Box COO sells 12,470 shares in 10b5-1 trade

BOX Inc Chief Operating Officer Olivia Nottebohm reported an open-market sale of 12,470 shares of Box Class A Common Stock on May 8, 2026, at a weighted average price of $25.171 per share.

Rhea-AI Filing Summary

BOX Inc Chief Operating Officer Olivia Nottebohm reported an open-market sale of 12,470 shares of Box Class A Common Stock on May 8, 2026, at a weighted average price of $25.171 per share.

The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. After this sale, Nottebohm directly holds 558,739 shares of Box, some of which are represented by time-based and performance-based restricted stock units that vest over time, contingent on continued service.

Insider Trade Summary 10b5-1

Net Seller: 12,470 shares

Net Sell 1 txn

Insider Nottebohm Olivia

Role Chief Operating Officer

Sold 12,470 shs ($314K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	12,470	$25.171	$314K

Holdings After Transaction: Class A Common Stock — 558,739 shares (Direct)

Footnotes (3)

1. F1. The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 9, 2025.
2. F2. This sale price represents the weighted average sale price of the shares sold ranging from $25.01 to $25.38 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
3. F3. Certain of these shares are represented by time-based and performance-based restricted stock units ("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

Shares sold: 12,470 shares Average sale price: $25.171 per share Price range: $25.01–$25.38 per share +1 more

4 metrics

Shares sold 12,470 shares Class A Common Stock sold on May 8, 2026

Average sale price $25.171 per share Weighted average sale price for the reported transaction

Price range $25.01–$25.38 per share Range of individual sale prices within the transaction

Shares owned after sale 558,739 shares Direct holdings of COO Olivia Nottebohm following the sale

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, restricted stock units ("RSUs"), performance-based restricted stock units

4 terms

Rule 10b5-1 trading plan regulatory

"The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average sale price financial

"This sale price represents the weighted average sale price of the shares sold ranging from $25.01 to $25.38 per share"

restricted stock units ("RSUs") financial

"Certain of these shares are represented by time-based and performance-based restricted stock units ("RSUs")"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

performance-based restricted stock units financial

"Certain of these shares are represented by time-based and performance-based restricted stock units ("RSUs")"

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BOX (BOX) report for Olivia Nottebohm?

BOX reported that Chief Operating Officer Olivia Nottebohm sold 12,470 shares of Class A Common Stock in an open-market transaction. The sale was disclosed on Form 4 and reflects a routine insider trade rather than a new share issuance by the company.

At what price did the BOX COO sell her 12,470 shares?

The 12,470 shares were sold at a weighted average price of $25.171 per share. A footnote notes individual sale prices ranged from $25.01 to $25.38, and detailed breakdowns are available to regulators, the issuer, or security holders upon request.

Was Olivia Nottebohm’s BOX stock sale under a Rule 10b5-1 plan?

Yes. The filing states the reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Olivia Nottebohm. Such pre-arranged trading plans are designed to allow scheduled sales, reducing the significance of short-term market timing decisions.

How many BOX shares does the COO hold after the reported sale?

After the sale, Olivia Nottebohm directly holds 558,739 shares of Box Class A Common Stock. The filing notes that certain of these shares are represented by restricted stock units that vest over time, subject to performance conditions and continued service.

What are the restricted stock units (RSUs) mentioned in the BOX Form 4?

The filing notes that certain shares are represented by time-based and performance-based RSUs. Each RSU entitles the reporting person to receive one share of Box Common Stock, provided applicable vesting conditions are met and continuous service with the company is maintained.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/11/2026 - 08:08 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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).

X

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/08/2026		S(1)		12,470	D	$25.171(2)	558,739(3)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 9, 2025.

2. This sale price represents the weighted average sale price of the shares sold ranging from $25.01 to $25.38 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

3. Certain of these shares are represented by time-based and performance-based restricted stock units ("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.

	/s/ David Leeb, Attorney-in-Fact	05/11/2026
	** Signature of Reporting Person	Date
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)