Form 4: Box COO Sells Shares Under Pre-Arranged Plan
Insider Transaction
Box Inc.'s Chief Operating Officer, Olivia Nottebohm, sold 4,612 shares of Class A Common Stock for $33.09 per share under a pre-arranged 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 4,612 shares.
- The shares were sold at a price of $33.09 per share.
- The total value of the shares sold was approximately $152,500.68 (4,612 shares * $33.09/share).
- Following this transaction, Olivia Nottebohm beneficially owns 502,251 shares of Class A Common Stock.
- The sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted 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: The filing reports a routine insider transaction under a pre-arranged 10b5-1 trading plan, which is generally considered neutral in terms of market sentiment as it does not typically reflect new discretionary insight into the company's immediate prospects.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This filing reports a routine insider transaction and does not provide information directly related to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: The sale represents a minor reduction in the Chief Operating Officer's direct holdings, but the pre-planned nature mitigates concerns about discretionary selling.
Key Dates
| Date | Description |
|---|---|
| 07/09/2025 | Date Rule 10b5-1 trading plan was adopted by the Reporting Person. |
| 10/21/2025 | Date of transaction for the sale of Class A Common Stock. |
| 10/22/2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
Box Inc., BOX, Olivia Nottebohm, COO, Insider Trading, Form 4, 10b5-1 Plan, Stock Sale, Class A Common Stock
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