EVAN DANA L 4

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.