Dylan C. Smith - 10 Aug 2023 Form 4 Insider Report for BOX INC (BOX)

Signature
/s/ David Leeb, Attorney-in-Fact
Issuer symbol
BOX
Transactions as of
10 Aug 2023
Net transactions value
-$398,398
Form type
4
Filing time
14 Aug 2023, 17:42:29 UTC
Previous filing
12 Jul 2023
Next filing
13 Sep 2023

Quoteable Key Fact

"Dylan C. Smith filed Form 4 for BOX INC (BOX) on 14 Aug 2023."

Quick Takeaways

  • This page summarizes Dylan C. Smith's Form 4 filing for BOX INC (BOX).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Filing timestamp: 14 Aug 2023, 17:42.

What Changed

  • Previous filing in this sequence was filed on 12 Jul 2023.
  • Current net transaction value: -$398,398.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOX Class A Common Stock Sale $398,398 -13,000 -0.85% $30.65 1,520,165 10 Aug 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 6, 2023.
F2 This sale price represents the weighted average sale price of the shares sold ranging from $30.385 to $30.84 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F3 Certain of these shares are represented by restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person's continuous service through each such date.
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