Box (NYSE: BOX) CEO Aaron Levie sells 15,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Box Inc. Chief Executive Officer Aaron Levie sold 15,000 shares of Class A Common Stock in an open-market transaction. The shares were sold on June 22, 2026 at a weighted average price of $24.322 per share, with individual sale prices ranging from $24.09 to $24.91 per share.
The transaction was executed under a Rule 10b5-1 trading plan adopted by Levie on March 20, 2026. Following this sale, he directly holds 2,874,673 shares of Box Class A Common Stock, some of which are represented by restricted stock units that vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,000 shares ($364,830)
Net Sell
1 txn
Insider
Levie Aaron
Role
Chief Executive Officer
Sold
15,000 shs ($365K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 15,000 | $24.322 | $365K |
Holdings After Transaction:
Class A Common Stock — 2,874,673 shares (Direct, null)
Footnotes (1)
- The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 20, 2026. This sale price represents the weighted average sale price of the shares sold ranging from $24.09 to $24.91 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. 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 sold: 15,000 shares
Average sale price: $24.322 per share
Post-transaction holdings: 2,874,673 shares
+2 more
5 metrics
Shares sold
15,000 shares
Open-market sale of Class A Common Stock on June 22, 2026
Average sale price
$24.322 per share
Weighted average sale price for the 15,000 shares sold
Post-transaction holdings
2,874,673 shares
Total Box Class A shares directly held after the sale
Price range of sales
$24.09–$24.91 per share
Range of individual sale prices within the reported transaction
Trading plan adoption date
March 20, 2026
Date CEO adopted Rule 10b5-1 trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, restricted stock units ("RSUs"), open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 20, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"This sale price represents the weighted average sale price of the shares sold ranging from $24.09 to $24.91 per share."
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.
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.
FAQ
What insider transaction did Box (BOX) CEO Aaron Levie report?
Aaron Levie reported selling 15,000 Box Class A Common shares. The Form 4 shows an open-market sale on June 22, 2026 under a pre-established Rule 10b5-1 trading plan, documenting routine insider portfolio activity and updated ownership levels.
What security was involved in Aaron Levie’s Form 4 for Box (BOX)?
The transaction involved Box Class A Common Stock. The Form 4 records a non-derivative open-market sale of 15,000 Class A shares, clarifies the pricing range, and updates Levie’s remaining direct holdings after the trade, including shares tied to restricted stock units.