Box (BOX) COO reports RSU-related tax withholding transaction
Rhea-AI Filing Summary
Box Inc. reported an insider stock transaction by its Chief Operating Officer on 12/20/2025. The filing shows that 18,584 shares of Class A common stock were withheld by the company at a price of $30.44 per share to cover income tax and withholding obligations arising from the net settlement of restricted stock units (RSUs). This withholding is explicitly stated as not a sale by the executive. After this transaction, the reporting person beneficially owned 479,055 shares, some of which are RSUs, each representing the right to receive one share of Box common stock subject to vesting and continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 18,584 | $30.44 | $566K |
Footnotes (1)
- 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 restricted stock units ("RSUs") and does not represent a sale by the Reporting Person. 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.
FAQ
What insider transaction did Box (BOX) disclose in this Form 4?
The Chief Operating Officer of Box Inc. reported that 18,584 shares of Class A common stock were withheld by the company on 12/20/2025 to satisfy tax and withholding obligations related to RSU vesting.
What role does the reporting person hold at Box Inc.?
The reporting person is an officer of Box Inc., serving as the company’s Chief Operating Officer.
How are RSUs described in this Box (BOX) insider filing?
The filing explains that certain shares are represented by RSUs, with each RSU giving the reporting person the right to receive one share of common stock of Box, subject to the vesting schedule and the executive’s continuous service.