Form 4: Box COO Olivia Nottebohm Sells Shares via 10b5-1 Plan

Box Inc. Chief Operating Officer Olivia Nottebohm sold 12,470 shares of Class A Common Stock under a pre-arranged trading plan.

Summary

• Olivia Nottebohm, Chief Operating Officer of Box Inc., sold 12,470 shares of Class A Common Stock.
• The transaction occurred on May 8, 2026, at a weighted average price of $25.171 per share.
• The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on July 9, 2025.
• Following the transaction, the reporting person retains beneficial ownership of 558,739 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and represents a small portion of the executive's total holdings.

Positives

• The sale was conducted under a pre-established Rule 10b5-1 trading plan, which is a standard mechanism for executives to sell shares without triggering insider trading concerns.

Negatives

• The transaction represents a reduction in the direct equity stake held by a key member of the executive leadership team.

Risks

• Continued reliance on Rule 10b5-1 plans for liquidity may signal executive sentiment regarding future stock price appreciation.

Future Outlook

No specific forward-looking guidance regarding company performance was provided in this filing.

Management Comments

• The filing notes that the sale was executed pursuant to a Rule 10b5-1 trading plan adopted on July 9, 2025.

Industry Context

StockSavvy.ai notes that executive stock sales via 10b5-1 plans are routine corporate governance events and generally do not reflect a change in operational strategy or outlook for cloud content management companies like Box.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for executives at major technology firms (e.g., Salesforce, Dropbox) to manage personal equity holdings while maintaining regulatory compliance.

Stakeholder Impact

• Minimal impact on shareholders as the sale was pre-planned and executed through a transparent regulatory mechanism.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Box Inc, BOX, Insider Trading, Form 4, Olivia Nottebohm, COO, Equity Sale