Boxlight COO Henry Nance sells $5 of class A common stock
On August 25, 2026, Boxlight Corp's Chief Operating Officer Henry Nance sold a single share of the company's Class A common stock for $5.47, totaling $5. This transaction was an automatic, non-discretionary action mandated by the company's equity incentive plan to cover tax withholding obligations related to the vesting of restricted stock units held by Nance.
The stock, currently trading at $4.79, has seen a significant decline of 95% over the past year, indicating challenges for the education technology firm. Following the sale, Nance remains the beneficial owner of 1,018 shares of Class A common stock and 257 restricted stock units, both of which are subject to specific vesting conditions.
InvestingPro analysis indicates the stock is currently undervalued, and subscribers can access 12 additional ProTips for further insights, including information on the company's cash burn rate and debt burden.
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