Does Eli Berkovitch’s Form 4 show any BOX (BOX) open-market share sales?

The filing shows no open-market sales. The only disposition is 2,152 shares withheld by BOX INC to cover tax obligations from RSU settlement. A footnote explicitly clarifies this withholding does not represent a sale by the reporting person in the market.

BOX (BOX) VP Eli Berkovitch gets RSU bonus while shares withheld for taxes

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

BOX INC executive Eli Berkovitch, VP Chief Accounting Officer & Controller, reported routine equity compensation movements in Class A Common Stock. He received 6,115 Restricted Stock Units (RSUs) as a bonus under the Company's Fiscal Year 2026 Executive Bonus Plan, which were deemed 100% vested immediately after grant.

To cover income tax withholding from the net settlement of these RSUs, the company withheld 2,152 shares at a reference price of $24.33 per share, a tax-withholding disposition rather than a market sale. Following these transactions, Berkovitch directly holds 124,131 shares of BOX Class A Common Stock, including shares represented by RSUs that remain subject to their applicable vesting schedules.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Berkovitch Eli

Role VP Chief Acct Ofr & Controller

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	6,115	$0.00	--
Tax Withholding	Class A Common Stock	2,152	$24.33	$52K

Holdings After Transaction: Class A Common Stock — 124,131 shares (Direct, null)

Footnotes (1)

Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment earned under the Company's Fiscal Year 2026 Executive Bonus Plan. These RSUs were deemed 100% vested immediately following their grant. 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. 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 RSUs and does not represent a sale by the Reporting Person.

Key Figures

RSUs granted: 6,115 RSUs Shares withheld for taxes: 2,152 shares at $24.33/share Shares held after transactions: 124,131 shares +1 more

4 metrics

RSUs granted 6,115 RSUs Bonus under Fiscal Year 2026 Executive Bonus Plan; deemed 100% vested immediately

Shares withheld for taxes 2,152 shares at $24.33/share Withheld to satisfy income tax and withholding obligations on RSU net settlement

Shares held after transactions 124,131 shares Direct Class A Common Stock holdings following grant and tax withholding

Shares after tax withholding entry 121,979 shares Holdings immediately following the 2,152-share tax-withholding disposition entry

Key Terms

Restricted Stock Units ("RSUs"), Fiscal Year 2026 Executive Bonus Plan, net settlement of RSUs, income tax and withholding and remittance obligations, +1 more

5 terms

Restricted Stock Units ("RSUs") financial

"Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Fiscal Year 2026 Executive Bonus Plan financial

"granted as a bonus payment earned under the Company's Fiscal Year 2026 Executive Bonus Plan"

net settlement of RSUs financial

"in connection with the net settlement of RSUs and does not represent a sale"

income tax and withholding and remittance obligations financial

"withheld by the Issuer to satisfy its income tax and withholding and remittance obligations"

vesting schedule financial

"subject to the applicable vesting schedule and the Reporting Person's continuous service"

A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.

Form 4 Insider Transactions: What Each Field Means →

04/23/2026 - 05:35 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Berkovitch Eli

(Last)

(First)

(Middle)

900 JEFFERSON AVE

(Street)

REDWOOD CITY

CALIFORNIA

94063

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BOX INC [ BOX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP Chief Acct Ofr & Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/22/2026		A		6,115⁽¹⁾	A	$0.00	124,131⁽²⁾	D
Class A Common Stock	04/22/2026		F		2,152⁽³⁾	D	$24.33	121,979⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment earned under the Company's Fiscal Year 2026 Executive Bonus Plan. These RSUs were deemed 100% vested immediately following their grant.

2. 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.

3. 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 RSUs and does not represent a sale by the Reporting Person.

	/s/ David Leeb, Attorney-in-Fact	04/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did BOX (BOX) executive Eli Berkovitch report?

Eli Berkovitch reported a routine equity compensation grant and related tax withholding. He received 6,115 RSUs as a bonus and 2,152 shares were withheld by BOX INC to satisfy tax obligations from the RSU net settlement, with no open-market share sales disclosed.

How many BOX (BOX) shares did Eli Berkovitch receive and at what cost?

He received 6,115 Restricted Stock Units with a stated price per share of $0.00. These RSUs were granted as a bonus under BOX INC's Fiscal Year 2026 Executive Bonus Plan and were deemed 100% vested immediately following the grant, reflecting compensation rather than a market purchase.

Why were 2,152 BOX (BOX) shares withheld in Eli Berkovitch’s Form 4?

BOX INC withheld 2,152 shares to satisfy income tax and withholding obligations tied to the net settlement of RSUs. A footnote clarifies this was a tax-withholding disposition, not a sale by Eli Berkovitch in the open market, and relates directly to his vested RSU award.

What is Eli Berkovitch’s BOX (BOX) shareholding after these transactions?

After the reported transactions, Eli Berkovitch directly holds 124,131 shares of BOX Class A Common Stock. Footnotes note that certain shares are represented by RSUs, each giving him the right to receive one share subject to the applicable vesting schedule and continued service.

What are the terms of the BOX (BOX) RSUs granted to Eli Berkovitch?

The Form 4 states the RSUs were granted as a bonus under the Fiscal Year 2026 Executive Bonus Plan. These 6,115 RSUs were deemed 100% vested immediately after grant, and each RSU represents the right to receive one share of BOX INC common stock under its terms.