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Dropbox officer plans $1.0M stock sale

An officer of Dropbox, Inc. has filed a Rule 144 notice covering potential sales of 28,800 common shares.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

DROPBOX, INC. (DBX) received a notice that officer Ashraf Alkarmi plans to sell shares of the company’s common stock under Rule 144. The notice covers 28,800 shares of common stock with an indicated aggregate market value of $1,009,440, to be sold through Morgan Stanley Smith Barney LLC on NASDAQ.

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Shares covered by Rule 144 notice 28,800 shares Common stock planned for sale under Rule 144
Aggregate market value $1,009,440 Value associated with 28,800 Dropbox common shares in the notice
Planned sale date reference August 15, 2026 Date shown in the securities-to-be-sold section
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 08/15/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
aggregate market value financial
"Common ... 28800 | 1009440.00 | 150561680"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing mean for DROPBOX, INC. (DBX)?

It states that officer Ashraf Alkarmi plans, under Rule 144, to sell up to 28,800 shares of Dropbox common stock through a broker on NASDAQ. It is a notice of a potential sale, not a confirmation that the shares have been sold.

How many DBX shares are covered by Ashraf Alkarmi’s Rule 144 notice?

The notice covers up to 28,800 shares of Dropbox common stock. This amount appears in the securities information and securities-to-be-sold sections associated with the planned Rule 144 transaction.

What is the aggregate market value of the DBX shares in this Form 144?

The filing lists an aggregate market value of approximately $1,009,440 for the 28,800 shares of Dropbox common stock that are planned for sale under Rule 144 through Morgan Stanley Smith Barney LLC.

Who is selling Dropbox (DBX) shares under this Rule 144 notice?

The person identified is Ashraf Alkarmi, listed as an officer of Dropbox, Inc. The shares are to be sold for this person’s account, with Morgan Stanley Smith Barney LLC named as the broker handling the transaction.

What type of Dropbox (DBX) securities are involved and how were they acquired?

The filing covers common stock related to Restricted Stock Units that were acquired from the issuer, Dropbox, Inc. The securities-to-be-sold section specifies Restricted Stock Units as the nature of acquisition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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