Boxlight technology chief sells 1 share for $5.47
No Rule 10b5-1 plan is reported for the transaction.
Rhea-AI Filing Summary
Boxlight Corp (BOXL) Chief Technology Officer Shaun Marklew reported a direct sale of 1 share of Class A common stock at $5.47 per share on August 25, 2026. His reported direct holdings after the transaction were 122 shares. No Rule 10b5-1 plan is reported. The remarks describe RSU-vesting sell-to-cover transactions as automatic, routine and non-discretionary, and say they fund tax-withholding obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1 shares
Net Sell
1 txn
Insider
Marklew Shaun
Role
Chief Technology Officer
Sold
1 shs ($5.47)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | CLASS A COMMON STOCK | 1 | $5.47 | $5.47 |
Holdings After Transaction:
CLASS A COMMON STOCK — 122 shares (Direct)
Key Figures
Shares sold: 1 share
Sale price per share: $5.47 per share
Direct shares following transaction: 122 shares
3 metrics
Shares sold
1 share
Class A common stock sale on August 25, 2026
Sale price per share
$5.47 per share
Class A common stock sale on August 25, 2026
Direct shares following transaction
122 shares
Reported after the August 25, 2026 transaction
Key Terms
restricted stock units (RSUs), sell to cover, Section 16b-3
3 terms
restricted stock units (RSUs) financial
"vesting of restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
sell to cover financial
""sell to cover" transactions"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
Section 16b-3 regulatory
"exempt under Section 16b-3"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was the BOXL transaction under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.