Box (BOX) outside director awarded 8,372 RSUs, holdings now 121,897 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EVAN DANA L reported acquisition or exercise transactions in this Form 4 filing.
BOX Inc director Dana L. Evan received an equity award in the form of restricted stock units. The grant covers 8,372 shares of Class A Common Stock at no purchase price under Box’s Outside Director Compensation Policy.
The RSUs vest 100% on the earlier of twelve months from the grant date, June 25, 2027, or the company’s next annual stockholder meeting, provided the director continues in service. Following this grant, Evan directly holds 121,897 shares, including shares represented by unvested RSUs subject to the applicable vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
EVAN DANA L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,372 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 121,897 shares (Direct, null)
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.
Key Figures
RSU grant size: 8,372 shares
Price per share: $0.0000 per share
Post‑grant holdings: 121,897 shares
+1 more
4 metrics
RSU grant size
8,372 shares
Annual RSU award to outside director on June 25, 2026
Price per share
$0.0000 per share
Compensation grant, not a market purchase
Post‑grant holdings
121,897 shares
Director’s direct ownership after RSU award
Vesting date
June 25, 2027
100% vesting or earlier at next annual meeting
Key Terms
restricted stock unit ("RSU"), Outside Director Compensation Policy, vesting, continuous service
4 terms
restricted stock unit ("RSU") financial
"Represents an annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy."
Outside Director Compensation Policy financial
"Represents an annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy."
vesting financial
"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."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service financial
"subject to the applicable vesting schedule and the Reporting Person's continuous service through each such date."
FAQ
What did BOX (BOX) director Dana L. Evan report in this Form 4?
Dana L. Evan reported receiving a grant of 8,372 restricted stock units of BOX Class A Common Stock. The award is part of Box’s Outside Director Compensation Policy and was received at no purchase price as equity-based compensation.
What type of award did BOX (BOX) grant to director Dana L. Evan?
BOX granted an annual restricted stock unit (RSU) award covering 8,372 shares of Class A Common Stock. Each RSU represents a contingent right to receive one share upon settlement, consistent with the company’s Outside Director Compensation Policy.
When will the RSUs granted to BOX (BOX) director Evan vest?
The RSUs will vest 100% on the earlier of twelve months from the June 25, 2026 grant date, identified as June 25, 2027, or the date of Box’s next annual stockholder meeting, assuming continuous service through the applicable vesting date.
Did BOX (BOX) director Evan pay a purchase price for these RSUs?
No cash purchase was required for this award. The Form 4 reports a $0.0000 price per share, indicating the 8,372 RSUs were granted as compensation rather than bought in an open-market transaction or private purchase.