Boxlight (BOXL) COO sells 13 shares of common stock at $0.89
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boxlight Corp Chief Operating Officer Henry Nance reported an open-market sale of 13 shares of Class A common stock at $0.89 per share. After this transaction, he directly holds 1,240 shares of Boxlight common stock, indicating a very small, routine insider sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13 shares ($12)
Net Sell
1 txn
Insider
Nance Henry
Role
Chief Operating Officer
Sold
13 shs ($11.57)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | CLASS A COMMON STOCK | 13 | $0.89 | $11.57 |
Holdings After Transaction:
CLASS A COMMON STOCK — 1,240 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 13 shares
Sale price: $0.89 per share
Shares held after sale: 1,240 shares
3 metrics
Shares sold
13 shares
Open-market sale of Class A common stock
Sale price
$0.89 per share
Price for the 13 shares sold
Shares held after sale
1,240 shares
Direct holdings following the transaction
Key Terms
open-market sale, Class A common stock, transaction code "S", direct ownership, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A common stock financial
"security_title": "CLASS A COMMON STOCK""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
transaction code "S" financial
"transaction_code": "S""
direct ownership financial
"ownership_type": "direct""
net-sell financial
"netBuySellDirection": "net-sell""
FAQ
What insider transaction did Boxlight (BOXL) report for Henry Nance?
Boxlight reported that COO Henry Nance completed an open-market sale of 13 shares of Class A common stock. The shares were sold at a price of $0.89 per share, according to the Form 4 insider trading report.
What does transaction code "S" mean in the Boxlight (BOXL) Form 4?
Transaction code "S" on the Boxlight Form 4 indicates a sale in an open market or private transaction. In this case, it marks Henry Nance’s disposal of 13 Class A common shares at a price of $0.89 per share.
Was Henry Nance’s Boxlight (BOXL) trade a direct or indirect transaction?
The Form 4 classifies Henry Nance’s transaction as direct ownership using code "D". This means the 13 shares sold, and the remaining 1,240 shares, are held directly in his name rather than through an intermediary entity.