EVAN DANA L 4
4 · BOX INC · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
Box (BOX) Director Evan L. Dana Receives RSU Award
What Happened Evan L. Dana, a director of Box, was awarded 8,372 restricted stock units (RSUs) on June 25, 2026. The Form 4 reports the grant as an acquisition (code A) at $0.00 per share (total reported value $0), reflecting a compensation award rather than an open-market purchase.
Key Details
- Transaction date: June 25, 2026; Form 4 filed June 29, 2026 (timely filing).
- Security and amount: 8,372 RSUs (each RSU represents the right to one share of Box Class A common stock upon settlement).
- Vesting: 100% of the RSUs vest on the earlier of (i) 12 months from grant (June 25, 2027) or (ii) the date of Box's next annual meeting of stockholders.
- Reported acquisition code: A (award/grant). Reported acquisition value: $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes clarify these are service-based RSUs (contingent on continuous service through vesting).
Context This was a standard outside director compensation award (annual RSU grant). RSU grants are common non-cash compensation for directors and do not represent an immediate cash investment or sale; they convert into shares only upon vesting/settlement. This transaction is informational for shareholders but does not by itself indicate the director is buying or selling stock in the open market.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-06-25+8,372→ 121,897 total
Footnotes (2)
- [F1]Represents an annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs will vest on the earlier of (i) twelve months from date of grant (i.e. June 25, 2027) or (ii) the date of the Issuer's next annual meeting of stockholders.
- [F2]Certain of these shares are represented by 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.