Nottebohm Olivia 4

What Happened

Olivia Nottebohm, Chief Operating Officer of Box, sold 4,612 shares on March 6, 2026. The shares were disposed at $25.78 per share for total proceeds of approximately $118,897. This was a sale (not a purchase) and was effected pursuant to a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: 2026-03-06 — 4,612 shares @ $25.78 each (total ≈ $118,897).
• Report filed: Form 4 filed 2026-03-09 (within the standard SEC filing window — timely).
• Shares owned after transaction: Not reported in this Form 4.
• Footnotes:
  • F1: Sale executed under a Rule 10b5-1 trading plan adopted July 9, 2025.
  • F2: Certain shares sold are represented by restricted stock units (RSUs); each RSU converts to one share subject to vesting and continuous service.
• Transaction type: Sale (open market or private sale as reported).

Context

Sales made under 10b5-1 plans are pre-arranged and commonly used by insiders to sell stock on a set schedule; they are often considered routine and do not necessarily reflect the insider’s view on the company’s near-term prospects. For retail investors, purchases are generally more informative than routine sales, but tracking insider activity can still provide useful context when combined with other data.