BOX COO Olivia Nottebohm Sells 5,942 Shares

What Happened
Olivia Nottebohm, Chief Operating Officer of Box, sold 5,942 shares on March 25, 2026 at $24.10 per share, generating proceeds of $143,202. The transaction is reported as a disposal (sale), not a purchase.

Key Details

• Transaction date: 2026-03-25; Price: $24.10; Shares sold: 5,942; Proceeds: $143,202.
• Transaction type: Sale (reported as "S" — open market or private sale).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote F1: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 9, 2025.
• Footnote F2: Some shares sold are represented by restricted stock units (RSUs); each RSU converts to one share subject to vesting and continued service.
• Filing timeliness: Form 4 filed 2026-03-26 for the 2026-03-25 transaction — appears to be timely.

Context
A 10b5-1 plan is a pre-arranged trading program that lets insiders sell shares on a set schedule or under preset conditions; transactions under such plans are often routine and not necessarily an immediate signal of management’s view on company prospects. RSU-related shares mean some of the sold shares may have originated from awards subject to vesting rules rather than open-market purchases.