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Box INC (NYSE:BOX) Chief Operating Officer Olivia Nottebohm sold 4,612 shares of Class A Common Stock at a price of $31.35 on November 10, 2025, for a total value of $144586.
Following the transaction, Nottebohm directly owns 497,639 shares of Box INC, some of which are represented by restricted stock units.
The sale was executed under a Rule 10b5-1 trading plan adopted on July 9, 2025. The transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission.
In other recent news, Boxlight Corporation has regained compliance with Nasdaq Capital Market listing standards. This development follows the company’s recent efforts to meet the necessary requirements related to minimum stockholders’ equity, independent directors, and audit committee composition. Additionally, Boxlight has announced a change in its auditing firm, appointing Cherry Bekaert LLP as its new auditor for the fiscal year ending December 31, 2025, after dismissing Forvis Mazars, LLP. Forvis Mazars had previously expressed substantial doubt about Boxlight’s ability to continue as a going concern, despite their audit reports not containing any adverse opinions.
In related developments, UBS downgraded Box Inc.’s stock rating from Buy to Neutral, citing limited near-term upside as the reason for the change. Meanwhile, DA Davidson reiterated its Buy rating on Box Inc., maintaining a $45 price target, expressing optimism following the company’s BoxWorks 2025 virtual event. UBS, after the BoxWorks event, maintained its Buy rating and $42 price target, noting several new generative AI product announcements. These new features are expected to enhance Box’s offerings, with some included in the top-tier Box Enterprise Advanced subscription and others available as add-ons.
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