Box (NYSE: BOX) COO receives 87,500 RSUs vesting over four years

Rhea-AI Filing Summary

BOX INC Chief Operating Officer Olivia Nottebohm received 87,500 shares of Class A Common Stock as a stock award. The grant is in the form of Restricted Stock Units that vest quarterly over four years, conditioned on her continued service with the company.

Each RSU converts into one share of Box common stock as it vests. Following this award, Nottebohm directly holds 574,988 shares, including time-based and performance-based RSUs. This is a compensation-related equity grant, not an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nottebohm Olivia

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	87,500	$0.00	--

Holdings After Transaction: Class A Common Stock — 574,988 shares (Direct)

Footnotes (1)

1. Represents Restricted Stock Units ("RSUs") that shall vest quarterly over four years, subject to the Reporting Person's continuous service through each vesting date. 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

RSUs granted: 87,500 shares Grant price: $0.0000 per share Total shares after grant: 574,988 shares +2 more

5 metrics

RSUs granted 87,500 shares Class A Common Stock award to COO Olivia Nottebohm

Grant price $0.0000 per share RSUs granted at no cash cost to the COO

Total shares after grant 574,988 shares Direct holdings following RSU award, including RSUs

Vesting schedule Quarterly over 4 years RSUs vest subject to continuous service through each vesting date

RSU to share ratio 1 RSU = 1 share Each RSU delivers one share of Box common stock upon vesting

Key Terms

Restricted Stock Units ("RSUs"), time-based, performance-based, continuous service

4 terms

Restricted Stock Units ("RSUs") financial

"Represents Restricted Stock Units ("RSUs") that shall vest quarterly over four years"

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.

time-based financial

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

performance-based financial

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

continuous service financial

"subject to the Reporting Person's continuous service through each vesting date"

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)
04/15/2026

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	04/15/2026		A		87,500(1)	A	$0.00	574,988(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 Restricted Stock Units ("RSUs") that shall vest quarterly over four years, subject to the Reporting Person's continuous service through each vesting date.

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	04/17/2026
	** 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?

She reported receiving 87,500 Restricted Stock Units (RSUs). These RSUs represent a stock-based compensation award in Box’s Class A Common Stock and are not an open-market purchase. Each RSU can convert into one share of common stock as it vests over time.

How do Olivia Nottebohm’s new BOX RSUs vest over time?

The 87,500 BOX RSUs vest quarterly over four years. Vesting is subject to her continuous service with Box through each vesting date, meaning she must remain employed for the units to convert into shares of Class A Common Stock.

How many BOX shares does Olivia Nottebohm hold after this RSU grant?

After the award, she holds 574,988 shares directly. This total includes shares represented by both time-based and performance-based RSUs, each of which can deliver one share of Box Class A Common Stock when the applicable vesting conditions are met.

Are Olivia Nottebohm’s BOX RSUs the same as buying shares on the market?

No, the RSUs are part of equity compensation, not market purchases. She did not pay cash for these 87,500 RSUs. Instead, they are granted by Box and convert into shares only as vesting conditions tied to ongoing service are satisfied.

What are time-based and performance-based RSUs in BOX’s grant to the COO?

Time-based RSUs vest with service, performance-based RSUs add performance goals. Certain shares in her 574,988 total holdings come from RSUs that depend on tenure alone, while others also require meeting specified performance conditions before they convert into common stock.