Box COO Olivia Nottebohm Receives 87,500-Share RSU Award

What Happened Olivia Nottebohm, Chief Operating Officer of Box, was granted 87,500 restricted stock units (RSUs) on April 15, 2026. The Form 4 reports an acquisition (code A) of 87,500 shares at $0.00 (no cash paid at grant). This is an award/compensation grant, not a market purchase or sale.

Key Details

• Transaction date: 2026-04-15; Filing date (Form 4): 2026-04-17 (appears timely).
• Shares granted: 87,500 RSUs; reported acquisition price: $0.00; reported cash value at grant: $0.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes:
  • F1: These RSUs vest quarterly over four years, subject to continuous service through each vesting date.
  • F2: Some RSUs are time-based and some are performance-based; each RSU converts to one share upon vesting if conditions are met.
• No tax-withholding, sale-to-cover, or immediate sale noted in the provided filing.

Context RSU grants are compensation and typically vest over time (or upon meeting performance targets); they do not represent an immediate cash outlay or immediate sale. For retail investors, awards signal company compensation decisions but do not by themselves indicate insider buying or selling intent.