STOCK TITAN

BOX (BOX) VP Chief Accounting Officer receives 22,500 RSU share grant

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

Rhea-AI Filing Summary

BOX INC executive Eli Berkovitch, VP Chief Accounting Officer & Controller, received an equity award of 22,500 shares of Class A Common Stock in the form of Restricted Stock Units. These RSUs vest quarterly over four years, contingent on his continued service with the company.

Following this grant, Berkovitch directly holds 118,016 shares of BOX Class A Common Stock, with certain shares represented by RSUs. Each RSU converts into one share of common stock as it vests, providing ongoing equity-based compensation over the multi‑year vesting period.

Positive

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Insider Berkovitch Eli
Role VP Chief Acct Ofr & Controller
Type Security Shares Price Value
Grant/Award Class A Common Stock 22,500 $0.00 --
Holdings After Transaction: Class A Common Stock — 118,016 shares (Direct)
Footnotes (1)
  1. Represents Restricted Stock Units ("RSUs") that shall vest quarterly over four years, subject to the Reporting Person's continuous service through each vesting date. Certain of these shares are represented by 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.
RSU grant size 22,500 shares Class A Common Stock RSUs granted to Eli Berkovitch
Grant price per share $0.0000 per share Reported transaction price for RSU grant
Post-grant holdings 118,016 shares Total Class A Common Stock held directly after transaction
Vesting period 4 years RSUs vest quarterly over four years with continuous service
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") that shall vest quarterly over four years"
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.
vest quarterly over four years financial
"RSUs that shall vest quarterly over four years, subject to the Reporting Person's continuous service"
continuous service financial
"subject to the Reporting Person's continuous service through each vesting date"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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.
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*
Berkovitch Eli

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP Chief Acct Ofr & Controller
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
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 Stock04/15/2026A22,500(1)A$0118,016(2)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
Explanation of Responses:
1. Represents Restricted Stock Units ("RSUs") that shall vest quarterly over four years, subject to the Reporting Person's continuous service through each vesting date.
2. Certain of these shares are represented by 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.
/s/ David Leeb, Attorney-in-Fact04/17/2026
** 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 transaction did BOX (BOX) report for Eli Berkovitch?

BOX reported that executive Eli Berkovitch received a grant of 22,500 shares of Class A Common Stock as Restricted Stock Units. The award is classified as a grant or other acquisition and increases his direct equity-based compensation stake in the company.

How many BOX (BOX) shares does Eli Berkovitch hold after this Form 4?

After the reported grant, Eli Berkovitch directly holds 118,016 shares of BOX Class A Common Stock. Certain shares are represented by RSUs, each giving him the right to receive one common share as vesting conditions and continuous service requirements are satisfied over time.

What are the vesting terms of Eli Berkovitch’s RSU grant at BOX (BOX)?

The 22,500 RSUs granted to Eli Berkovitch vest quarterly over four years. Vesting occurs only if he remains in continuous service through each vesting date, aligning his compensation with longer-term employment and performance at BOX INC over the vesting schedule.

How do the RSUs in this BOX (BOX) filing convert into common stock?

Each Restricted Stock Unit in this filing represents the right to receive one share of BOX Class A Common Stock. Conversion happens according to the applicable vesting schedule, and requires Eli Berkovitch’s continuous service through each vesting date before shares are delivered.

Is Eli Berkovitch’s BOX (BOX) transaction a market purchase or sale?

The transaction is reported with code “A,” meaning a grant, award, or other acquisition, not an open-market trade. The 22,500 shares are awarded as RSUs at a reported price of $0.0000 per share, reflecting equity compensation rather than a cash market transaction.