Dropbox (NASDAQ: DBX) exec lines up $378,262 stock sale
Rhea-AI Filing Summary
DROPBOX, INC. (DBX) is the issuer for a planned sale of common stock by officer Ali Dasdan under Rule 144. The notice covers up to 11,332 shares of common stock, relating to Restricted Stock Units, with a proposed sale date of August 18, 2026 on NASDAQ. It also reports a prior Rule 10b5-1 sale of 12,972 shares on July 14, 2026.
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Key Figures
Shares to be sold: 11,332 shares
Aggregate market value (planned sale): $378,262.16
Proposed sale date: 08/18/2026
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6 metrics
Shares to be sold
11,332 shares
Maximum Dropbox common shares covered by Ali Dasdan’s Rule 144 notice
Aggregate market value (planned sale)
$378,262.16
Value associated with 11,332 shares of Dropbox common stock in the Rule 144 filing
Proposed sale date
08/18/2026
Planned sale date for the Rule 144 transaction on NASDAQ
RSU-related shares
11,332 shares
Restricted Stock Units indicated as of 08/15/2026 in the securities-to-be-sold section
Prior 10b5-1 sale shares
12,972 shares
Shares of Dropbox common stock sold on 07/14/2026 under a 10b5-1 plan
Prior 10b5-1 sale value
$389,160.00
Total proceeds from the 12,972-share sale on 07/14/2026
Key Terms
Rule 144, Restricted Stock Units, 10b5-1
3 terms
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.
10b5-1 regulatory
"10b5-1 Sales for ALI DASDAN 50 Hawthorne Street"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
FAQ
What does the Form 144 filing for DBX disclose about Ali Dasdan's planned stock sale?
The Form 144 for DBX discloses that officer Ali Dasdan intends to sell up to 11,332 shares of Dropbox common stock under Rule 144, with a proposed sale date of August 18, 2026 on NASDAQ.
What prior 10b5-1 sale by Ali Dasdan in DBX stock is disclosed?
The filing reports that under a Rule 10b5-1 plan, Ali Dasdan sold 12,972 shares of Dropbox common stock on July 14, 2026, for total proceeds of $389,160.00 during the past three months.
AI-generated analysis. How Rhea-AI works. Not financial advice.