Tech — Software
Box Inc Executive Compensation (FY26)
BOX · Redwood City, CA · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026 ◇ Aaron Levie | Latest say-on-pay support = May 1, 2026 |
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Data as of October 19, 2026Latest filing (8-K): July 1, 2026
16 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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217 figures on this page: 205 cited to the filing that reported them, 12 calculated from figures it prints. See the citations
More on Box Inc
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Aaron Levie: $12,608,146 → $257,076 (98.0% lower)
Say-on-pay support: 96.5% → 98.3% (1.8 points higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Box Inc's chief executive and what were they paid?
Total compensation for Aaron Levie, Chief Executive Officer, came to $257,076 in fiscal 2026. Levie's total was 98.0% lower than the $12,608,146 reported for fiscal 2025.
What was Box Inc's say-on-pay result?
For fiscal 2026, shareholders backed the say-on-pay proposal with 98.3% of votes cast including abstentions in favor at the meeting held May 1, 2026.
Which companies are in Box Inc's peer group?
Companies named in the disclosed peer group include Asana, Inc., Blackline, Inc., Commvault Systems, Inc., Confluent, Inc. and Dropbox, Inc., among others. Companies named in the Compensation Peer Group Revised for Fiscal Year 2026 Effective September 2025 include DigitalOcean Holdings, Inc., Procore Technologies, Inc., Tenable Holdings, Inc. and Varonis Systems, Inc.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Dylan Smith Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Stephanie Carullo Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Aaron Levie Chief Executive Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Dylan Smith Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Stephanie Carullo Former Chief Operating Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Aaron Levie Chief Executive Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Olivia Nottebohm Chief Operating Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Dylan Smith Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Stephanie Carullo Former Chief Operating Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Aaron Levie Chief Executive Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Aaron Levie Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Dylan Smith Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Olivia Nottebohm Chief Operating Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2026
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Dylan Smith Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Olivia Nottebohm Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Aaron Levie Chief Executive Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Aaron Levie | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Dylan Smith | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Dylan Smith | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Olivia Nottebohm | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Olivia Nottebohm | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2022, 2023, 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Dylan Smith | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Aaron Levie | PSU | ◇ | ◇ | — | — |
| Olivia Nottebohm | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Aaron Levie
Chief Executive Officer · Change-in-control agreement · citing a 2026 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Change-in-control base | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Dylan Smith
Chief Financial Officer · Change-in-control agreement · citing a 2026 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Olivia Nottebohm
Chief Operating Officer · Change-in-control agreement · citing a 2026 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2026
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Bethany Mayer Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Dana Evan | ◇ | ◇ | — | — | — | — | ◇ |
Jack Lazar | ◇ | ◇ | — | — | — | — | ◇ |
Sue Barsamian | ◇ | ◇ | — | — | — | — | ◇ |
Steve Murphy | ◇ | ◇ | — | — | — | — | ◇ |
Amit Walia | ◇ | ◇ | — | — | — | — | ◇ |
Dan Levin | ◇ | ◇ | — | — | — | — | ◇ |
John Park and Aaron Levie served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
- Asana, Inc. ASAN
- Blackline, Inc. BL
- Commvault Systems, Inc. CVLT
- Confluent, Inc. CFLT
- Dropbox, Inc. DBX
- Elastic N.V. ESTC
- Five9, Inc. FIVN
- Guidewire Software, Inc. GWRE
- Informatica Inc. INFA
- Nutanix, Inc. NTNX
- PagerDuty, Inc. PD
- Qualys, Inc. QLYS
- SolarWinds Corporation SWI
- Teradata Corporation TDC
- Verint Systems Inc. VRNT
Compensation Peer Group Revised for Fiscal Year 2026 Effective September 2025
- DigitalOcean Holdings, Inc. DOCN
- Procore Technologies, Inc. PCOR
- Tenable Holdings, Inc. TENB
- Varonis Systems, Inc. VRNS
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2026 | May 1, 2026 | = | ◇ | ◇ | ◇ |
| 2025 | June 27, 2025 | = | ◇ | ◇ | ◇ |
| 2024 | July 2, 2024 | = | ◇ | ◇ | ◇ |
| 2023 | June 27, 2023 | = | ◇ | ◇ | ◇ |
| 2022 | July 14, 2022 | = | ◇ | ◇ | ◇ |
| 2021 | September 9, 2021 | = | ◇ | ◇ | ◇ |
| 2020 | July 15, 2020 | = | ◇ | ◇ | ◇ |
| 2019 | June 19, 2019 | = | ◇ | ◇ | ◇ |
| 2018 | June 20, 2018 | = | ◇ | ◇ | ◇ |
| 2017 | June 21, 2017 | = | ◇ | ◇ | ◇ |
| 2016 | June 22, 2016 | = | ◇ | ◇ | ◇ |
| 2015 | June 22, 2016 | = | ◇ | ◇ | ◇ |
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Ask our research desk — $99, 24h, every figure cited to its filing.
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- Aaron Levie (Chief Executive Officer), FY2026 total compensation $257,076 (base salary $162,000) [exec_comp, SEC accession 0001140361-26-021041, filed 2026-05-13]What this page does not include
Everything above is a fact Box Inc disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Box Inc sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
217 figures on this page: 205 cited to the filing that reported them, 12 calculated from figures it prints.
205 cited to the filing
12 calculated from the filing
Documents cited
- 0001193125-26-292529Proposal 2 – Approval, on an Advisory Basis, of the Compensation of the Company’s Named Executive Officers .
- 0001140361-26-021041Director Compensation · Director Compensation for Fiscal Year 2026 · Grants of Plan-Based Awards in Fiscal Year 2026 · Non-Qualified Deferred Compensation Table · and 2 more sections
- 0001193125-25-155484Proposal 2 – Approval, on an Advisory Basis, of the Compensation of the Company’s Named Executive Officers .
- 0001140361-25-018639Summary Compensation Table for Fiscal Year 2025
- 0001193125-24-175611Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-24-026856Summary Compensation Table for Fiscal Year 2024
- 0001193125-23-178564Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-23-024694Summary Compensation Table for Fiscal Year 2023
- 0001193125-22-196347Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001387131-21-009357Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-20-194723Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-19-180062Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-18-202603Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-17-211742Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-16-631548Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-26-098466Employment Agreement
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Box Inc executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/BOX (accessed 2026).
Short form: data: Velarion
The paid brief for Box Inc
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
16 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Software rankings
Peers Box Inc discloses
The companies named in BOX's own disclosed peer group.
Asana, Inc.Blackline, Inc.Commvault Systems, Inc.Confluent, Inc.Dropbox, Inc.Elastic N.V.Five9, Inc.Guidewire Software, Inc.Informatica Inc.Nutanix, Inc.PagerDuty, Inc.Qualys, Inc.SolarWinds CorporationTeradata CorporationVerint Systems Inc.DigitalOcean Holdings, Inc.Procore Technologies, Inc.Tenable Holdings, Inc.Varonis Systems, Inc.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}