Box Inc (BOX) COO reports Rule 10b5-1 stock sale and remaining holdings
Rhea-AI Filing Summary
Box Inc.'s Chief Operating Officer reports a small planned stock sale. The executive filed a Form 4 showing the sale of 4,612 shares of Box Class A common stock on 12/26/2025, coded as an open market sale. The weighted average sale price was $29.836 per share, with individual trades occurring between $29.683 and $29.945 per share.
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on July 9, 2025, which is designed to allow insiders to sell shares according to a preset schedule. After this sale, the reporting person beneficially owns 474,443 shares, some of which are in the form of restricted stock units that vest over time, each convertible into one share of Box common stock if service conditions are met.
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FAQ
What insider transaction did BOX Inc report in this Form 4?
The filing reports that Box Inc's Chief Operating Officer sold 4,612 shares of Class A common stock on 12/26/2025 in an open market transaction.
At what price were the BOX shares sold by the Chief Operating Officer?
The weighted average sale price was $29.836 per share, with individual trades occurring in a range from $29.683 to $29.945 per share.
Was the BOX insider sale made under a Rule 10b5-1 trading plan?
Yes. The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 9, 2025.
How many BOX shares does the insider beneficially own after this transaction?
Following the reported sale, the reporting person beneficially owns 474,443 shares of Box Inc, including shares represented by restricted stock units.
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.
What are the restricted stock units (RSUs) mentioned in the BOX filing?
The filing states that certain shares are represented by restricted stock units (RSUs), each giving the right to receive one share of Box common stock, subject to vesting and continuous service requirements.