Form 4: Box CEO Aaron Levie Disposes of Shares in Charitable Contribution

Box Inc. CEO Aaron Levie reported a disposition of 7,900 Class A Common Stock shares through a bona fide charitable contribution to a donor advised fund, as disclosed in a recent SEC Form 4 filing.

Summary

• Aaron Levie, Chief Executive Officer and Director of Box Inc. (BOX), reported a transaction on June 4, 2025.
• The transaction involved the disposition of 7,900 shares of Class A Common Stock.
• The shares were disposed of at a price of $0, indicating no sale occurred.
• This disposition was identified as a bona fide charitable contribution to a donor advised fund.
• Following this transaction, Aaron Levie beneficially owns 2,972,780 shares of Class A Common Stock.
• A portion of the beneficially owned shares are represented by Restricted Stock Units (RSUs), which vest based on service and applicable schedules.

Sentiment

Score: 7

Explanation: The sentiment is positive due to the nature of the transaction being a charitable contribution, reflecting good corporate citizenship. While it reduces direct ownership, it's not a sale and is for a benevolent purpose.

Positives

• The disposition of shares was for a bona fide charitable contribution, reflecting positive corporate citizenship from the CEO.
• No shares were sold by the reporting person, indicating no direct monetization of shares by the CEO in this transaction.

Negatives

• The transaction resulted in a reduction of 7,900 shares from the CEO's direct beneficial ownership.

Management Comments

• "This transaction represents a bona fide charitable contribution to a donor advised fund. No shares were sold by the reporting person."

Industry Context

Insider transactions, including charitable contributions of shares, are common disclosures for executives of publicly traded companies, providing transparency into their holdings and activities.

Stakeholder Impact

• Shareholders: Minor impact due to a small reduction in CEO's direct ownership, but the charitable nature may be viewed positively.
• Charitable Organizations: Direct positive impact through the receipt of the donated shares.

Key Dates

Keywords

SEC Form 4, Insider Transaction, Box Inc., BOX, Aaron Levie, Charitable Contribution, Stock Disposition, CEO, Restricted Stock Units