Research Summary
AI-generated summary of this SEC filing
Box (BOX) COO Olivia Nottebohm Sells 5,834 Shares
What Happened
- Olivia Nottebohm, Chief Operating Officer of Box, sold 5,834 shares of Box common stock on August 7, 2026. The reported weighted average sale price was $32.31, totaling approximately $188,508. The filing lists the transaction as a sale (S) executed in the open market or private sale.
Key Details
- Transaction date: August 7, 2026.
- Reported price: weighted average $32.31 per share (footnote reports the range $31.865–$32.535).
- Total proceeds: ~$188,508.
- Sale executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 9, 2025 (footnote F1).
- Some of the shares sold were represented by time‑based and performance‑based RSUs (each RSU converts to one share upon vesting) (footnote F3).
- The filing notes the weighted‑price range and offers to provide the number of shares sold at each price upon request (footnote F2).
- Shares owned after the transaction: not specified in the provided Form 4.
- Filing timeliness: no late filing flagged in the provided record.
Context
- The sale was made under a preplanned Rule 10b5-1 program, which allows insiders to sell shares according to a preset plan. This is a factual disclosure of a sale, not an indication of the insider's private view of the company.