Nottebohm Olivia 4
4 · BOX INC · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
Box COO Olivia Nottebohm Sells 5,942 Shares
What Happened
Olivia Nottebohm, Chief Operating Officer of Box, reported a sale of 5,942 shares on May 1, 2026 at $25.00 per share, generating proceeds of $148,550. The filing lists the transaction as an open-market or private sale (code S). Sales are typically routine and do not necessarily signal a change in insider sentiment.
Key Details
- Transaction date and price: May 1, 2026 — 5,942 shares at $25.00 each.
- Reported proceeds: $148,550.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F1 — The sales were effected under a Rule 10b5-1 trading plan adopted July 9, 2025.
- F2 — Some of the reported shares are represented by time-based and performance-based RSUs, each convertible to one share upon vesting and continued service.
- Filing timeliness: Reported on May 4, 2026; this appears to be filed within the required Form 4 timeframe (not marked late).
Context
The sale was executed under a pre-established 10b5-1 plan, which is commonly used by insiders to sell shares according to a preset schedule and can reduce questions about timing. The presence of RSU-related footnotes indicates some holdings are awards that vest over time; RSUs are not immediate cash or shares until vesting conditions are met.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-05-01$25.00/sh−5,942$148,550→ 571,209 total
Footnotes (2)
- [F1]The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 9, 2025.
- [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.