Form 4: Box Inc. COO Olivia Nottebohm Reports Stock Disposal for Tax Obligations

Olivia Nottebohm, Chief Operating Officer of Box Inc., disposed of shares to cover income tax obligations related to the settlement of performance-based stock units.

Summary

• On April 2, 2025, Olivia Nottebohm, the Chief Operating Officer of Box Inc., reported a transaction involving Class A Common Stock.
• The transaction involved the disposal of 13,411 shares at a price of $31.32 per share.
• These shares were withheld by Box Inc. to satisfy income tax obligations related to the net settlement of performance-based stock units (PSUs).
• Following the transaction, Nottebohm directly owns 493,877 shares, some of which are represented by restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals by executives.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Disposal, Olivia Nottebohm, BOX, Box Inc., COO, Tax Obligations, PSUs, RSUs