Form 4: BOX COO's Stock Transaction for Tax Obligations
Insider Transaction Report
BOX Inc.'s Chief Operating Officer, Olivia Nottebohm, had 18,584 shares of Class A Common Stock withheld by the company to cover tax obligations related to restricted stock unit settlement.
Summary
- Olivia Nottebohm, Chief Operating Officer of BOX INC, reported a transaction involving Class A Common Stock.
- On December 20, 2025, 18,584 shares were disposed of by the Issuer at a price of $30.44 per share.
- This disposition represents shares withheld by BOX INC to satisfy income tax and withholding obligations in connection with the net settlement of restricted stock units (RSUs).
- This transaction does not represent a discretionary sale by Olivia Nottebohm.
- Following this transaction, Olivia Nottebohm beneficially owns 479,055 shares of Class A Common Stock, including those represented by RSUs subject to vesting schedules and continuous service.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction for tax withholding purposes related to RSU vesting. This type of transaction is administrative and does not reflect a change in management's sentiment or the company's operational performance, thus indicating a neutral sentiment.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This is a routine insider transaction filing (Form 4) related to executive compensation and tax obligations, which is common across all publicly traded companies when restricted stock units vest. It does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and not a discretionary sale by an insider. It provides transparency into executive compensation practices.
- Employees: No direct impact beyond the reporting person, as it relates to individual equity compensation.
Key Dates
| Date | Description |
|---|---|
| 12/20/2025 | Date of transaction (disposition of shares for tax withholding). |
| 12/22/2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
BOX, BOX INC, Form 4, insider transaction, stock, RSU, tax withholding, Olivia Nottebohm, Chief Operating Officer
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