Dylan C. Smith, Chief Financial Officer of Box Inc (NASDAQ:BOX), filed a Form 4 on September 11, 2026, reporting the sale of 17,000 shares of Class A Common Stock on September 10, 2026, pursuant to a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Shares Sold: Dylan C. Smith disposed of 17,000 shares of Class A Common Stock on September 10, 2026.
  • Weighted Average Price: The shares were sold at a weighted average price of $34.522, with individual sale prices ranging from $33.92 to $34.80 per share.
  • 10b5-1 Plan: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Smith on June 4, 2026.
  • Remaining Ownership: Following the transaction, Smith beneficially owned 1,320,075 shares of Class A Common Stock directly.
  • RSU Component: Certain of the shares in the post-transaction beneficial ownership count are represented by time-based and performance-based restricted stock units, each representing the right to receive one share of Common Stock subject to applicable vesting and continuous service conditions.

Box Inc CFO Reports Open-Market Share Sale Under Pre-Planned Trading Program

According to the Form 4 filed with the SEC on September 11, 2026, Dylan C. Smith, Chief Financial Officer of Box Inc, sold 17,000 shares of Class A Common Stock on September 10, 2026. The transaction was coded "S," indicating an open-market sale. The filing discloses that the sales were carried out under a Rule 10b5-1 trading plan that Smith adopted on June 4, 2026. The box is checked on the form indicating the transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

The filing states that the reported weighted average sale price was $34.522 per share, with individual transactions occurring in a range from $33.92 to $34.80 per share. According to the filing, full information regarding the number of shares sold at each separate price within that range is available upon request from the Commission staff, the issuer, or a security holder of the issuer. The form was signed by David Leeb as Attorney-in-Fact on September 11, 2026.

Following the reported sale, Smith's direct beneficial ownership stands at 1,320,075 shares of Class A Common Stock, according to the filing. The filing notes that certain of those shares are represented by time-based and performance-based restricted stock units, with each RSU representing the right to receive one share of Common Stock subject to the applicable vesting schedule and Smith's continuous service through each relevant vesting date.

What Was Disclosed

Box Inc CFO Dylan C. Smith reported the sale of 17,000 shares of Class A Common Stock at a weighted average price of $34.522 on September 10, 2026, under a Rule 10b5-1 plan adopted June 4, 2026, leaving him with direct beneficial ownership of 1,320,075 shares.