Berkovitch Eli 4

What Happened
Eli Berkovitch, VP, Chief Accounting Officer & Controller of Box, was granted 22,500 restricted stock units (RSUs) on 2026-04-15. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (total reported consideration $0), reflecting a compensation grant rather than a cash purchase.

Key Details

• Transaction date and price: 2026-04-15; 22,500 RSUs; reported price $0.00.
• Transaction type: Grant/Award (Form 4 code A).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: F1 — RSUs shall vest quarterly over four years, subject to continuous service; F2 — each RSU represents the right to one share of common stock subject to the applicable vesting schedule.
• Filing timeliness: Form filed 2026-04-17 (filed two business days after the transaction — appears timely).

Context
RSUs are a common form of equity compensation; they do not involve an immediate cash outlay or sale of shares and only convert to actual shares if and when they vest. Grants like this are routine executive/employee compensation and do not, by themselves, signal buying or selling intent in the open market.