Nottebohm Olivia 4

What Happened
Olivia Nottebohm, Chief Operating Officer of Box, was granted 4,343 restricted stock units (RSUs) on 2026-04-22 (transaction code A). Those RSUs were deemed 100% vested immediately upon grant. To satisfy tax withholding obligations related to the net settlement of the award, 2,180 shares were withheld at $24.33 per share (transaction code F), representing approximately $53,039. The withholding is a company action to cover taxes and does not represent a sale by the reporting person.

Key Details

• Transaction date: 2026-04-22; Form 4 filed 2026-04-23 (timely).
• Award: 4,343 RSUs granted at $0.00 (typical for RSU grants).
• Withholding: 2,180 shares withheld at $24.33/share for tax obligations — ~$53,039.
• Shares owned after the transactions: not disclosed in the provided filing excerpt.
• Relevant footnotes: F1 (RSUs granted as FY2026 executive bonus and 100% vested), F2 (some RSUs are time- and performance-based), F3 (withheld shares satisfy tax withholding; not a sale).

Context
This was an award (grant of RSUs) with immediate vesting and an internal net-settlement to cover taxes. Net share withholding is routine for RSU settlements and should not be interpreted as an open-market sale. No late filing issues were indicated in the reported Form 4.