Form 4: BOX COO Sells Shares Under Pre-Arranged 10b5-1 Plan
Insider Transaction Report
BOX Inc.'s Chief Operating Officer, Olivia Nottebohm, sold 5,942 shares of Class A Common Stock for $24.1 per share under a pre-arranged 10b5-1 trading plan.
Summary
- Olivia Nottebohm, Chief Operating Officer of BOX Inc., reported a sale of Class A Common Stock.
- The transaction involved the disposition of 5,942 shares.
- The shares were sold at a price of $24.1 per share.
- The sale was executed on March 25, 2026.
- Following this transaction, Olivia Nottebohm beneficially owns 518,842 shares.
- The reported sales were made pursuant to a Rule 10b5-1 trading plan, which was adopted by the Reporting Person on July 9, 2025.
- Certain beneficially owned shares are represented by restricted stock units (RSUs), subject to vesting schedules and continuous service.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine insider transaction under a pre-established plan, which typically carries a neutral sentiment as it's not indicative of new material information regarding the company's performance or outlook.
Industry Context
StockSavvy.ai notes that insider sales executed under Rule 10b5-1 plans are common for executives to manage personal finances and diversify holdings, pre-scheduling transactions to avoid accusations of trading on material non-public information. Such transactions are generally viewed as routine and not indicative of new company-specific developments.
Key Dates
| Date | Description |
|---|---|
| 07/09/2025 | Rule 10b5-1 trading plan adopted by the Reporting Person. |
| 03/25/2026 | Sale of 5,942 shares of Class A Common Stock by Olivia Nottebohm. |
| 03/26/2026 | Form 4 filing date. |
Recommendation
holdThis Form 4 reports a pre-scheduled insider sale under a 10b5-1 plan, which is a routine event for executives managing personal finances and not typically indicative of new material information about the company's prospects. Therefore, it does not warrant a change in investment recommendation based solely on this filing.
Keywords
BOX Inc., BOX, Insider Trading, Form 4, 10b5-1 Plan, Stock Sale, Olivia Nottebohm, Chief Operating Officer, Equity Transaction
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.