Box, Inc. filings document the regulatory disclosures of a NYSE-listed cloud content management company with Class A common stock registered under the Exchange Act. Its 8-K reports include operating results for fiscal quarters and years, earnings press releases, conference-call information, revenue measures, margins, remaining performance obligations and non-GAAP financial metrics.
Governance and capital-structure disclosures include annual meeting matters, amendments to the 2015 Equity Incentive Plan and Employee Stock Purchase Plan, reserved-share increases under those plans, executive-compensation items and the formal reporting of material corporate events.
Box CEO Aaron Levie reported a charitable donation of 5,750 shares of Class A Common Stock on June 24, 2025, through a Form 4 filing. The shares were contributed to a donor advised fund at zero cost ($0.00), representing a bona fide charitable gift with no shares being sold.
Following the transaction, Levie maintains beneficial ownership of 2,967,030 shares held directly, which includes restricted stock units (RSUs) that vest based on continued service. As both Director and CEO, Levie's substantial holding demonstrates significant insider ownership in Box.
- Transaction Code: G (Gift)
- Filing Address: 900 Jefferson Ave, Redwood City, CA
- Ownership Form: Direct (D)
- No derivative securities were involved in this transaction
Form 144 Overview: The filing notifies the SEC of a proposed sale of 2,013 shares of Box, Inc. (NYSE: BOX) common stock with an aggregate market value of $69,650. The shares are to be sold through Charles Schwab & Co., Inc. on or about 06/25/2025. The total shares outstanding for Box, Inc. are reported at 144,793,367; therefore, the proposed sale represents roughly 0.0014 % of the public float, indicating a de-minimis impact on overall share supply.
Acquisition Background: The securities to be sold were acquired via the lapse of restricted stock on 04/22/2025 (168 shares) and 06/20/2025 (1,845 shares), both categorized as equity compensation from Box, Inc.
Recent Trading History: The same seller, Olivia Nottebohm (address listed in Redwood City, CA), has executed five sales over the past three months totaling 10,305 shares for aggregate gross proceeds of $323,562 (sales dates: 03/25/2025, 04/07/2025, 04/21/2025, 05/09/2025, 06/10/2025).
Key Takeaways for Investors:
- The filing signals continued selling activity by the same shareholder, though the absolute amount remains small relative to Box’s share count.
- No relationship to the issuer is disclosed in the form; therefore, the individual’s role (e.g., officer, director, or other affiliate) is not specified.
- The filer certifies that they possess no undisclosed material adverse information about Box, Inc., complying with Rule 144 requirements.
Box Chief Operating Officer Olivia Nottebohm reported a Form 4 filing on June 28, 2025, disclosing a transaction dated June 20, 2025. The filing details the following key transaction:
The COO had 18,583 shares of Class A Common Stock withheld by Box at $35.02 per share for tax purposes. This withholding was related to the settlement of restricted stock units (RSUs) and does not represent a direct sale by Nottebohm. Following the transaction, she beneficially owns 536,099 shares directly.
- Transaction Code: F (Tax withholding)
- Nature: Automatic tax withholding from RSU vesting
- Ownership: Direct
The transaction represents standard tax withholding procedures for executive RSU settlements rather than open market trading activity.
Box Inc insider trading activity report reveals that Eli Berkovitch, VP Chief Accounting Officer & Controller, underwent a tax-related share transaction on June 20, 2025. The company withheld 1,903 shares of Class A Common Stock at $35.02 per share to satisfy income tax obligations related to the vesting of restricted stock units (RSUs).
Following the transaction, Berkovitch maintains beneficial ownership of 136,867 shares held directly. Important notes:
- Transaction was a share withholding (Code F) for tax purposes, not a market sale
- Some shares are in the form of unvested RSUs subject to continued service conditions
- Filing was completed through an attorney-in-fact, David Leeb
Box CFO Dylan C. Smith reported significant insider transactions on June 17 and 20, 2025. The transactions included:
- Exercise of 34,000 employee stock options at $17.52 per share on June 17, which were set to expire on June 18, 2025
- Acquisition of 34,000 Class A Common Stock shares through option exercise at $0 cost
- Disposition of 9,818 shares at $35.02 per share on June 20 for tax withholding purposes
Following these transactions, Smith holds 1,531,732 shares directly, some in the form of restricted stock units (RSUs). The tax-related share withholding was conducted by Box to satisfy income tax obligations and does not represent a direct sale by Smith. The exercised options had been fully vested since March 20, 2019.