SEC Form 3 · accession 0001493152-26-034870
BOXABL Inc. · BXBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin Noe Costas
Officer — Chief Financial Officer
Period of report
Jul 17, 2026
Accepted (ET)
Jul 27, 2026 · 5:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001906364
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.0001 | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1,F2 | — | holding | — | — | — | — | — | Class A Common Stock, par value $0.0001 | 556,613 | — | D |
| Restricted Stock UnitsF5,F4,F2 | — | holding | — | — | — | — | — | Class A Common Stock, par value $0.0001 | 974,073 | — | D |
Explanation of responses
- F1The Restricted Stock Units ("RSUs) were granted October 2, 2023, and become subject to monetization once fully vested and upon the occurrence of a "Qualifying Transaction," defined as the first to occur of (i) a time at which the Company tenders for and successfully acquires the RSUs, (ii) the date of the closing of a transaction (or series of transactions) that results in a "change of control" of the Company; or (iii) the first trading day that is on or after the expiration of the "lock up" period after the effective date of the initial underwritten sale of the Company's equity securities to the public on an established securities market.
- F2If Mr. Costas' employment terminates for any reason prior to a Qualifying Transaction, such termination will result in the immediate cancellation and lapse of the RSUs. In the event of termination for cause after a Qualifying Transaction but prior to payment, he will not be entitled to payment.
- F3Each RSU represents the right to receive, upon vesting, approximately 0.078 of a share of Class A Common Stock of BOXABL Inc. The RSUs will be settled in shares of the Company's Class A Common Stock within fifteen business days after the closing of a Qualifying Transaction.
- F4The Restricted Stock Units ("RSUs) were granted on December 24, 2024, and become subject to monetization once fully vested and upon the occurrence of a Qualifying Transaction.
- F5Each RSU represents the right to receive, upon vesting, approximately 0.078 of a share of Class A Common Stock of BOXABL Inc. The RSUs will be settled in shares of the Company's Class A Common Stock within fifteen business days after the closing of a Qualifying Transaction.