Dropbox CTO has shares withheld for taxes

Dropbox, Inc. Chief Technology Officer Ali Dasdan reported a tax-related share disposition involving Class A common stock.

Rhea-AI Filing Summary

Dropbox, Inc. Chief Technology Officer Ali Dasdan reported a tax-related share disposition involving Class A common stock. On February 17, 2026, 13,789 shares were withheld by Dropbox at a price of $24.53 per share to cover tax withholding and remittance obligations tied to vesting restricted stock units. After this tax-withholding disposition, Dasdan directly held 506,685 shares of Class A common stock. The filing notes that certain remaining holdings are restricted stock units scheduled to vest through February 15, 2029, which will be cancelled if he ceases to be a service provider.

Insider Trade Summary

Exercise Price or Tax Liability: 13,789 shares

Exercise Price or Tax Liability 1 txn

Insider Dasdan Ali

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	13,789	$24.53	$338K

Holdings After Transaction: Class A Common Stock — 506,685 shares (Direct)

Footnotes (2)

1. F1. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock units previously reported.
2. F2. Certain of these securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock, subject to the applicable vesting schedule through February 15, 2029. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock awards and restricted stock units will be cancelled by the Issuer.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Dropbox (DBX) CTO Ali Dasdan report in this Form 4?

Ali Dasdan reported a tax-withholding disposition of Dropbox Class A shares. The company withheld shares to cover taxes owed when previously granted restricted stock units vested, rather than executing an open-market sale.

How many Dropbox (DBX) shares were withheld for taxes in this filing?

The filing shows that 13,789 shares of Dropbox Class A common stock were withheld. These shares were used to satisfy tax withholding and remittance obligations triggered by the vesting and net settlement of restricted stock units.

At what price were the withheld Dropbox (DBX) shares valued?

The withheld shares were valued at $24.53 per share. This price is used to calculate the value of the 13,789 shares applied toward Ali Dasdan’s tax obligations arising from the vesting of restricted stock units.

How many Dropbox (DBX) shares does Ali Dasdan hold after this transaction?

After the tax-withholding disposition, Ali Dasdan directly holds 506,685 shares of Dropbox Class A common stock. This figure reflects his total direct ownership immediately following the reported Form 4 transaction.

Were these Dropbox (DBX) shares sold on the open market?

No, the shares were withheld by Dropbox, not sold on the open market. The company retained 13,789 shares to satisfy Dasdan’s tax obligations from the vesting of restricted stock units previously reported.

What does the Form 4 say about Ali Dasdan’s restricted stock units at Dropbox (DBX)?

The Form 4 notes that certain securities are restricted stock units, each representing one Class A share, vesting under a schedule that runs through February 15, 2029. Unvested units will be cancelled if he stops being a service provider.

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

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Accepted by SEC EDGAR 02/19/2026 - 06:22 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dasdan Ali

(Last) (First) (Middle)

1800 OWENS STREET

SUITE 200

(Street)

SAN FRANCISCO CA 94158

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DROPBOX, INC. [ DBX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/17/2026		F(1)		13,789	D	$24.53	506,685(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock units previously reported.

2. Certain of these securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock, subject to the applicable vesting schedule through February 15, 2029. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock awards and restricted stock units will be cancelled by the Issuer.

Remarks:

	/s/ Cara Angelmar, Attorney-in-Fact	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.