[144] Dropbox, Inc. SEC Filing
Rhea-AI Filing Summary
Dropbox, Inc. (DBX) Form 144 shows a proposed sale of 2,000 shares of common stock through Morgan Stanley Smith Barney LLC, scheduled approximately for 09/08/2025 on NASDAQ with an aggregate market value listed as $59,740.00. The filing reports 193,414,444 shares outstanding. The 2,000 shares were acquired as restricted stock units (RSUs) from the issuer on 05/17/2023. The form indicates there were no securities sold in the past three months by the reporting person. Several identifying fields (filer name/CIK and issuer address/contact details) are not provided in the visible content.
Positive
- Transaction details provided: acquisition date (05/17/2023), nature (RSUs), broker, proposed sale date, and aggregate value are included
- No recent sales: the filer reports "Nothing to Report" for securities sold in the past three months
Negative
- Missing identifying information: filer name/CIK and issuer contact fields are not present in the provided extract
- Limited context: the filing excerpt does not include the name of the person for whose account the securities are to be sold
Insights
TL;DR: A small, clearly documented proposed sale of RSU-derived shares; immaterial to company capitalization but demonstrates planned insider liquidity.
The filing documents a proposed sale of 2,000 common shares valued at $59,740, derived from RSUs granted 05/17/2023 and executed through Morgan Stanley Smith Barney LLC on Nasdaq around 09/08/2025. Compared with the reported 193,414,444 shares outstanding, this lot is tiny in absolute and relative terms. The filing includes the acquisition date and nature (RSUs), which helps link the shares to compensation, but several issuer/filer identification fields are blank in the provided extract, reducing traceability.
TL;DR: Routine Rule 144 notice documenting disposition of compensation shares; disclosure is standard but filing lacks some identifying details in the excerpt.
The notice conforms to Rule 144 structure: it lists brokerage, share count, acquisition as restricted stock units, and a representation about material nonpublic information. This supports compliance with resale requirements for restricted securities. However, the absence of the filer name/CIK and complete issuer contact information in the provided content limits the filing's standalone completeness for stakeholder review.