[144] BOX, INC. SEC Filing

Rhea-AI Filing Summary

Form 144 Overview: The filing notifies the SEC of a proposed sale of 2,013 shares of Box, Inc. (NYSE: BOX) common stock with an aggregate market value of $69,650. The shares are to be sold through Charles Schwab & Co., Inc. on or about 06/25/2025. The total shares outstanding for Box, Inc. are reported at 144,793,367; therefore, the proposed sale represents roughly 0.0014 % of the public float, indicating a de-minimis impact on overall share supply.

Acquisition Background: The securities to be sold were acquired via the lapse of restricted stock on 04/22/2025 (168 shares) and 06/20/2025 (1,845 shares), both categorized as equity compensation from Box, Inc.

Recent Trading History: The same seller, Olivia Nottebohm (address listed in Redwood City, CA), has executed five sales over the past three months totaling 10,305 shares for aggregate gross proceeds of $323,562 (sales dates: 03/25/2025, 04/07/2025, 04/21/2025, 05/09/2025, 06/10/2025).

Key Takeaways for Investors:

• The filing signals continued selling activity by the same shareholder, though the absolute amount remains small relative to Box’s share count.
• No relationship to the issuer is disclosed in the form; therefore, the individual’s role (e.g., officer, director, or other affiliate) is not specified.
• The filer certifies that they possess no undisclosed material adverse information about Box, Inc., complying with Rule 144 requirements.

Positive

• None.

Negative

• Continued share sales by the same holder—10,305 shares already sold in the past three months with an additional 2,013 shares planned, which some investors may interpret as a bearish signal.

Insights

Corporate Governance Expert

TL;DR: Minor Rule 144 sale (2,013 shares) continues seller’s recent divestments; negligible float impact, neutral governance signal.

The proposed sale under Rule 144 follows five prior trades totaling 10,305 shares over the last quarter. Even taken together, these disposals amount to roughly 0.01 % of Box’s outstanding shares, far below thresholds that would raise governance red flags. Because the form lists no affiliation, the seller’s insider status cannot be confirmed, limiting interpretive weight. The absence of any Rule 10b5-1 plan date also leaves motivations opaque. Overall, the transaction is routine, supplies minimal incremental float, and provides little insight into Box’s fundamentals.

Portfolio Manager

TL;DR: Transaction is immaterial to valuation; watch pattern but no immediate portfolio action warranted.

At $69.7k market value, the upcoming sale is inconsequential relative to Box’s daily trading volume and market cap. While continued selling by the same holder could hint at personal liquidity needs, the volumes are too small to infer a bearish view on Box’s prospects. The disclosure neither alters earnings estimates nor affects liquidity risk. I classify the event as non-impactful for portfolio strategy, though repetitive filings may merit long-term trend monitoring.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	2013	69650.00	144793367	06/25/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/22/2025	Restricted Stock Lapse	Box, Inc.			168	04/22/2025	Equity Compensation
Common	06/20/2025	Restricted Stock Lapse	Box, Inc.			1845	06/20/2025	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
OLIVIA NOTTEBOHM 900 JEFFERSON AVE REDWOOD CITY CA 94063	BOX INC	03/25/2025	2105	64750.00
OLIVIA NOTTEBOHM 900 JEFFERSON AVE REDWOOD CITY CA 94063	BOX INC	04/07/2025	1332	38637.00
OLIVIA NOTTEBOHM 900 JEFFERSON AVE REDWOOD CITY CA 94063	BOX INC	04/21/2025	2105	62133.00
OLIVIA NOTTEBOHM 900 JEFFERSON AVE REDWOOD CITY CA 94063	BOX INC	05/09/2025	3434	108298.00
OLIVIA NOTTEBOHM 900 JEFFERSON AVE REDWOOD CITY CA 94063	BOX INC	06/10/2025	1329	49744.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Box (BOX) shares are proposed for sale in this Form 144 filing?

The filing covers 2,013 common shares of Box, Inc. to be sold.

What is the aggregate market value of the proposed Box share sale?

The 2,013 shares have an aggregate market value of $69,650.

When is the approximate sale date for the Box shares under Form 144?

The filer lists 06/25/2025 as the approximate sale date.

How many Box shares has the same seller disposed of in the past three months?

Five prior transactions totaled 10,305 shares between 03/25/2025 and 06/10/2025.

What percentage of Box’s outstanding shares does the proposed 2,013-share sale represent?

The sale equals approximately 0.0014 % of the 144,793,367 shares outstanding.