BOX (BOX) COO gets FY 2026 RSU bonus grant with tax withholding
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
Key Figures
RSU bonus grant: 4,343 shares
Tax withholding shares: 2,180 shares
Tax withholding price: $24.33 per share
+3 more
6 metrics
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
Key Terms
Restricted Stock Units, RSUs, Fiscal Year 2026 Executive Bonus Plan, net settlement of RSUs, +1 more
5 terms
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.
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.
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.