Smith Dylan C 4

What Happened
Dylan C. Smith, Chief Financial Officer of Box, sold 17,000 shares of Box common stock in an open-market transaction on February 10, 2026. The weighted average sale price was $24.75 per share (range $24.59–$24.91), for total proceeds of approximately $420,682. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: February 10, 2026; Form 4 filed February 11, 2026 (timely filing).
• Sale amount: 17,000 shares; weighted average price $24.75; price range $24.59–$24.91.
• Proceeds: ≈ $420,682.
• Plan/notes: Executed pursuant to a Rule 10b5-1 trading plan adopted May 29, 2025 (prearranged trading).
• Share type: Certain shares sold were represented by restricted stock units (RSUs) that convert to common stock upon vesting.
• Per-share breakdown: The filing gives a weighted average and range; the reporting person will provide the exact number sold at each price if requested by the SEC or a holder.
• Shares owned after transaction: Not specified in the provided filing details.

Context
Sales under Rule 10b5-1 plans are prearranged and common for insiders managing planned liquidity or tax obligations; they do not necessarily indicate a change in view on the company. For retail investors, purchases typically carry clearer bullish signals than routine, preplanned sales like this one.