Form 4: Box Inc. Director Dana L. Evan Reports Charitable Stock Donation

Director Dana L. Evan of Box Inc. reported a charitable donation of 450 Class A Common Stock shares on December 27, 2024.

Summary

• Dana L. Evan, a director at Box Inc., filed a Form 4 indicating a change in beneficial ownership.
• The transaction involved a donation of 450 shares of Class A Common Stock to a donor-advised fund on December 27, 2024.
• The shares were donated at a price of $0, as it was a charitable contribution.
• Following the transaction, Mr. Evan beneficially owns 105,623 shares of Box Inc. stock, some of which are represented by restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The document is a routine filing related to a charitable donation and does not indicate any positive or negative sentiment towards the company.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The donation of shares to a donor-advised fund is a common practice for executives and directors.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a donation and not a sale of shares.

Key Dates

Keywords

Form 4, Beneficial Ownership, Charitable Donation, Director, Stock Donation, Box Inc, RSUs