BOXABL Inc. Insider Trading Disclosure
This filing details Restricted Stock Units (RSUs) granted to Martin Noe Costas, Chief Financial Officer of BOXABL Inc. The RSUs, granted on October 2, 2023, and December 24, 2024, are subject to monetization upon vesting and the occurrence of a "Qualifying Transaction." A Qualifying Transaction is defined as the Company acquiring the RSUs, a change of control, or the expiration of the lock-up period post-initial public offering. If Mr. Costas's employment terminates before a Qualifying Transaction, the RSUs are canceled. Termination for cause after a Qualifying Transaction but before payment also results in forfeiture. Each RSU represents the right to approximately 0.078 shares of Class A Common Stock, to be settled within fifteen business days after a Qualifying Transaction. The filing indicates direct ownership of these RSUs.