Berkovitch Eli 4
4 · BOX INC · Filed Apr 8, 2026
Research Summary
AI-generated summary of this filing
Box VP Controller Eli Berkovitch Sells 24,500 Shares
What Happened
Eli Berkovitch, VP, Chief Accounting Officer & Controller of Box, reported selling 24,500 shares on 2026-04-08 in an open-market or private sale (code S). The sales were reported at a weighted average price of $23.85 per share (range $23.825–$23.855), for total proceeds of approximately $584,301. The filing notes that some of the shares sold are represented by restricted stock units (RSUs) that convert to common stock subject to vesting and continued service.
Key Details
- Transaction date: 2026-04-08; sale type: open-market/private sale (S).
- Price: weighted average $23.85; reported range $23.825–$23.855.
- Shares sold: 24,500; proceeds ≈ $584,301.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 = weighted-average price range; issuer can provide per-price breakdown on request. F2 = certain shares were RSUs subject to vesting/continued service.
- Filing timeliness: reported on 2026-04-08 (same day), indicating a timely Form 4 filing.
Context
This was a sale of issued shares (including shares from RSUs), which is a common form of insider liquidity and does not by itself indicate the insider’s view of the company. For retail investors, purchases tend to be more informative about insider conviction; sales can be for many personal or tax reasons. If you want the exact breakdown of how many shares sold at each price within the reported range, the filing notes that the issuer or reporting person will provide that detail to the SEC on request.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-04-08$23.85/sh−24,500$584,301→ 95,516 total
Footnotes (2)
- [F1]This sale price represents the weighted average sale price of the shares sold ranging from $23.825 to $23.855 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.
- [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.