Dropbox (NASDAQ: DBX) awards director 9,071 restricted stock units
Rhea-AI Filing Summary
Moore Andrew William reported acquisition or exercise transactions in this Form 4 filing.
Dropbox, Inc. director Andrew William Moore received an award of 9,071 shares of Class A Common Stock in the form of restricted stock units. These units were granted at no cash cost and will vest in full on the earlier of May 21, 2027 or the day prior to Dropbox’s next annual stockholder meeting, providing him with time-based equity compensation aligned with board service.
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Insider Trade Summary
Net Buyer: 9,071 shares
Net Buy
1 txn
Insider
Moore Andrew William
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 — 9,071 shares (Direct)
Footnotes (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.
Key Figures
RSUs granted: 9,071 units
Grant price: $0.00 per share
Shares after transaction: 9,071 shares
+1 more
4 metrics
RSUs granted
9,071 units
Restricted stock unit award to director on May 21, 2026
Grant price
$0.00 per share
Compensatory equity grant, not an open-market purchase
Shares after transaction
9,071 shares
Total Class A Common Stock reported following grant
Vesting date
May 21, 2027
RSUs vest on this date or earlier if before next annual meeting
Key Terms
restricted stock units, Class A Common Stock, annual meeting of stockholders
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"
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.
annual meeting of stockholders financial
"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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Dropbox (DBX) report for Andrew William Moore?
Dropbox reported that director Andrew William Moore received 9,071 restricted stock units of Class A Common Stock. These equity awards are compensation, granted at no cash cost, and will vest based on his continued board service over time.
What are the vesting terms of Andrew William Moore’s Dropbox (DBX) restricted stock units?
The restricted stock units vest in full on the earlier of May 21, 2027 or the day before Dropbox’s next annual stockholder meeting. This time-based schedule ties Moore’s equity compensation to his ongoing service on the company’s board.