BOX Inc (NYSE: BOX) CFO sells 17,000 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
BOX Inc Chief Financial Officer Dylan C. Smith reported an open-market sale of 17,000 shares of Class A Common Stock on July 10, 2026 at a weighted average price of $29.053 per share. The transaction was executed under a Rule 10b5-1 trading plan adopted on May 29, 2025. Following this sale, Smith holds 1,337,075 shares directly, some of which are represented by time-based and performance-based restricted stock units.
Positive
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Negative
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Insights
CFO’s pre-planned sale is modest relative to his remaining holdings.
CFO Dylan C. Smith sold 17,000 shares of BOX Class A Common Stock at a weighted average of $29.053 per share. The sale was reported as an open-market transaction and executed under a Rule 10b5-1 trading plan adopted on May 29, 2025, indicating it was pre-scheduled rather than opportunistic.
After the sale, Smith continues to hold 1,337,075 shares directly, including shares represented by time-based and performance-based restricted stock units (RSUs). This suggests the transaction represents only a small portion of his overall equity stake. Because it is both pre-planned and relatively modest compared with his remaining position, it appears to be a routine liquidity or diversification move rather than a strong directional signal about BOX’s prospects.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 17,000 | $29.053 | $494K |
Footnotes (1)
- The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 29, 2025. This sale price represents the weighted average sale price of the shares sold ranging from $28.89 to $29.19 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. Certain of these shares are represented by time-based and performance-based 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.