Form 4: BOX COO's Tax Withholding on RSU Vesting
Insider Transaction Report
BOX Chief Operating Officer Olivia Nottebohm reported the withholding of 13,267 shares of Class A Common Stock for tax obligations related to restricted stock unit vesting.
Summary
- Olivia Nottebohm, Chief Operating Officer of BOX INC, reported a transaction on March 20, 2026.
- The transaction involved the disposition of 13,267 shares of Class A Common Stock at a price of $23.86 per share.
- This disposition was not a sale by the reporting person but represents shares withheld by BOX INC to satisfy income tax and withholding obligations in connection with the net settlement of restricted stock units (RSUs).
- Following this transaction, Olivia Nottebohm beneficially owns 524,784 shares of Class A Common Stock.
- Certain beneficially owned shares are represented by RSUs, with each RSU entitling the reporting person to one share of Common Stock subject to vesting schedules and continuous service.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction for tax purposes related to executive compensation, rather than a discretionary sale or a significant corporate development.
Future Outlook
No forward-looking statements or guidance were provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings detailing tax withholdings on RSU vesting are routine events for executives of publicly traded companies and do not typically reflect discretionary trading activity or broader industry trends.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine tax-related transaction and not a discretionary sale by an insider.
Key Dates
| Date | Description |
|---|---|
| 03/20/2026 | Date of transaction (disposition of shares for tax withholding). |
| 03/23/2026 | Date the Form 4 was signed by David Leeb, Attorney-in-Fact. |
Keywords
BOX INC, BOX, Olivia Nottebohm, Chief Operating Officer, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Equity Compensation
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