Dropbox CTO sells 7,306 shares in plan trade
Dropbox, Inc. Chief Technology Officer Ali Dasdan sold 7,306 shares of Class A common stock in an open-market transaction under a pre-arranged Rule 10b5-1 trading plan.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Dropbox, Inc. Chief Technology Officer Ali Dasdan sold 7,306 shares of Class A common stock in an open-market transaction under a pre-arranged Rule 10b5-1 trading plan. The shares were sold at a weighted average price of $24.8913 per share, leaving him with 499,379 shares of Class A common stock held directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,306 | $24.8913 | $182K |
Footnotes (3)
- F1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025.
- F2. This transaction was executed in multiple trades at prices ranging from $24.49 to $25.29. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3. 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
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What insider transaction did Dropbox (DBX) report for Ali Dasdan?
Was the Dropbox (DBX) insider sale by Ali Dasdan pre-planned?
Does Ali Dasdan have Dropbox restricted stock units (RSUs)?
AI-generated analysis. How Rhea-AI works. Not financial advice.