Form 4: BOX CFO Sells 17,000 Shares Under 10b5-1 Plan

BOX Inc.'s Chief Financial Officer, Dylan C. Smith, sold 17,000 shares of Class A Common Stock for approximately $29.57 per share under a pre-arranged trading plan.

Summary

• Dylan C. Smith, Chief Financial Officer of BOX Inc. (BOX), reported a sale of Class A Common Stock.
• The transaction involved the disposition of 17,000 shares.
• The sale occurred on January 9, 2026, at a weighted average price of $29.568 per share.
• The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by Mr. Smith on May 29, 2025.
• Following this transaction, Mr. Smith beneficially owns 1,328,195 shares of Class A Common Stock.
• The sale price ranged from $29.52 to $29.575 per share.
• Some of the beneficially owned shares are represented by restricted stock units (RSUs), subject to vesting and continuous service.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, pre-planned insider stock sale under a 10b5-1 plan, which typically does not signal a change in company fundamentals or management's confidence.

Future Outlook

The filing does not contain any forward-looking statements or guidance, as it reports a historical insider transaction.

Industry Context

This filing reports a routine insider stock transaction and does not provide information directly related to broader industry trends or competitive landscape. Insider sales under Rule 10b5-1 plans are common and typically pre-scheduled, often for diversification or liquidity purposes, rather than reflecting a change in management's outlook on the company's immediate prospects.

Stakeholder Impact

• Shareholders: A routine insider sale under a 10b5-1 plan is generally not considered a significant event for shareholders, as it is pre-scheduled and often for personal financial planning rather than a reflection of company performance or outlook. The impact on share price is typically minimal unless the sale is unusually large or unexpected.

Key Dates

Recommendation

The filing reports a routine, pre-planned insider stock sale by the CFO, which does not indicate a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this transaction. Such sales are common for diversification or liquidity and are typically not price-sensitive.

Keywords

BOX, BOX Inc, Dylan C Smith, CFO, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Equity Transaction