Tiramani Paolo sold BOX
October 15, 2025 · Form 4 insider transaction
Tiramani Paolo sold 12,500,000 shares of Box, Inc. at $0.80 per share, a transaction worth $10.00M. The trade was recorded as gift and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Each share of Series A-2 Preferred Stock automatically converts into the Company's Common Stock on a one-for-one basis upon the closing of the sale of the Company's Common Stock to the public in a firm commitment underwritten public offering that meets certain criteria or an offering of the Company's Common Stock in reliance on Regulation A of the Securities Act of 1933, as amended.; Shares were gifted to Trust for the National Mall, without consideration, by the Dechomai Asset Trust, in which Mr. Tiramani is deemed to have voting and investment power in the shares held by Dechomai Asset Trust. The price of the Company's Series A-2 Preferred stock based on the per share offering price in the Company's most recent offering under Regulation A was valued at $10,000,000 or $0.80 per share.; Shares of Series A-2 Preferred Stock owned directly by Dechomai Asset Trust. The reporting person is deemed to have voting and investment power of the shares held by Dechomai Asset Trust.