BOX INC·4

Apr 6, 5:15 PM ET

Nottebohm Olivia 4

4 · BOX INC · Filed Apr 6, 2026

Research Summary

AI-generated summary of this filing

Updated

BOX COO Olivia Nottebohm Withholds 24,826 Shares for Taxes

What Happened

  • Olivia Nottebohm, Chief Operating Officer of Box, had 24,826 shares withheld by the company on 2026-04-02 to satisfy tax withholding obligations related to a net settlement of performance‑ and time‑based equity. The shares were valued at $23.67 each, totaling approximately $587,631.
  • This transaction is a tax withholding/net settlement (Form 4 code F) and, per the filing, does not represent an open‑market sale by the reporting person.

Key Details

  • Transaction date and price: 2026-04-02, 24,826 shares @ $23.67 (total ~$587,631).
  • Filing date: 2026-04-06 — filed within the typical two business‑day window for Form 4 filings.
  • Shares owned after transaction: Not reported in the provided filing excerpt.
  • Footnotes:
    • F1: Shares were withheld by the issuer to satisfy income tax and withholding obligations in connection with net settlement of performance‑based stock units and do not represent a sale by the reporting person.
    • F2: Some shares relate to time‑based and performance‑based RSUs, each representing a right to receive one share subject to vesting and continued service.

Context

  • This was a tax withholding / net settlement of equity awards (not a market sale). Such withholdings are routine when restricted stock units or performance awards vest and generally do not signal insider intent to sell additional shares.

Insider Transaction Report

Form 4
Period: 2026-04-02
Nottebohm Olivia
Chief Operating Officer
Transactions
  • Tax Payment

    Class A Common Stock

    [F1][F2]
    2026-04-02$23.67/sh24,826$587,631494,016 total
Footnotes (2)
  • [F1]Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of performance-based stock units and does not represent a sale by the Reporting Person.
  • [F2]Certain of these shares are represented by time-based and performance-based restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person's continuous service through each such date.
Signature
/s/ David Leeb, Attorney-in-Fact|2026-04-06

Documents

1 file
  • 4
    ownership.xmlPrimary

    4