Form 4: Box Inc. CFO Dylan C. Smith Reports Stock Transaction
SEC Form 4 Filing
Dylan C. Smith, CFO of Box Inc., reports the withholding of shares to cover income tax obligations related to the settlement of restricted stock units.
Summary
- On June 20, 2024, Dylan C. Smith, the Chief Financial Officer of Box Inc., reported a transaction involving Class A Common Stock.
- A total of 13,251 shares were withheld by Box Inc. to satisfy income tax obligations related to the net settlement of restricted stock units (RSUs).
- The price per share for the transaction was $25.58.
- Following the transaction, Smith beneficially owns 1,539,661 shares, some of which are represented by RSUs.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it is related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/20/2024 | Date of transaction: shares withheld for tax obligations. |
| 06/21/2024 | Date of signature by Attorney-in-Fact. |
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