BOX (NYSE: BOX) COO reports 24,826-share tax withholding, holds 494,016

Rhea-AI Filing Summary

BOX Inc Chief Operating Officer Olivia Nottebohm had 24,826 shares of Class A Common Stock withheld by the company to cover tax obligations tied to performance-based stock units. The filing states this was not an open-market sale. After the tax-withholding disposition, she directly holds 494,016 shares of BOX common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nottebohm Olivia

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	24,826	$23.67	$588K

Holdings After Transaction: Class A Common Stock — 494,016 shares (Direct)

Footnotes (1)

1. 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 performance-based stock units and does not represent a sale by the Reporting Person. 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

Tax-withholding shares: 24,826 shares Post-transaction holdings: 494,016 shares Implied withholding price: $23.67 per share

3 metrics

Tax-withholding shares 24,826 shares Shares withheld to satisfy income tax and withholding obligations

Post-transaction holdings 494,016 shares Direct Class A Common Stock held by COO after transaction

Implied withholding price $23.67 per share Value used for the tax-withholding disposition of 24,826 shares

Key Terms

performance-based stock units, restricted stock units ("RSUs"), net settlement, withholding and remittance obligations

4 terms

performance-based stock units financial

"in connection with the net settlement of performance-based stock units and does not represent a sale"

Performance-based stock units are company promises to deliver shares or cash to employees or executives only if the business hits specific financial or operational goals over a set period. Like a bonus that only pays out when certain milestones are reached, they link pay to company performance and matter to investors because they can dilute the share count, affect reported earnings when they vest, and signal how management is being incentivized.

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.

net settlement financial

"in connection with the net settlement of performance-based stock units and does not represent a sale"

withholding and remittance obligations financial

"to satisfy its income tax and withholding and remittance obligations in connection with the net settlement"

Form 4 Insider Transactions: What Each Field Means →

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).

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)
04/02/2026

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	04/02/2026		F		24,826(1)	D	$23.67	494,016(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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 performance-based stock units and does not represent a sale by the Reporting Person.

2. 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	04/06/2026
	** 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)

FAQ

What did BOX (BOX) COO Olivia Nottebohm report in this Form 4?

Olivia Nottebohm reported a tax-withholding disposition of 24,826 BOX Class A shares. The company withheld these shares to satisfy income tax and withholding obligations related to performance-based stock units, and it was not an open-market sale by the executive.

How many BOX (BOX) shares does the COO hold after this transaction?

After the reported tax-withholding transaction, Olivia Nottebohm directly holds 494,016 shares of BOX Class A Common Stock. This figure reflects her position following the withholding of 24,826 shares to cover tax obligations tied to vested performance-based stock units.

Was the BOX (BOX) Form 4 transaction a market sale of shares?

No, the Form 4 explicitly states the 24,826 shares were withheld by BOX to satisfy tax and withholding obligations from net settlement of performance-based stock units and do not represent a sale by Olivia Nottebohm on the open market.

What triggered the BOX (BOX) tax-withholding disposition reported for the COO?

The disposition was triggered by the net settlement of performance-based stock units. When these units vested, BOX withheld 24,826 shares to meet income tax and remittance obligations, a common mechanism for handling tax liabilities on equity compensation awards.

Does the BOX (BOX) filing mention restricted stock units (RSUs) for the COO?

Yes, the filing notes that certain shares are represented by time-based and performance-based restricted stock units (RSUs). Each RSU entitles Olivia Nottebohm to receive one BOX common share, subject to the applicable vesting schedule and her continued service with the company.