Nottebohm Olivia 4

What Happened

• Olivia Nottebohm, Chief Operating Officer of Box, reported a sale of 6,528 shares of BOX common stock on April 7, 2026. The shares were sold at $24.07 per share for total proceeds of $157,129. This was a sale (not a purchase); such sales are often routine insider liquidity events rather than a direct bullish signal.

Key Details

• Transaction date and price: April 7, 2026 — 6,528 shares @ $24.07 each (total $157,129).
• Filing date / accession: Form 4 filed April 8, 2026 (Accession 0001193125-26-148538). This filing appears timely (filed the business day after the trade).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes of note:
  • F1: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted July 9, 2025 (pre-arranged trading plan).
  • F2: Certain of the reported shares are represented by time-based and performance-based RSUs (each RSU represents a right to receive one share subject to vesting and continued service).
• Transaction type code: S = Sale (open market or private sale as reported).

Context

• The trade was executed under a 10b5-1 plan, which means it was pre-scheduled and typically shields the insider from allegations of trading on nonpublic information; it does not necessarily reflect a change in the insider’s view of the company.
• Sales provide liquidity to insiders and are common; retail investors often view purchases as a stronger signal of confidence than routine sales.