Form 4: Box COO Olivia Nottebohm Receives 87,500 RSU Grant

Box Inc. Chief Operating Officer Olivia Nottebohm was granted 87,500 restricted stock units as part of a long-term equity incentive plan.

Summary

• Olivia Nottebohm, Chief Operating Officer of Box Inc., acquired 87,500 restricted stock units (RSUs) on April 15, 2026.
• The RSUs were granted at a price of $0.00 per share.
• Following this transaction, the reporting person's total beneficial ownership of Class A Common Stock increased to 574,988 shares.
• The RSUs are subject to a four-year quarterly vesting schedule, contingent upon continuous service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation, which is neutral in terms of immediate market impact.

Positives

• The equity grant aligns the interests of the Chief Operating Officer with long-term shareholder value through a multi-year vesting schedule.

Negatives

• The issuance of additional RSUs results in potential future dilution for existing shareholders.

Risks

• Vesting is subject to the reporting person's continuous service, creating potential retention risk if the executive departs before the four-year period concludes.

Future Outlook

The RSUs will vest quarterly over a four-year period, provided the reporting person maintains continuous service with the company.

Industry Context

StockSavvy.ai notes that equity-based compensation for C-suite executives is standard practice in the SaaS industry to ensure leadership retention and alignment with long-term performance goals.

Comparison to Industry Standards

• The four-year vesting schedule is consistent with standard equity compensation practices for technology companies like Dropbox, DocuSign, and Salesforce.
• The use of RSUs as a primary retention tool is common among mid-to-large cap software firms.

Stakeholder Impact

• Shareholders may experience minor dilution as these RSUs vest and convert into common stock.

Next Steps

• Quarterly vesting of the granted RSUs over the next four years.

Key Dates

Keywords

Box Inc, BOX, Form 4, Insider Transaction, Equity Compensation, Restricted Stock Units, Corporate Governance