Boxlight (NASDAQ: BOXL) COO Henry Nance reports small open-market share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boxlight Corp Chief Operating Officer Henry Nance reported an open-market sale of 8 shares of Class A common stock at $4.92 per share. After this transaction, he directly held 1,301 shares of Boxlight Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8 shares ($39)
Net Sell
1 txn
Insider
Nance Henry
Role
Chief Operating Officer
Sold
8 shs ($39.36)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | CLASS A COMMON STOCK | 8 | $4.92 | $39.36 |
Holdings After Transaction:
CLASS A COMMON STOCK — 1,301 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 8 shares
Sale price per share: $4.92 per share
Shares held after transaction: 1,301 shares
+1 more
4 metrics
Shares sold
8 shares
Class A common stock sold in open market
Sale price per share
$4.92 per share
Price for Boxlight Corp Class A common stock sale
Shares held after transaction
1,301 shares
Direct holdings after reported sale
Net share change
-8 shares
Net-sell direction from transaction summary
Key Terms
Form 4, open-market sale, Class A common stock, transaction code "S"
4 terms
Form 4 regulatory
"reported an open-market sale of 8 shares of Class A common stock"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"reported an open-market sale of 8 shares of Class A common stock at $4.92 per share"
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
"open-market sale of 8 shares of Class A common stock at $4.92 per share"
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" regulatory
"The transaction is coded “S”, which indicates a sale"
FAQ
What did Boxlight Corp (BOXL) COO Henry Nance report in this Form 4?
Henry Nance reported an open-market sale of Boxlight Corp Class A common stock. The transaction involved 8 shares sold at $4.92 per share, and it was disclosed as a routine insider transaction under Form 4 rules.
What transaction code and description were used in Henry Nance’s Boxlight (BOXL) Form 4?
The transaction is coded “S”, which indicates a sale. The description specifies a “Sale in open market or private transaction”, clarifying that the 8-share trade in Boxlight Corp Class A common stock was an open-market disposition.
Is Henry Nance’s Boxlight (BOXL) transaction classified as a buy or sell?
The transaction is classified as a sell. The Form 4 identifies the transaction direction as “sell” and the action as an open-market sale of 8 shares of Boxlight Corp Class A common stock at $4.92 per share.