Box (NYSE: BOX) director sells 2,500 shares at $31.768 average price

Rhea-AI Filing Summary

Box Inc. reported that one of its directors sold Class A common stock in an open-market transaction. On 12/04/2025, the reporting person sold 2,500 shares at a weighted average price of $31.768 per share, coded as an "S" sale transaction. The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on June 27, 2025, which is designed to allow insiders to trade according to a predetermined schedule.

After this sale, the director beneficially owns 25,355 shares of Box, including shares represented by restricted stock units, each of which entitles the holder to receive one share of common stock as vesting conditions and continued service requirements are met.

Insider Trade Summary

Net Seller: 2,500 shares ($79,420)

Net Sell 1 txn

Insider LAZAR JACK R

Role Director

Sold 2,500 shs ($79K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	2,500	$31.768	$79K

Holdings After Transaction: Class A Common Stock — 25,355 shares (Direct)

Footnotes (1)

1. The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 27, 2025. This sale price represents the weighted average sale price of the shares sold ranging from $31.61 to $32.41 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 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.

Form 4 Insider Transactions: What Each Field Means →

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).

X

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^*

LAZAR JACK R

(Last) (First) (Middle)

900 JEFFERSON AVE

(Street)

REDWOOD CITY CA 94063

(City) (State) (Zip)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/04/2025

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

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

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

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	12/04/2025		S(1)		2,500	D	$31.768(2)	25,355(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. The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 27, 2025.

2. This sale price represents the weighted average sale price of the shares sold ranging from $31.61 to $32.41 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.

3. 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.

	/s/ David Leeb, Attorney-in-Fact	12/05/2025
	** 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.

FAQ

What insider transaction did BOX report in this Form 4?

The filing shows that a director of Box Inc. sold 2,500 shares of Class A common stock on 12/04/2025 in an open-market sale.

At what price were the BOX shares sold in the reported transaction?

The 2,500 shares were sold at a weighted average price of $31.768 per share, with individual sale prices ranging from $31.61 to $32.41 per share.

How many BOX shares does the reporting person own after this sale?

Following the reported sale, the director beneficially owns 25,355 shares of Box Inc. common stock, held in direct ownership.

Were any BOX shares sold outside of a trading plan?

No. The sale was executed under a Rule 10b5-1 trading plan that the reporting person adopted on June 27, 2025, which pre-schedules trades.

What role do restricted stock units (RSUs) play in the BOX director's holdings?

The filing notes that certain shares are represented by restricted stock units (RSUs). Each RSU gives the right to receive one share of Box common stock, subject to vesting and continued service.

What does the transaction code "S" indicate for this BOX Form 4 filing?

The transaction code "S" indicates an open-market or private sale of Box Inc. Class A common stock by the reporting person.