Form 4: Box Inc. CFO Dylan Smith Executes Stock Option, Acquires and Disposes of Shares
SEC Form 4 Filing
Dylan Smith, CFO of Box Inc., exercised stock options and disposed of shares to cover the exercise price, resulting in a net change in beneficial ownership.
Summary
- On December 31, 2024, Dylan Smith, the Chief Financial Officer of Box Inc., executed a transaction involving Class A Common Stock.
- Smith exercised stock options to acquire 120,000 shares at a price of $14.05 per share.
- Simultaneously, Smith disposed of 45,574 shares to cover the exercise price of the options.
- Following these transactions, Smith beneficially owns 1,509,684 shares of Class A Common Stock.
- The exercised stock options were fully vested and exercisable.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of stock option exercise and share disposal |
| 01/02/2025 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.