Dropbox officer plans sale of 97,558 shares
Rhea-AI Filing Summary
DROPBOX, INC. (DBX) was named as the issuer in a notice that officer Ross Tennenbaum intends to sell 97,558 shares of common stock under Rule 144 through Morgan Stanley Smith Barney LLC. The shares, with an aggregate market value of $3,374,531.22, relate to restricted stock units that vested between February 17, 2026 and August 15, 2026.
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Key Figures
Shares to be sold: 97,558 shares
Aggregate market value of shares to be sold: $3,374,531.22
Shares outstanding: 150,561,680 shares
+2 more
5 metrics
Shares to be sold
97,558 shares
Common stock covered by the Rule 144 notice for Ross Tennenbaum
Aggregate market value of shares to be sold
$3,374,531.22
Value associated with the 97,558 DBX shares listed in the notice
Shares outstanding
150,561,680 shares
Dropbox, Inc. common shares listed as outstanding in the Rule 144 information
RSU vesting period
February 17, 2026 – August 15, 2026
Period during which RSUs vested that generated the shares to be sold
Date of notice
September 10, 2026
Date on which the Rule 144 notice of proposed sale was signed and dated
Key Terms
Rule 144, restricted stock units, aggregate market value
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
"The securities to be sold were acquired upon the vesting of restricted stock units"
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 | Morgan Stanley Smith Barney LLC ... | 97558 | 3374531.22 |"
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.
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