Dropbox grants 231,680 RSUs to senior executive
Alkarmi Ashraf reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Alkarmi Ashraf reported acquisition or exercise transactions in this Form 4 filing.
Dropbox, Inc. reported that General Manager, Core, Ashraf Alkarmi received a grant of 231,680 shares of Class A Common Stock in the form of restricted stock units, as compensation rather than a cash purchase.
The units vest gradually through November 15, 2029 under a detailed quarterly schedule, and any unvested units are cancelled if he ceases to be a service provider. Following this grant, Alkarmi holds 646,341 shares of Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 231,680 shares
Grant/Award
1 txn
Insider
Alkarmi Ashraf
Role
General Manager, Core
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 231,680 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 646,341 shares (Direct)
Footnotes (2)
- 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 quarterly over four years as follows: (i) 8.67% of the shares on May 15, 2026 and each three-month anniversary thereafter through November 15, 2026; (ii) 6.5% of the shares on February 15, 2027 and each three-month anniversary thereafter through November 15, 2028; and (iii) 5.5% of the shares on February 15, 2029 and each three-month anniversary thereafter through November 15, 2029.
- 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 November 15, 2029. 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
RSU grant size: 231,680 shares
Post-grant holdings: 646,341 shares
Initial vesting rate: 8.67% quarterly
+2 more
5 metrics
RSU grant size
231,680 shares
Restricted stock units granted to Ashraf Alkarmi
Post-grant holdings
646,341 shares
Class A Common Stock held directly after transaction
Initial vesting rate
8.67% quarterly
Vesting on May 15, 2026 and each three-month anniversary through Nov 15, 2026
Mid-period vesting rate
6.5% quarterly
Vesting each three-month anniversary through Nov 15, 2028
Final vesting rate
5.5% quarterly
Vesting each three-month anniversary through Nov 15, 2029
Key Terms
restricted stock units, Class A Common Stock, vesting schedule, Service Provider
4 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.
vesting schedule financial
"The restricted stock units vest quarterly over four years as follows: (i) 8.67% of the shares on May 15, 2026 and each three-month anniversary thereafter..."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Dropbox (DBX) report for Ashraf Alkarmi?
Dropbox reported that General Manager, Core, Ashraf Alkarmi received a grant of 231,680 restricted stock units. Each unit represents one share of Class A Common Stock, increasing his direct holdings to 646,341 shares after the award.
What is the vesting schedule for Ashraf Alkarmi’s Dropbox (DBX) RSUs?
The RSUs vest quarterly over four years: 8.67% of shares on May 15, 2026 and each three-month anniversary through November 15, 2026, 6.5% quarterly through November 15, 2028, then 5.5% quarterly through November 15, 2029.
What happens to the unvested Dropbox (DBX) RSUs if Alkarmi leaves the company?
Unvested restricted stock units are cancelled if Alkarmi ceases to be a service provider. Only the RSUs that have already vested convert into Class A Common Stock; the remaining scheduled tranches are forfeited upon service termination.
Is this Dropbox (DBX) Form 4 a stock purchase or compensation grant?
The transaction is a compensation-related grant, not a market purchase. It is coded as an “A” transaction, meaning a grant or award, with a per-share price of $0.0000, showing equity given as part of his compensation package.
AI-generated analysis. How Rhea-AI works. Not financial advice.
