Box (NYSE: BOX) accounting chief sells 6,300 shares in market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOX INC executive Eli Berkovitch, the VP Chief Accounting Officer & Controller, reported an open-market sale of 6,300 shares of Class A Common Stock at $25.355 per share. After this transaction, Berkovitch directly holds 115,679 shares, some of which are represented by restricted stock units subject to vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,300 shares ($159,737)
Net Sell
1 txn
Insider
Berkovitch Eli
Role
VP Chief Acct Ofr & Controller
Sold
6,300 shs ($160K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,300 | $25.355 | $160K |
Holdings After Transaction:
Class A Common Stock — 115,679 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 6,300 shares
Sale price per share: $25.355 per share
Shares owned after sale: 115,679 shares
3 metrics
Shares sold
6,300 shares
Class A Common Stock sold in open-market transaction
Sale price per share
$25.355 per share
Price for BOX Class A Common Stock transaction
Shares owned after sale
115,679 shares
Direct holdings following the reported transaction
Key Terms
Class A Common Stock, open-market sale, restricted stock units ("RSUs")
3 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
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.
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.
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.
FAQ
What insider transaction did BOX (BOX) disclose in this Form 4?
BOX INC reported an insider sale of shares. Executive Eli Berkovitch sold 6,300 shares of Class A Common Stock in an open-market transaction at $25.355 per share, as disclosed in the Form 4 filing.
Does the BOX (BOX) Form 4 mention restricted stock units (RSUs)?
Yes, the filing references restricted stock units. A footnote states that certain reported shares are represented by RSUs, each giving the right to receive one share of common stock, subject to vesting and continuous service conditions.