BOX BOX INC

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q3 2025: $30M, Q2 2025: $107M, Q1 2025: $32M, Q3 2024: $51M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $30M vs trailing avg $63M (-53%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Buyback $220M / FCF $203M = 108% of FCF

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Missing shares repurchased or outstanding data

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $3M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 12850950.8x more than bought. 4 C-suite officers among sellers

• Nottebohm Olivia (Chief Operating Officer) sold 5,942 shares on 2026-05-01
• Smith Dylan C (Chief Financial Officer) sold 10,280 shares on 2026-04-10
• Berkovitch Eli (VP Chief Acct Ofr & Controller) sold 24,500 shares on 2026-04-08
• Nottebohm Olivia (Chief Operating Officer) sold 6,528 shares on 2026-04-07
• Nottebohm Olivia (Chief Operating Officer) sold 5,942 shares on 2026-03-25
• Smith Dylan C (Chief Financial Officer) sold 17,000 shares on 2026-03-10
• Levie Aaron (Chief Executive Officer) sold 15,000 shares on 2026-03-10
• Nottebohm Olivia (Chief Operating Officer) sold 4,612 shares on 2026-03-06
• Smith Dylan C (Chief Financial Officer) sold 17,000 shares on 2026-02-10
• Nottebohm Olivia (Chief Operating Officer) sold 4,612 shares on 2026-01-21