BOX INC·4

Apr 8, 8:15 PM ET

Berkovitch Eli 4

Research Summary

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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.