Box (NYSE: BOX) CEO makes 18,520-share charitable stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOX Inc Chief Executive Officer Aaron Levie reported a charitable stock gift. He transferred 18,520 shares of Class A Common Stock on June 9, 2026 as a bona fide charitable contribution to a donor advised fund, with no shares sold or cash consideration received.
Following this gift, Levie directly holds 2,889,673 shares of Class A Common Stock. A portion of these holdings consists of restricted stock units, each representing the right to receive one share of common stock subject to vesting and continued service. The transaction reflects a personal charitable decision rather than a market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,520 shares gifted
Mixed
1 txn
Insider
Levie Aaron
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 18,520 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 2,889,673 shares (Direct, null)
Footnotes (1)
- This transaction represents a bona fide charitable contribution to a donor advised fund. No shares were sold by the reporting person. 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.
Key Figures
Shares gifted: 18,520 shares
Price per share: $0.00 per share
Shares held after transaction: 2,889,673 shares
+2 more
5 metrics
Shares gifted
18,520 shares
Bona fide charitable contribution on June 9, 2026
Price per share
$0.00 per share
Reported value for gifted Class A Common Stock
Shares held after transaction
2,889,673 shares
Direct holdings of Aaron Levie following the gift
Gift transactions
1 transaction
Current Form 4 period gift count
Total shares gifted
18,520 shares
Gift shares reported in transaction summary
Key Terms
bona fide charitable contribution, donor advised fund, restricted stock units ("RSUs"), vesting schedule
4 terms
bona fide charitable contribution financial
"This transaction represents a bona fide charitable contribution to a donor advised fund."
donor advised fund financial
"represents a bona fide charitable contribution to a donor advised fund."
A donor advised fund is a charitable savings account you fund with cash or assets (including stocks) that lets you take an immediate tax benefit while recommending when and which charities receive grants over time. Think of it like a dedicated piggy bank for giving: you get tax relief when you put money in, can avoid selling appreciated securities and triggering capital gains, and still control the timing and recipients of donations, which affects tax planning, portfolio decisions, and public giving signals.
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.
vesting schedule financial
"subject to the applicable vesting schedule and the Reporting Person's continuous service"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
FAQ
What did BOX (BOX) CEO Aaron Levie report in this Form 4?
Aaron Levie reported a bona fide charitable contribution of 18,520 shares of BOX Class A Common Stock. The shares were gifted to a donor advised fund, and no shares were sold or cash proceeds received in this transaction.
What is the nature of the BOX (BOX) CEO’s charitable transaction?
The CEO made a bona fide charitable contribution of 18,520 shares to a donor advised fund at a reported price of $0.00 per share. This reflects a gift disposition, not an open-market trade or sale of BOX stock.
Do Aaron Levie’s BOX (BOX) holdings include restricted stock units (RSUs)?
Yes. The filing notes that certain shares are represented by restricted stock units. Each RSU gives Aaron Levie the right to receive one share of BOX common stock, subject to the applicable vesting schedule and his continuous service through each vesting date.