Form 4: Box Inc. VP Chief Acct Ofr & Controller, Eli Berkovitch, Reports Sale of 2,500 Shares
SEC Form 4 Filing
Eli Berkovitch, VP Chief Acct Ofr & Controller of Box Inc., sold 2,500 shares of Class A Common Stock at $25.25 per share on July 9, 2024.
Summary
- On July 9, 2024, Eli Berkovitch, VP Chief Acct Ofr & Controller of Box Inc., sold 2,500 shares of Class A Common Stock.
- The sale price was $25.25 per share.
- Following the transaction, Berkovitch directly owns 147,232 shares of Class A Common Stock, some of which are represented by restricted stock units (RSUs).
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. These filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The sale of shares by a company officer could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily reflect a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 07/09/2024 | Date of transaction: Sale of 2,500 shares of Class A Common Stock. |
| 07/11/2024 | Date of signature on the Form 4 filing. |
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