Two top C-suite insiders at Box sold a combined ~$613K in open-market sales on June 10, 2026, while the CEO gifted shares at no economic value. The selling cluster is concentrated in time and among senior executives, but the $613K total represents only ~0.017% of Box's $3.7B market cap, well below the 0.1% threshold for materiality. Per the asymmetric insider sales literature, cluster sales are weak predictive signals, and these dollar amounts are routine for a company of Box's size.
Price Chart
Executive Summary
Two top C-suite insiders at Box sold a combined ~$613K in open-market sales on June 10, 2026, while the CEO gifted shares at no economic value. The selling cluster is concentrated in time and among senior executives, but the $613K total represents only ~0.017% of Box's $3.7B market cap, well below the 0.1% threshold for materiality. Per the asymmetric insider sales literature, cluster sales are weak predictive signals, and these dollar amounts are routine for a company of Box's size.
Key Financial Metrics
Key Facts
- CFO Dylan Smith sold 17,000 shares at ~$26.00 for $442K on June 10, 2026.
- COO Olivia Nottebohm sold 6,528 shares at ~$26.17 for $171K on June 10, 2026.
- CEO Aaron Levie gifted 18,520 shares at $0 on June 9, 2026 — a non-cash transaction.
- Total cluster open-market sales of ~$613K represent ~0.017% of Box's $3.7B market cap.
- The cluster spans only 2 business days (June 9-10), with 2 of 3 trades on the same day.
- No recent insider purchases or derivative exercises were filed in the cluster window.
Financial Impact
No material financial impact — open-market selling totals ~0.017% of market cap, far below the 0.1% materiality threshold.
Risk Factors
- Sales by both CFO and COO on the same day could spool into concern if a larger bearish catalyst emerges in a later filing (e.g., weak earnings or guidance).
- Assuming pre-existing 10b5-1 plans without confirmation — actual plans may differ.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BOX-1781138814779 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 21d ago | Insider Cluster | $34.86 $33.61 | ▼ −3.59% | ▼ −3.69% | $34.49 (−1.06%) |
Jul 21, 2026 10w ago | 144 | $28.45 $32.42 | ▲ +13.95% | ▲ +16.36% | $34.49 (+21.23%) |
Jul 10, 2026 12w ago | Insider Cluster | $29.41 $30.48 | ▲ +3.64% | ▲ +4.42% | $34.49 (+17.27%) |
Jun 29, 2026 13w ago | Insider Cluster | $26.54 $28.35 | ▲ +6.82% | ▲ +6.22% | $34.49 (+29.95%) |
Jun 11, 2026 16w ago | Insider Cluster | $25.49 $24.94 | ▼ −2.16% | ▼ −2.59% | $34.49 (+35.31%) |
May 8, 2026 21w ago | Insider Cluster | $25.72 $24.06 | ▼ −6.45% | ▼ −7.92% | $34.49 (+34.10%) |
Apr 8, 2026 25w ago | Insider Cluster | $23.18 $23.81 | ▼ −2.72% | ▲ +0.80% | $34.49 (−48.79%) |
Apr 6, 2026 25w ago | Insider Cluster | $24.17 $22.35 | ▲ +7.53% | ▲ +11.66% | $34.49 (−42.70%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access