Nance Henry 4

What Happened Nance Henry, Chief Operating Officer of Boxlight Corp (BOXL), sold 11 shares of Class A common stock on 2025-11-25 at $5.10 per share, generating $56. The sale was a routine "sell-to-cover" tied to the vesting of RSUs and was non‑discretionary.

Key Details

• Transaction date and price: 2025-11-25 — 11 shares sold at $5.10 each (total $56).
• Shares/holdings after transaction: beneficially owns 1,008 shares of Class A common stock and holds 283 RSUs that remain subject to vesting.
• Footnotes: The sale represents the number of shares sold automatically to satisfy tax withholding on vested RSUs; these sell-to-cover transactions are routine, mandatory under the issuer’s equity plan and exempt under Section 16b-3.
• Filing timeliness: Report filed 2026-06-11 for a 2025-11-25 transaction (late filing); late reports reduce real-time transparency but do not change the nature of the disclosed transaction.

Context Sell-to-cover transactions are standard when restricted stock units vest: the company sells a small number of shares to cover the recipient’s tax withholding and delivers the net shares to the insider. This tiny, automatic sale (11 shares, $56) is administrative and not a directional signal about the COO’s view of the company.