STOCK TITAN

BOX (BOX) COO gets FY 2026 RSU bonus grant with tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BOX INC Chief Operating Officer Olivia Nottebohm reported routine equity compensation activity involving Restricted Stock Units (RSUs). She received 4,343 shares of Class A Common Stock as an RSU grant that served as a bonus under the company’s Fiscal Year 2026 Executive Bonus Plan, and these RSUs were deemed 100% vested immediately after grant. To cover income tax and withholding obligations from RSU vesting, 2,180 shares were withheld by the company, which the filing notes does not represent an open-market sale. After these transactions, she directly holds 579,331 shares of BOX Class A Common Stock.

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Insider Nottebohm Olivia
Role Chief Operating Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock 4,343 $0.00 --
Tax Withholding Class A Common Stock 2,180 $24.33 $53K
Holdings After Transaction: Class A Common Stock — 579,331 shares (Direct, null)
Footnotes (1)
  1. Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment earned under the Company's Fiscal Year 2026 Executive Bonus Plan. These RSUs were deemed 100% vested immediately following their grant. Certain of these shares are represented by time-based and performance-based RSUs. Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person's continuous service through each such date. Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of RSUs and does not represent a sale by the Reporting Person.
RSU bonus grant 4,343 shares Bonus under Fiscal Year 2026 Executive Bonus Plan, fully vested
Tax withholding shares 2,180 shares Shares withheld to satisfy income tax and withholding obligations
Tax withholding price $24.33 per share Value used for 2,180 withheld shares
Shares held after transactions 579,331 shares Direct Class A Common Stock ownership after RSU grant and withholding
Tax withholding disposition 1 transaction Code F, net settlement of RSUs for tax obligations
Grant/award acquisition 1 transaction Code A, RSU-related share acquisition as bonus compensation
Restricted Stock Units financial
"Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Certain of these shares are represented by time-based and performance-based RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Fiscal Year 2026 Executive Bonus Plan financial
"granted as a bonus payment earned under the Company's Fiscal Year 2026 Executive Bonus Plan"
net settlement of RSUs financial
"in connection with the net settlement of RSUs and does not represent a sale"
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Nottebohm Olivia

(Last)(First)(Middle)
900 JEFFERSON AVE

(Street)
REDWOOD CITY CALIFORNIA 94063

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BOX INC [ BOX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock04/22/2026A4,343(1)A$0.0579,331(2)D
Class A Common Stock04/22/2026F2,180(3)D$24.33577,151(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents Restricted Stock Units ("RSUs") that were granted as a bonus payment earned under the Company's Fiscal Year 2026 Executive Bonus Plan. These RSUs were deemed 100% vested immediately following their grant.
2. Certain of these shares are represented by time-based and performance-based RSUs. Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person's continuous service through each such date.
3. Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of RSUs and does not represent a sale by the Reporting Person.
/s/ David Leeb, Attorney-in-Fact04/23/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did BOX (BOX) disclose for Olivia Nottebohm?

BOX reported that Chief Operating Officer Olivia Nottebohm received 4,343 Class A shares via a bonus RSU grant and had 2,180 shares withheld to cover tax obligations related to RSU vesting, leaving her with 579,331 directly held shares after the transactions.

Was the BOX (BOX) Form 4 transaction an open-market sale by the COO?

No, the Form 4 states that 2,180 shares were withheld by BOX to satisfy income tax and withholding obligations from RSU vesting. The filing explicitly clarifies this withholding does not represent a sale by Chief Operating Officer Olivia Nottebohm in the open market.

What RSU bonus did BOX (BOX) grant to its COO in this filing?

BOX granted Chief Operating Officer Olivia Nottebohm 4,343 Restricted Stock Units as a bonus payment earned under the company’s Fiscal Year 2026 Executive Bonus Plan, with these RSUs deemed 100% vested immediately following the grant according to the Form 4 footnotes.

How many BOX (BOX) shares does the COO hold after the reported Form 4?

Following the RSU grant and tax withholding entries, Chief Operating Officer Olivia Nottebohm directly holds 579,331 shares of BOX Class A Common Stock, as reported in the post-transaction holdings column of the Form 4 insider transaction table for the acquisition entry.

What do the RSUs in BOX (BOX) COO’s Form 4 represent?

The Form 4 explains that each Restricted Stock Unit represents the right to receive one share of BOX Class A Common Stock, subject to the applicable vesting schedule and the executive’s continuous service through each vesting date, with this specific bonus grant deemed fully vested immediately after grant.