BOX Inc (BOX) VP updates holdings after RSU share withholding
Rhea-AI Filing Summary
BOX Inc reported a routine insider equity update for its VP Chief Accounting Officer and Controller. On 12/20/2025, 1,903 shares of Class A common stock were withheld by the company at $30.44 per share to cover income tax and withholding obligations tied to the net settlement of restricted stock units (RSUs). This was not an open-market sale by the executive. After this transaction, the reporting person beneficially owned 121,781 shares, some of which are represented by RSUs that each convert into one share of common stock as they vest and as service requirements are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,903 | $30.44 | $58K |
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) report on this Form 4?
The filing shows that on 12/20/2025, BOX Inc withheld 1,903 shares of Class A common stock from its VP Chief Accounting Officer and Controller to satisfy income tax and withholding obligations related to restricted stock units.
What are the RSUs mentioned in the BOX (BOX) insider filing?
The filing explains that certain shares are represented by restricted stock units (RSUs), and each RSU gives the reporting person the right to receive one share of BOX common stock, subject to the applicable vesting schedule and continued service.
What is the insider’s role at BOX Inc in this Form 4?
The reporting person is identified as an officer of BOX Inc, holding the title VP Chief Accounting Officer & Controller.