Form 4: Box Inc. COO Olivia Nottebohm Reports Routine Tax Withholding on RSU Vesting

Box Inc.'s Chief Operating Officer, Olivia Nottebohm, reported the withholding of 18,583 shares of Class A Common Stock valued at $35.02 per share to cover tax obligations related to the vesting of restricted stock units.

Summary

• Olivia Nottebohm, Chief Operating Officer of Box Inc. (BOX), filed a Form 4 reporting a transaction on June 20, 2025.
• The transaction involved the disposition of 18,583 shares of Class A Common Stock.
• These shares were withheld by Box Inc. to satisfy income tax and withholding obligations associated with the net settlement of restricted stock units (RSUs), and do not represent a sale by Ms. Nottebohm.
• The price per share for the withheld shares was $35.02.
• Following this transaction, Ms. Nottebohm beneficially owns 536,099 shares of Class A Common Stock, some of which are represented by RSUs subject to vesting schedules and continuous service.

Sentiment

Score: 5

Explanation: The document reports a routine, non-discretionary transaction (tax withholding on RSU vesting) by an insider. This type of filing is neutral in sentiment as it reflects a standard compensation event rather than a discretionary sale or purchase, and thus has no inherent positive or negative implications for the company's performance or outlook.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine insider transaction report (Form 4) detailing the tax withholding associated with the vesting of equity compensation. Such transactions are common across all industries, particularly in technology companies like Box Inc. that frequently use Restricted Stock Units (RSUs) as part of their executive compensation packages. It does not provide 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 market sale by the executive.
• Employees: No direct impact beyond the executive involved, though it reflects standard equity compensation practices.

Key Dates

Keywords

Box Inc., BOX, Olivia Nottebohm, Chief Operating Officer, Form 4, Insider Transaction, Restricted Stock Units, RSU, Tax Withholding, Equity Compensation, Beneficial Ownership