Boxlight COO Nance Henry sells 1 share for $5.47
The sale was described as an automatic, non-discretionary transaction to fund tax withholding tied to RSU vesting.
Rhea-AI Filing Summary
Boxlight Corp Chief Operating Officer Nance Henry reported selling 1 share of Class A common stock on August 25, 2026, at $5.47 per share. Henry directly held 208 shares after the transaction. The sale was described as an automatic, non-discretionary sell-to-cover transaction for tax withholding tied to RSU vesting. A separately reported ownership breakdown lists 1,018 Class A shares and 257 RSUs, with the RSUs subject to vesting conditions. No Rule 10b5-1 plan is reported.
Positive
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Negative
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Insider Trade Summary
Net Seller: 1 shares
Net Sell
1 txn
Insider
Nance Henry
Role
Chief Operating 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 — 208 shares (Direct)
Key Figures
Shares sold: 1 share
Sale price: $5.47 per share
Direct shares after transaction: 208 shares
+2 more
5 metrics
Shares sold
1 share
Class A common stock, August 25, 2026
Sale price
$5.47 per share
August 25, 2026
Direct shares after transaction
208 shares
Reported following the sale
Class A shares in ownership breakdown
1,018 shares
Separately reported ownership breakdown
RSUs
257 RSUs
Subject to vesting conditions
Key Terms
restricted stock units, sell to cover, equity incentive plan, Section 16b-3
4 terms
restricted stock units financial
"vesting of restricted stock units ("RSUs") held by the Reporting Person"
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.
sell to cover financial
"funded by "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.
equity incentive plan financial
"mandated by the Issuer under its equity incentive plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Section 16b-3 regulatory
"These transactions are exempt under Section 16b-3"
FAQ
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