Dropbox (DBX) director Jenson Warren awarded 9,071 restricted stock units

Rhea-AI Filing Summary

JENSON WARREN reported acquisition or exercise transactions in this Form 4 filing.

Dropbox director Jenson Warren received a new equity grant in the form of restricted stock units. He was awarded 9,071 shares of Class A Common Stock at no purchase price, increasing his direct holdings to 20,253 shares reported in this filing. The new restricted stock units vest in full on the earlier of May 21, 2027 or the day prior to Dropbox’s next annual stockholder meeting, and certain existing restricted stock units follow an applicable vesting schedule through the same date, subject to continued service.

Insider Trade Summary

Net Buyer: 9,071 shares

Net Buy 1 txn

Insider JENSON WARREN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	9,071	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 20,253 shares (Direct)

Footnotes (2)

1. F1. 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. The restricted stock units vest in full on the earlier of May 21, 2027 or the day prior to the date of the Issuer's next annual meeting of stockholders.
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 May 21, 2027 or the day prior to the date of the Issuer's next annual meeting of stockholders. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.

Key Figures

RSUs granted: 9,071 shares Holdings after transaction: 20,253 shares Grant price: $0.0000 per share +1 more

4 metrics

RSUs granted 9,071 shares Restricted stock unit award of Class A Common Stock

Holdings after transaction 20,253 shares Total Class A Common Stock reported after grant

Grant price $0.0000 per share Reported price per share for RSU grant

Vesting date May 21, 2027 RSUs vest on this date or earlier day before next annual meeting

Key Terms

restricted stock units, Class A Common Stock, Service Provider

3 terms

restricted stock units financial

"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."

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.

Class A Common Stock financial

"Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Service Provider financial

"In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer."

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/26/2026 - 04:53 PM Learn about SEC filing dates

FAQ

What did Dropbox (DBX) director Jenson Warren report in this Form 4?

Jenson Warren reported an acquisition of 9,071 Class A Common Stock restricted stock units. These were granted at no purchase price and increase his direct holdings to 20,253 shares reported in this filing.

How many Dropbox (DBX) shares does Jenson Warren hold after this transaction?

After this grant, Jenson Warren is reported as directly holding 20,253 shares of Dropbox Class A Common Stock. This total includes the newly granted restricted stock units disclosed in the Form 4 filing.

What type of securities did Jenson Warren receive from Dropbox (DBX)?

He received restricted stock units representing Class A Common Stock of Dropbox. Each restricted stock unit converts into one share of Class A Common Stock upon vesting according to the specified vesting schedule.

When do Jenson Warren’s new Dropbox (DBX) restricted stock units vest?

The new restricted stock units vest in full on the earlier of May 21, 2027 or the day prior to Dropbox’s next annual stockholder meeting, aligning with the company’s standard director equity vesting framework.

Are Jenson Warren’s Dropbox (DBX) restricted stock units subject to forfeiture?

Yes. If Jenson Warren ceases to be a service provider before vesting, any unvested restricted stock units will be cancelled by Dropbox, as stated in the Form 4 footnotes.

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^*

JENSON WARREN

(Last) (First) (Middle)

1800 OWENS STREET

SUITE 200

(Street)

SAN FRANCISCO CALIFORNIA 94158

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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

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

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

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	05/21/2026		A		9,071(1)	A	$0	20,253(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. 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. The restricted stock units vest in full on the earlier of May 21, 2027 or the day prior to the date of the Issuer's next annual meeting of stockholders.

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 May 21, 2027 or the day prior to the date of the Issuer's next annual meeting of stockholders. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.

Remarks:

	/s/ Cara Angelmar, Attorney-in-Fact	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)