Form 4: Box Inc. COO Olivia Nottebohm Reports Stock Transaction
SEC Form 4 Filing
Olivia Nottebohm, Chief Operating Officer of Box Inc., reports the withholding of shares to cover income tax obligations related to the settlement of restricted stock units.
Summary
- On June 20, 2024, Olivia Nottebohm, the Chief Operating Officer of Box Inc., reported a transaction involving Class A Common Stock.
- A total of 1,663 shares were withheld by Box Inc. at a price of $25.58 per share to satisfy income tax obligations related to the net settlement of restricted stock units (RSUs).
- Following the transaction, Nottebohm beneficially owns 523,624 shares, some of which are represented by RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 06/20/2024 | Date of the reported transaction (stock withholding). |
| 06/21/2024 | Date of signature on the Form 4 filing. |
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