Dropbox (NASDAQ: DBX) investor plans Rule 144 sale of 1,462 shares

Rhea-AI Filing Summary

Sarah Schubach has filed a Rule 144 notice to sell 1,462 shares of Dropbox (DBX) common stock. The planned sale, valued at $37,763.46, is to be executed through Morgan Stanley Smith Barney on NASDAQ, with 182,734,460 common shares outstanding.

These shares were acquired as restricted stock units on November 15, 2025. The filing also lists five prior Rule 10b5-1 sales of 1,168 shares each between November 20, 2025 and January 15, 2026, reflecting a pre-arranged trading plan.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1462	37763.46	182734460	01/30/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/15/2025	Restricted Stock Units	Issuer			1462	11/15/2025	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for SARAH SCHUBACH 1800 Owens Street San Francisco CA 94158	Common	01/15/2026	1168	31349.12
10b5-1 Sales for SARAH SCHUBACH 1800 Owens Street San Francisco CA 94158	Common	12/29/2025	1168	32563.84
10b5-1 Sales for SARAH SCHUBACH 1800 Owens Street San Francisco CA 94158	Common	12/15/2025	1168	33112.80
10b5-1 Sales for SARAH SCHUBACH 1800 Owens Street San Francisco CA 94158	Common	12/01/2025	1168	34572.80
10b5-1 Sales for SARAH SCHUBACH 1800 Owens Street San Francisco CA 94158	Common	11/20/2025	1168	34374.24

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the DBX Rule 144 filing by Sarah Schubach disclose?

It discloses a planned sale of 1,462 Dropbox common shares under Rule 144. The shares, valued at $37,763.46, will be sold through Morgan Stanley Smith Barney on NASDAQ, following acquisition as restricted stock units on November 15, 2025.

How many Dropbox (DBX) shares is Sarah Schubach planning to sell?

She plans to sell 1,462 shares of Dropbox common stock. The filing lists an aggregate market value of $37,763.46 for this block, to be sold on or about January 30, 2026, via Morgan Stanley Smith Barney on the NASDAQ exchange.

What prior Dropbox share sales are reported for Sarah Schubach?

The filing reports five prior Rule 10b5-1 sales of 1,168 Dropbox common shares each. These occurred between November 20, 2025 and January 15, 2026, with listed gross proceeds ranging from $31,349.12 to $34,572.80 per transaction.

How many Dropbox (DBX) shares are outstanding in this Rule 144 notice?

The notice states that 182,734,460 Dropbox common shares are outstanding. This figure provides context for the planned 1,462-share sale by Sarah Schubach, showing the relative size of the transaction within the company’s total common stock.

How were the Dropbox shares in Sarah Schubach’s Rule 144 sale acquired?

The 1,462 Dropbox common shares were acquired as restricted stock units on November 15, 2025 from the issuer. The filing notes the nature of the acquisition as “Restricted Stock Units” and lists the same date for acquisition and payment.

Which broker will handle the planned Dropbox (DBX) share sale?

The Rule 144 notice identifies Morgan Stanley Smith Barney LLC Executive Financial Services as the broker. Their listed office is at 1 New York Plaza, 8th Floor, New York, NY 10004, and the sale is expected to occur on the NASDAQ exchange.