Nottebohm Olivia 4

What Happened Olivia Nottebohm, Chief Operating Officer of Box Inc (BOX), was granted 72,832 shares via an award reported on Mar 11, 2026. The shares were reported as acquired at $0.00 (an award/grant), reflecting a compensation grant rather than an open‑market purchase. The award consists of performance-based restricted stock units (PSUs) and/or restricted stock units (RSUs) that convert to common shares subject to vesting and continued service.

Key Details

• Transaction date: 2026-03-11; reported on Form 4 filed 2026-03-12 (timely filing).
• Amount: 72,832 shares; reported acquisition price $0.00 (award/grant).
• Vesting: Per footnote, one-third vests on Apr 2, 2026; remaining two-thirds vest annually over the next two years, subject to continuous service and achievement of performance criteria.
• Instrument: Award comprises PSUs (performance-based RSUs) and RSUs; each RSU converts to one share when vested.
• Shares owned after transaction: Not specified in the filing.
• Filing status: No late filing indicated.

Context This transaction is a compensation award (A = Award/Grant), not a market purchase or sale. Awards like PSUs/RSUs are common executive compensation and vest over time based on performance and continued employment; they do not by themselves indicate immediate buying or selling intent.