BOX (NYSE: BOX) COO has 21,327 shares withheld for RSU tax obligations

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

1 transaction reported

Mixed 1 txn

Insider Nottebohm Olivia

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	21,327	$24.84	$530K

Holdings After Transaction: Class A Common Stock — 530,884 shares (Direct, null)

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 restricted stock units ("RSUs") and does not represent a sale by the Reporting Person. 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

Shares withheld for taxes: 21,327 shares Withholding price per share: 24.84 per share Shares held after transaction: 530,884 shares

3 metrics

Shares withheld for taxes 21,327 shares Withheld to satisfy RSU-related tax obligations

Withholding price per share 24.84 per share Value used for RSU tax-withholding shares

Shares held after transaction 530,884 shares Direct BOX Class A holdings after tax withholding

Key Terms

restricted stock units ("RSUs"), net settlement, withheld by the Issuer, performance-based RSUs, +1 more

5 terms

restricted stock units ("RSUs") financial

"in connection with the net settlement of restricted stock units ("RSUs") and does not represent a sale"

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 restricted stock units ("RSUs") and does not represent a sale"

withheld by the Issuer financial

"Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding"

performance-based RSUs financial

"Certain of these shares are represented by time-based and performance-based RSUs."

Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.

time-based RSUs financial

"Certain of these shares are represented by time-based and performance-based RSUs."

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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)
06/20/2026

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	06/20/2026		F		21,327(1)	D	$24.84	530,884(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 restricted stock units ("RSUs") and does not represent a sale by the Reporting Person.

2. 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.

	/s/ David Leeb, Attorney-in-Fact	06/22/2026
	** 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 that 21,327 BOX Class A shares were withheld to cover taxes from restricted stock unit vesting. This is an internal tax-withholding event, not an open-market sale, and reflects routine equity compensation processing.

Was the BOX (BOX) COO’s Form 4 transaction an open-market sale?

No, the Form 4 states the 21,327 withheld shares do not represent a sale by Olivia Nottebohm. The shares were retained by BOX to satisfy income tax and withholding obligations from RSU net settlement.

How many BOX (BOX) shares were withheld for taxes in this filing?

The filing shows 21,327 shares of BOX Class A common stock were withheld at 24.84 per share. This withholding satisfied income tax and remittance obligations associated with the net settlement of restricted stock units.

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

After the tax-withholding transaction, Olivia Nottebohm directly holds 530,884 BOX Class A shares. This post-transaction balance demonstrates a continued large equity position despite the routine withholding tied to RSU vesting.

What are the RSUs mentioned in the BOX (BOX) COO’s Form 4?

The Form 4 notes that certain shares are represented by time-based and performance-based RSUs. Each RSU gives Olivia Nottebohm the right to receive one BOX common share, subject to vesting schedules and continued service with the company.