BOX COO reports tax-withholding of 21,327 shares
BOX Inc Chief Operating Officer Olivia Nottebohm reported a tax-related share disposition tied to restricted stock units (RSUs).
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Rhea-AI Filing Summary
BOX Inc Chief Operating Officer Olivia Nottebohm reported a tax-related share disposition tied to restricted stock units (RSUs). On this Form 4, 21,327 shares of Class A common stock were withheld by BOX at a price of 24.84 per share to cover income tax and withholding obligations upon net settlement of RSUs.
The footnotes clarify this withholding does not represent an open-market sale by Nottebohm. After the transaction, she directly holds 530,884 shares of BOX Class A common stock, reflecting a substantial ongoing equity stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 21,327 | $24.84 | $530K |
Footnotes (2)
- F1. 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 restricted stock units ("RSUs") and does not represent a sale by the Reporting Person.
- F2. 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.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
net settlement financial
withheld by the Issuer financial
performance-based RSUs financial
time-based RSUs financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BOX (BOX) COO Olivia Nottebohm report in this Form 4?
Was the BOX (BOX) COO’s Form 4 transaction an open-market sale?
What are the RSUs mentioned in the BOX (BOX) COO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.