Box CAO has 1,925 shares withheld for taxes

BOX’s chief accounting officer reported tax-withholding share dispositions related to RSU vesting, not an open-market stock sale.

Rhea-AI Filing Summary

BOX INC (BOX) reported that Eli Berkovitch, its VP Chief Accounting Officer & Controller, had 1,925 shares of Class A Common Stock withheld on September 20, 2026 to satisfy income tax obligations in connection with the net settlement of restricted stock units. This withholding does not represent a sale by the officer. After this transaction, he held 103,880 shares directly, including 401 shares acquired on September 15, 2026 under the company’s Employee Stock Purchase Plan.

Insider Trade Summary

Tax Withholding: 1,925 shares

Tax Withholding 1 txn

Insider Berkovitch Eli

Role VP Chief Acct Ofr & Controller

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock F1, F2, F3	1,925	$33.72	$65K

Holdings After Transaction: Class A Common Stock — 103,880 shares (Direct)

Footnotes (3)

1. F1. 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 restricted stock units ("RSUs") and does not represent a sale by the Reporting Person.
2. F2. Includes 401 shares acquired on September 15, 2026 by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.
3. F3. 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

Shares withheld for taxes: 1,925 shares Withholding reference price: $33.72 per share Shares held after transaction: 103,880 shares +1 more

4 metrics

Shares withheld for taxes 1,925 shares Class A Common Stock withheld on September 20, 2026 for RSU-related tax obligations

Withholding reference price $33.72 per share Value used for the 1,925 shares withheld on September 20, 2026

Shares held after transaction 103,880 shares Direct Class A Common Stock holdings of Eli Berkovitch following the September 20, 2026 transaction

ESPP acquisition 401 shares Shares acquired on September 15, 2026 under BOX’s Employee Stock Purchase Plan, included in post-transaction holdings

Key Terms

restricted stock units, net settlement, Employee Stock Purchase Plan, withheld by the Issuer

4 terms

restricted stock units financial

"in connection with the net settlement of restricted stock units ("RSUs")"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

net settlement financial

"in connection with the net settlement of restricted stock units ("RSUs")"

Employee Stock Purchase Plan financial

"pursuant to the Issuer's Employee Stock Purchase Plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

withheld by the Issuer financial

"Represents shares that have been withheld by the Issuer to satisfy its income tax"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BOX (BOX) disclose for Eli Berkovitch?

The company disclosed that Eli Berkovitch had 1,925 shares of Class A Common Stock withheld on September 20, 2026 to cover income tax obligations from net-settled RSUs; this was not an open-market sale.

Was the BOX (BOX) insider transaction a market sale of shares?

No. The 1,925 shares reported were withheld by BOX to satisfy income tax and withholding obligations tied to RSU settlement and do not represent a sale by Eli Berkovitch.

How many BOX (BOX) shares did Eli Berkovitch hold after the reported transaction?

After the September 20, 2026 tax-withholding transaction, Eli Berkovitch directly held 103,880 shares of BOX Class A Common Stock, including shares represented by RSUs subject to vesting conditions.

At what value were the BOX (BOX) shares withheld for taxes?

The 1,925 shares of BOX Class A Common Stock withheld for tax purposes were valued at $33.72 per share, as reported for the September 20, 2026 transaction.

Did Eli Berkovitch acquire additional BOX (BOX) shares through an employee plan?

Yes. A footnote states he acquired 401 shares on September 15, 2026 under BOX’s Employee Stock Purchase Plan, which are included in his 103,880 post-transaction shares.

Were the BOX (BOX) insider transactions under a Rule 10b5-1 trading plan?

No Rule 10b5-1 trading plan is indicated. The filing’s plan checkbox is not marked as being under such a plan, and the footnotes describe only tax withholding and employee plan acquisition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/22/2026 - 07:33 PM Accepted by SEC EDGAR 09/22/2026 - 07:32 PM Learn about SEC filing dates

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)
09/20/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/20/2026		F		1,925(1)	D	$33.72	103,880(2)(3)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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 restricted stock units ("RSUs") and does not represent a sale by the Reporting Person.

2. Includes 401 shares acquired on September 15, 2026 by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.

3. 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.

	/s/ David Leeb, Attorney-in-Fact	09/22/2026
	** 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)