STOCK TITAN

Box (BOX) director sells 17,034 shares after exercising options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BOX Inc. director Dana L. Evan exercised stock options for 17,034 shares of Class A Common Stock at an exercise price of $11.19 per share, then sold the same 17,034 shares in an open-market transaction at a weighted average price of $24.238 per share, within a range of $24.16 to $24.28. After these transactions, Evan directly holds 113,525 shares of Box stock, with some shares represented by restricted stock units that vest over time.

Positive

  • None.

Negative

  • None.
Insider EVAN DANA L
Role Director
Sold 17,034 shs ($413K)
Type Security Shares Price Value
Exercise Director Stock Option (right to buy) 17,034 $0.00 --
Exercise Class A Common Stock 17,034 $11.19 $191K
Sale Class A Common Stock 17,034 $24.238 $413K
Holdings After Transaction: Director Stock Option (right to buy) — 0 shares (Direct); Class A Common Stock — 130,559 shares (Direct)
Footnotes (1)
  1. 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. This sale price represents the weighted average sale price of the shares sold ranging from $24.16 to $24.28 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. All of this option grant's shares became fully exercisable as of June 21, 2017.
Options exercised 17,034 shares Director Stock Option exercised on April 6, 2026
Option exercise price $11.19 per share Exercise price for 17,034 options
Shares sold 17,034 shares Open-market sale on April 6, 2026
Weighted average sale price $24.238 per share Sale prices ranged from $24.16 to $24.28
Post-transaction holdings 113,525 shares Direct ownership after reported transactions
Option expiration date June 22, 2026 Expiration of exercised Director Stock Option
restricted stock units ("RSUs") financial
"Certain of these shares are represented by restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Director Stock Option (right to buy) financial
"security_title: Director Stock Option (right to buy)"
weighted average sale price financial
"This sale price represents the weighted average sale price of the shares sold"
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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
SEC Form 4
FORM 4UNITED 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).
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*
EVAN DANA L

(Last)(First)(Middle)
900 JEFFERSON AVE

(Street)
REDWOOD CITY CALIFORNIA 94063

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BOX INC [ BOX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/06/2026M17,034A$11.19130,559(1)D
Class A Common Stock04/06/2026S17,034D$24.238(2)113,525(1)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Director Stock Option (right to buy)$11.1904/06/2026M17,034 (3)06/22/2026Class A Common Stock17,034$00D
Explanation of Responses:
1. 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.
2. This sale price represents the weighted average sale price of the shares sold ranging from $24.16 to $24.28 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. All of this option grant's shares became fully exercisable as of June 21, 2017.
/s/ David Leeb, Attorney-in-Fact04/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did BOX (BOX) director Dana L. Evan report?

Dana L. Evan exercised options for 17,034 Box shares at $11.19 and sold 17,034 shares at a weighted average price of $24.238. Following these transactions, Evan directly holds 113,525 shares, including some represented by restricted stock units.

How many BOX (BOX) shares did the director sell and at what price?

The director sold 17,034 Box Class A Common shares at a weighted average price of $24.238. Individual sale prices ranged from $24.16 to $24.28 per share, as disclosed, with full price details available on request from the reporting person.

What stock options did the BOX (BOX) director exercise?

The director exercised a Director Stock Option covering 17,034 shares at an exercise price of $11.19 per share. All shares under this option grant had been fully exercisable since June 21, 2017, with the option expiring on June 22, 2026.

How many BOX (BOX) shares does the director own after these Form 4 trades?

After the reported transactions, the director directly owns 113,525 Box Class A Common shares. Certain shares are represented by restricted stock units, each RSU corresponding to one share subject to vesting and continued service requirements.

What are the restricted stock units (RSUs) mentioned for BOX (BOX) director holdings?

The filing notes that some of the director’s holdings are in restricted stock units. Each RSU represents the right to receive one Box common share, contingent on the specified vesting schedule and the director’s continuous service through the applicable vesting dates.