Is casting to an interface a boxing conversion?

I have an interface IEntity

public interface IEntity{
    bool Validate();
}

And I have a class Employee which implements this interface

public class Employee : IEntity{
    public bool Validate(){ return true; }
}

Now if I have the following code

Employee emp1 = new Employee();
IEntity ent1 = (IEntity)emp1; // Is this a boxing conversion?

If it is not a boxing conversion then how does the cast work?