Nance Henry 4

What Happened

• Nance Henry, Chief Operating Officer of Boxlight Corp (BOXL), sold 16 shares on 2026-02-24 at $1.65 per share for a total of $26. This sale was a routine, non‑discretionary "sell-to-cover" to satisfy tax withholding on vested RSUs, not an opportunistic open‑market trade.

Key Details

• Transaction date and price: 2026-02-24 at $1.65 per share.
• Amount: 16 shares sold for $26 total.
• Shares owned after transaction: 1,018 shares of Class A common stock plus 257 RSUs that remain subject to vesting conditions.
• Footnotes: Sale was automatic under the issuer’s equity plan to cover tax withholding; exempt under Section 16b-3 and not a discretionary trade.
• Filing timeliness: Report filed 2026-06-11 for a 2026-02-24 transaction (late filing). Late Form 4s do not change the nature of the transaction but can raise regulatory/administrative concerns.

Context

• This was a tax-withholding "sell-to-cover" tied to RSU vesting, which is common and generally not interpreted as a signal about the executive’s view of the company.