Mayer Bethany 4

What Happened
Bethany Mayer, a director of Box, Inc. (BOX), was granted 12,266 restricted stock units (RSUs) on June 25, 2026 and sold a total of 4,060 shares in open‑market transactions on June 26, 2026. The two sales totaled approximately $105,561 (1,325 shares at $25.78 = $34,156; 2,735 shares at $26.11 = $71,405). The RSUs are a grant (no cash paid) and represent contingent rights to receive one share per RSU upon settlement.

Key Details

• Grant date: 2026-06-25 — 12,266 RSUs awarded under the Issuer's Outside Director Compensation Policy (100% vest on earlier of 12 months from grant or next annual meeting).
• Sales date: 2026-06-26 — 1,325 shares disposed at $25.78; 2,735 shares disposed at $26.11. Combined proceeds ≈ $105,561. (Footnotes report weighted‑average price ranges for the sales.)
• Sales executed pursuant to a Rule 10b5‑1 trading plan adopted by Mayer on Sept 22, 2025.
• Some shares are held of record by The Jantzen/Mayer Family 2002 Trust (Bethany Mayer and Dale Jantzen, Trustees). Several reported shares are represented by RSUs subject to vesting.
• Filing date: 2026-06-29, reporting transactions for the period ending 2026-06-25. The Form 4 shows these transactions; the filing lists dates and footnotes but does not state the total shares owned after the transactions in the provided excerpt.

Context

• The 12,266 RSUs are restricted and will convert to shares only upon vesting (no immediate market purchase). Director RSU grants are a common form of non‑cash compensation.
• The sales were made under a prearranged 10b5‑1 plan, which is typically used to systematically sell shares and does not necessarily reflect the insider’s current view on the stock.
• For retail investors, awards (RSUs) are routine compensation; purchases generally carry more signal than routine sales. This filing documents both a routine director award and preplanned sales that generated roughly $105.6K in proceeds.