Nottebohm Olivia 4
Research Summary
AI-generated summary
BOX COO Olivia Nottebohm Sells 5,834 Shares
What Happened
Olivia Nottebohm, Chief Operating Officer of Box Inc. (BOX), sold 5,834 shares of Box common stock on July 21, 2026 at $30.13 per share, generating proceeds of $175,778. This was a sale (not a purchase); sales are often routine and do not by themselves indicate insider sentiment about the company's prospects.
Key Details
- Transaction date and price: July 21, 2026 — 5,834 shares at $30.13 each. Total proceeds: $175,778.
- Method: Reported as an open market or private sale (Form 4 code "S").
- Filing: Form 4 was filed on July 22, 2026 (timely; within required reporting window).
- Shares owned after transaction: Not reported in the information provided on this filing.
- Footnotes:
- F1: Sale was effected under a Rule 10b5-1 trading plan adopted by Ms. Nottebohm on July 9, 2025.
- F2: Some shares involved are represented by time- and performance-based RSUs (each RSU converts to one share subject to vesting and service conditions).
Context
- A 10b5-1 plan allows scheduled trades made while the insider was not in possession of material nonpublic information; trades under such plans are typically pre-arranged.
- The presence of RSUs noted in the footnotes means part of the position relates to previously granted restricted stock units that convert to shares subject to vesting; that is an administrative/compensation detail rather than an active market-timing decision.