Nance Henry 4

What Happened
Nance Henry, Chief Operating Officer of Boxlight Corp (BOXL), disposed of 13 shares on 2026-05-25 in an automatic "sell-to-cover" transaction to satisfy tax withholding on vested restricted stock units (RSUs). The shares were sold at $0.89 each for gross proceeds of approximately $11.57 (reported as $12).

Key Details

• Transaction date: 2026-05-25; Sale price: $0.89 per share; Shares sold: 13; Proceeds: ~$12.
• Shares/holdings after transaction: 1,056 shares of Class A common stock beneficially owned and 184 RSUs remaining subject to vesting.
• Transaction type: Sale for tax withholding (code F / sell-to-cover); reported as automatic, routine, non-discretionary and exempt under Rule 16b-3.
• Filing: Form 4 filed 2026-06-11 for the 2026-05-25 transaction (file appears later than the typical 2-business-day SEC reporting window for insiders).

Context
This was not a discretionary market-timing sale — it was an automatic sell-to-cover to meet tax obligations on RSU vesting. Such transactions are common and generally do not indicate the insider's view on the company’s outlook.