovitch Eli

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP Chief Acct Ofr & Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/17/2026		S		2,700	D	$25.324⁽¹⁾	112,979⁽²⁾	D
Class A Common Stock	06/20/2026		F		1,925⁽³⁾	D	$24.84	111,054⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This sale price represents the weighted average sale price of the shares sold ranging from $25.321 to $25.33 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.

2. Certain of these shares are represented by 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.

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 RSUs and does not represent a sale by the Reporting Person.

	/s/ David Leeb, Attorney-in-Fact	06/22/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did BOX VP Eli Berkovitch report on this Form 4?

Eli Berkovitch reported selling 2,700 BOX Class A shares in an open-market trade and a separate 1,925-share disposition to cover taxes on restricted stock units, while remaining directly invested with 111,054 BOX shares after these transactions.

How many BOX shares did Eli Berkovitch sell and at what price?

He sold 2,700 BOX Class A common shares in an open-market transaction at a weighted average price of $25.324 per share, with individual sale prices ranging from $25.321 to $25.33 per share, according to the Form 4 footnote disclosure.

How many BOX shares does Eli Berkovitch hold after these transactions?

After the reported sale and tax-withholding disposition, Eli Berkovitch directly holds 111,054 shares of BOX Class A common stock, reflecting his remaining ownership position as disclosed in the Form 4 transaction tables.

What are the restricted stock units (RSUs) mentioned in Eli Berkovitch’s BOX filing?

The filing explains that certain BOX shares are represented by RSUs, each giving Berkovitch the right to receive one share of common stock, subject to vesting schedules and his continued service with the company through each applicable vesting date.