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Dropbox (NASDAQ: DBX) holder files to sell 1,306 common shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A shareholder of Dropbox, Inc. (DBX) has filed a notice to sell up to 1,306 shares of common stock under Rule 144, with Morgan Stanley Smith Barney LLC as broker and a planned sale date of 07/15/2026 on NASDAQ.

The shares to be sold were acquired on 05/15/2026 through Restricted Stock Units from the issuer. The filing also lists prior 10b5-1 sales over the past three months by Sarah Schubach, including 1,769 shares on 04/30/2026 and 1,306 shares on 05/19/2026.

Positive

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Planned shares to be sold 1,306 shares Common stock to be sold under Rule 144
Planned sale date 07/15/2026 Proposed sale date for the 1,306 shares
Acquisition date of RSU shares 05/15/2026 Date the 1,306 shares were acquired via Restricted Stock Units from the issuer
Recent 10b5-1 sale 04/30/2026 1,769 shares; 42367.55 10b5-1 sale reported in the past three months
Recent 10b5-1 sale 05/19/2026 1,306 shares; 36750.84 10b5-1 sale reported in the past three months
Recent 10b5-1 sale 06/30/2026 1,305 shares; 35378.55 10b5-1 sale reported in the past three months
Restricted Stock Units financial
"Common | 05/15/2026 | 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.
10b5-1 Sales regulatory
"10b5-1 Sales for SARAH SCHUBACH 50 Hawthorne Street"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

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

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FAQ

What does Dropbox (DBX) disclose in this Form 144 notice?

The notice discloses a planned sale of 1,306 Dropbox common shares under Rule 144, expected on 07/15/2026 through Morgan Stanley Smith Barney LLC, and lists several recent 10b5-1 sales by shareholder Sarah Schubach over the prior three months.

How many Dropbox (DBX) shares are planned to be sold and when?

The filing plans for the sale of up to 1,306 common shares of Dropbox on 07/15/2026. These shares will be sold on NASDAQ through Morgan Stanley Smith Barney LLC as broker, subject to applicable Rule 144 conditions.

How were the Dropbox (DBX) shares in this Form 144 acquired?

The 1,306 shares covered by the notice were acquired on 05/15/2026 as Restricted Stock Units from the issuer. The Form 144 identifies the acquisition source as the issuer and the security type as common stock.

Which broker is handling the planned Dropbox (DBX) Rule 144 sale?

The planned Rule 144 sale of 1,306 Dropbox shares will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, with trading to occur on NASDAQ.

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