Form 4: Box Inc. COO Olivia Nottebohm Sells Shares Under 10b5-1 Trading Plan

Olivia Nottebohm, Chief Operating Officer of Box Inc., sold 3,434 shares of Class A Common Stock on May 9, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Olivia Nottebohm, the Chief Operating Officer of Box Inc., sold 3,434 shares of Class A Common Stock on May 9, 2025.
• The sale was executed under a Rule 10b5-1 trading plan adopted on September 24, 2024.
• The shares were sold at a weighted average price of $31.537, with individual prices ranging from $31.47 to $31.63 per share.
• Following the transaction, Nottebohm directly owns 556,011 shares of Class A Common Stock, some of which are represented by restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sale is pre-planned under 10b5-1, so it's neutral.

Industry Context

Sales by company executives are a normal part of corporate governance. The fact that the sale was executed under a 10b5-1 plan suggests that the sale was pre-planned and not based on any inside information.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Form 4, Insider Trading, Rule 10b5-1, Share Sale, Olivia Nottebohm, Box Inc, BOX