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.
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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.
Was the BOX Inc insider transaction a sale of shares by the executive?
No. The filing states that the 1,903 shares were withheld by the issuer to satisfy tax and withholding obligations in connection with the net settlement of RSUs and does not represent a sale by the reporting person.
How many BOX Inc shares does the reporting person hold after this transaction?
Following the reported transaction, the VP Chief Accounting Officer and Controller beneficially owned 121,781 shares of BOX Inc Class A common stock.
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 price was used for the BOX Inc RSU tax withholding shares?
The 1,903 withheld shares were valued at a price of $30.44 per share for purposes of satisfying the tax and withholding obligations related to the RSU net settlement.
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.