Box Inc (NYSE: BOX) VP granted 6,115 RSUs, withholds shares for tax
Rhea-AI Filing Summary
Box Inc executive Eli Berkovitch, VP Chief Accounting Officer and Controller, reported a grant of 6,115 Restricted Stock Units as a bonus earned under the Fiscal Year 2026 Executive Bonus Plan, which were deemed 100% vested immediately after grant. On the same date, 2,152 shares of Class A Common Stock were withheld by Box to satisfy income tax and withholding obligations from the net settlement of RSUs, a disposition characterized as tax withholding rather than a sale. Following these transactions, Berkovitch directly holds 121,979 shares of Box Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,963 shares
Net Buy
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 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,152 | $24.33 | $52K |
Holdings After Transaction:
Class A Common Stock — 121,979 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
RSU bonus grant: 6,115 shares
Shares withheld for taxes: 2,152 shares
Tax withholding price: $24.33 per share
+1 more
4 metrics
RSU bonus grant
6,115 shares
Restricted Stock Units granted as a Fiscal Year 2026 Executive Bonus, 100% vested immediately
Shares withheld for taxes
2,152 shares
Shares withheld by issuer to satisfy income tax obligations on RSU net settlement
Tax withholding price
$24.33 per share
Per-share value used for tax-withholding disposition of 2,152 shares
Post-transaction holdings
121,979 shares
Direct Class A Common Stock holdings after reported transactions
Key Terms
Restricted Stock Units ("RSUs"), net settlement, Fiscal Year 2026 Executive Bonus Plan
3 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") that were granted as a bonus"
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.
net settlement financial
"in connection with the net settlement of RSUs"
Fiscal Year 2026 Executive Bonus Plan financial
"granted as a bonus payment earned under the Company's Fiscal Year 2026 Executive Bonus Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What RSU bonus did BOX's Eli Berkovitch receive?
Eli Berkovitch received a grant of 6,115 Restricted Stock Units as a bonus under Box’s Fiscal Year 2026 Executive Bonus Plan. The filing states these RSUs were deemed 100% vested immediately following their grant, with each RSU representing one share of common stock.
Was this BOX insider transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not selected, and there is no footnote referencing a Rule 10b5-1 or other pre-arranged trading plan. The reported RSU grant and tax-withholding disposition therefore are not identified as plan-based transactions in this disclosure.
What position does Eli Berkovitch hold at BOX?
Eli Berkovitch is identified as an officer of Box Inc with the title VP Chief Accounting Officer & Controller. This Form 4 reports his equity compensation activity and related tax-withholding disposition in Box Class A Common Stock in that executive capacity.