Box Inc. (BOX) director discloses charitable stock gifts in Form 4
Rhea-AI Filing Summary
A director of Box Inc. reported two charitable transfers of Class A common stock on 12/24/2025. One transaction involved 1,000 shares and the other 1,200 shares, both coded as "G," which indicates a bona fide gift, at a reported price of $0.00 per share. After these transactions, the director beneficially owned 114,725 shares after the first gift and 113,525 shares after the second, held directly.
The filing clarifies that the transactions represent a bona fide charitable contribution to a donor advised fund and that no shares were sold by the reporting person. It also notes that some of the remaining holdings consist of restricted stock units, each of which represents the right to receive one share of Box common stock if vesting conditions and continued service requirements are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 1,000 | $0.00 | -- |
| Gift | Class A Common Stock | 1,200 | $0.00 | -- |
Footnotes (1)
- This transaction represents a bona fide charitable contribution to a donor advised fund. No shares were sold by the Reporting Person. Certain of these shares are represented by restricted stock units ("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 report in this Form 4?
A Box Inc. director reported two bona fide gifts of Class A common stock on 12/24/2025, rather than market sales.
Does the Box (BOX) director hold restricted stock units (RSUs)?
Yes. The filing notes that certain shares are represented by restricted stock units (RSUs), each RSU giving the right to receive one Box common share if vesting and service conditions are met.
What does transaction code "G" mean in this Box Form 4?
Transaction code "G" in this context indicates a bona fide gift, which in this case was a charitable contribution to a donor advised fund.