secwatch.observer — SEC 8-K summary
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Issuer:     BOX INC (BOX)
CIK:        0001372612
Form:       8-K
Filed at:   2021-07-06T23:59:59+00:00
Accession:  0001387131-21-007173
Event type: other
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Box files preliminary proxy, adopts majority voting for directors, addresses Starboard engagement
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- Board changed director election to majority voting (plurality carve-out for contested elections).
- Eliminated supermajority voting requirements to amend Bylaws; similar charter change subject to shareholder approval.
- Starboard demanded sale at $17-22/share; Box highlights over 45 meetings in two years.
- Starboard offered participation in KKR-led investment but insisted on Peter Feld board seat.
- Box reiterates strong financial position and commitment to stockholder value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1372612/000138713121007173/0001387131-21-007173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1372612/000138713121007173/box-8k_070621.htm
  HTML page:      https://secwatch.observer/filing/0001387131-21-007173

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer