| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BOX | Class A Common Stock | Sale | -$64.7K | -2.11K | -0.49% | $30.76 | 427K | Mar 25, 2025 | Direct | F1, F2 |
| transaction | BOX | Class A Common Stock | Award | $0 | +80.2K | +18.77% | $0.00 | 507K | Mar 25, 2025 | Direct | F2, F3 |
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).
| Id | Content |
|---|---|
| F1 | The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 24, 2024. |
| F2 | 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. |
| F3 | This award represents the achievement of performance criteria under performance-based restricted stock units ("PSUs") granted on April 3, 2024. One-third of these PSUs shall vest on April 2, 2025 and the remaining two-thirds shall vest annually thereafter for the next two years, subject to the Reporting Person's continuous service through each vesting date. |