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Box Inc Executive Compensation (FY26)

BOX · Redwood City, CA · Executive and director compensation, fiscal 2022 to 2026
Data as of September 7, 2026Latest filing (8-K): July 1, 2026
225 figures on this page: 213 cited to the filing that reported them, 12 calculated from figures it prints. See the citations
Total compensation for Aaron Levie, Chief Executive Officer, came to $257,076 in fiscal 2026, and Levie's total was 98.0% lower than the $12,608,146 reported for fiscal 2025. For fiscal 2026, shareholders backed the say-on-pay proposal with 98.3% of votes cast including abstentions in favor at the meeting held June 25, 2026. 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.
Chief executive, fiscal 2026
◇
Aaron Levie
Latest say-on-pay support
=
June 25, 2026
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 June 25, 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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dylan Smith
Chief Financial Officer
◇—◇—◇—◇◇
Stephanie Carullo
Chief Operating Officer
◇—◇—◇—◇◇
Aaron Levie
Chief Executive Officer
◇———◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Aaron Levie
Chief Executive Officer
◇—◇—◇—◇◇
Dylan Smith
Chief Financial Officer
◇—◇—◇—◇◇
Olivia Nottebohm
Chief Operating Officer
◇◇◇—◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Aaron LevieRSU◇——◇——◇
Dylan SmithPSU◇◇◇—◇—◇
Dylan SmithRSU◇——◇——◇
Olivia NottebohmPSU◇◇◇—◇—◇
Olivia NottebohmRSU◇——◇——◇
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Dylan SmithRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Aaron LeviePSU◇◇——
Olivia NottebohmRSU◇◇——
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◇
Olivia Nottebohm
Chief Operating Officer · Change-in-control agreement · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
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◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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.
YearMeetingSupportVotes forVotes againstAbstentions
2026June 25, 2026=◇◇◇
2025June 27, 2025=◇◇◇
2024July 2, 2024=◇◇◇
2023June 27, 2023=◇◇◇
2022July 14, 2022=◇◇◇
2021September 9, 2021=◇◇◇
2020July 15, 2020=◇◇◇
2019June 19, 2019=◇◇◇
2018June 20, 2018=◇◇◇
2017June 21, 2017=◇◇◇
2016June 22, 2016=◇◇◇
2015June 22, 2016=◇◇◇
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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 — $1,500
Written 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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable 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 Intelligence
Adviser 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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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
225 figures on this page: 213 cited to the filing that reported them, 12 calculated from figures it prints.
213 cited to the filing
12 calculated from the filing

Documents cited

  1. 0001193125-26-292529
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001140361-26-021041
    Director 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
  3. 0001193125-25-155484
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001140361-25-018639
    Summary Compensation Table · Summary Compensation Table for Fiscal Year 2025
  5. 0001193125-24-175611
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001140361-24-026856
    Summary Compensation Table for Fiscal Year 2024
  7. 0001193125-23-178564
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001140361-23-024694
    Summary Compensation Table for Fiscal Year 2023
  9. 0001193125-22-196347
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001387131-21-009357
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001193125-20-194723
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001193125-19-180062
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-18-202603
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001193125-17-211742
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001193125-16-631548
    Item 5.07 Submission of Matters to a Vote of Security Holders
  16. 0001193125-26-098466
    Employment Agreement
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Velarion, “Box Inc executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/BOX (accessed 2026).
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

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.Nutanix, Inc.PagerDuty, Inc.Qualys, Inc.Teradata CorporationDigitalOcean Holdings, Inc.Procore Technologies, Inc.Tenable Holdings, Inc.Varonis Systems, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
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}
}
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