Box (NYSE: BOX) director sells shares and receives new RSU grant
Rhea-AI Filing Summary
Box Inc. director Bethany Mayer reported both an equity award and share sales. On June 25, 2026, she received a grant of 12,266 restricted stock units under Box’s Outside Director Compensation Policy, each RSU representing one share of Class A common stock. These RSUs vest fully on the earlier of June 25, 2027 or Box’s next annual stockholder meeting, assuming continued service.
On June 26, 2026, Mayer sold 2,735 shares of Class A common stock at a weighted average price of $26.108 per share and 1,325 shares at a weighted average price of $25.778 per share in open‑market transactions. The sales were executed pursuant to a Rule 10b5‑1 trading plan adopted on September 22, 2025, indicating they were pre‑scheduled. After these trades, she held 17,228 shares directly and 64,993 shares indirectly through The Jantzen/Mayer Family 2002 Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,325 | $25.778 | $34K |
| Sale | Class A Common Stock | 2,735 | $26.108 | $71K |
| Grant/Award | Class A Common Stock | 12,266 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
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. The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 22, 2025. This sale price represents the weighted average sale price of the shares sold ranging from $25.00 to $25.96 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. This sale price represents the weighted average sale price of the shares sold ranging from $26.00 to $26.235 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. The shares are held of record by Bethany Mayer and Dale Jantzen, as Trustees of The Jantzen/Mayer Family 2002 Trust.