Box (BOX) director sells 17,034 shares after exercising options
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 17,034 shares ($412,870)
Net Sell
3 txns
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)
- 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.
Key Figures
Options exercised: 17,034 shares
Option exercise price: $11.19 per share
Shares sold: 17,034 shares
+3 more
6 metrics
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
Key Terms
restricted stock units ("RSUs"), Director Stock Option (right to buy), weighted average sale price, open-market sale, +1 more
5 terms
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"
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.
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.
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.