Form 4: Box Inc. CFO Sells 13,000 Shares Under Pre-Arranged Trading Plan

Box Inc.'s Chief Financial Officer, Dylan C. Smith, sold 13,000 shares of Class A Common Stock for approximately $483,938 under a Rule 10b5-1 trading plan.

Summary

• Dylan C. Smith, the Chief Financial Officer of Box Inc. (BOX), reported the sale of 13,000 shares of the company's Class A Common Stock.
• The transaction took place on June 10, 2025, at a weighted average sale price of $37.226 per share, resulting in a total value of approximately $483,938.
• The sale was executed pursuant to a Rule 10b5-1 trading plan, which Mr. Smith adopted on April 2, 2024.
• Following this transaction, Mr. Smith's beneficial ownership in Box Inc. stands at 1,507,550 shares, which includes shares represented by restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: Neutral. A Form 4 reporting a pre-scheduled sale under a 10b5-1 plan is a routine disclosure and typically does not indicate a strong positive or negative sentiment regarding the company's prospects. It's a planned liquidity event for the insider.

Stakeholder Impact

• Shareholders: May observe a slight increase in shares available on the market due to the sale, but the impact is generally minimal given the pre-planned nature of the transaction.

Key Dates

Keywords

Box Inc., BOX, Form 4, Insider Trading, Dylan C. Smith, Chief Financial Officer, Stock Sale, 10b5-1 Plan, Equity Transaction