Dropbox grants CLO 28,945 RSUs vesting 2027

Dropbox’s chief legal officer received a new restricted stock unit award that vests in 2027, increasing his equity-based holdings in DBX.

Rhea-AI Filing Summary

DROPBOX, INC. (symbol: DBX) is the issuer of record for a Form 4 filing submitted to the SEC. Yoon William T reported acquisition or exercise transactions in this Form 4 filing.

DROPBOX, INC. (DBX) reported that Chief Legal Officer William T. Yoon received a grant of 28,945 restricted stock units of Class A Common Stock on September 1, 2026, at no cash price. These RSUs vest on August 15, 2027. After this award, he holds 379,075 Class A-related securities, including RSUs that vest on schedules extending through February 15, 2030. No Rule 10b5-1 trading plan is indicated for this compensation grant.

Insider Trade Summary

Grant/Award: 28,945 shares

Grant/Award 1 txn

Insider Yoon William T

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock F1, F2	28,945	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 379,075 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 on August 15, 2027.
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, 2030. 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

Restricted stock units granted: 28,945 units Vesting date for new RSUs: August 15, 2027 Holdings after transaction: 379,075 shares/RSUs +2 more

5 metrics

Restricted stock units granted 28,945 units RSU award to Chief Legal Officer on September 1, 2026

Vesting date for new RSUs August 15, 2027 All 28,945 RSUs vest on this date

Holdings after transaction 379,075 shares/RSUs Total Class A-related securities owned directly after the award

Longest RSU vesting horizon February 15, 2030 Certain RSUs vest under schedules extending through this date

Transaction price per RSU $0.00 Equity compensation grant with no cash price per share

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"

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"

FAQ

What equity award did Dropbox (DBX) grant to Chief Legal Officer William T. Yoon?

Dropbox granted 28,945 restricted stock units of Class A Common Stock to Chief Legal Officer William T. Yoon on September 1, 2026, as a grant or award acquisition with no cash exercise price reported.

When do the newly granted RSUs to the Dropbox (DBX) chief legal officer vest?

The newly granted 28,945 restricted stock units vest on August 15, 2027. Upon vesting, each RSU entitles the reporting person to receive one share of Dropbox Class A Common Stock.

How many Dropbox (DBX) shares and RSUs does William T. Yoon hold after this Form 4 transaction?

Following the reported award, William T. Yoon holds 379,075 Class A-related securities, which include restricted stock units that are subject to various vesting schedules extending through February 15, 2030.

Are the Dropbox (DBX) restricted stock units subject to forfeiture if employment ends?

Yes. Certain RSUs are subject to vesting schedules through February 15, 2030, and the filing states that if the reporting person ceases to be a Service Provider, any unvested restricted stock units will be cancelled by Dropbox.

Was the Dropbox (DBX) Form 4 transaction made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox as not affirmed (unchecked), and there is no footnote stating that the reported award was made pursuant to a Rule 10b5-1 trading plan.

What does each restricted stock unit represent in this Dropbox (DBX) filing?

Each restricted stock unit reported in the filing represents the reporting person’s right to receive one share of Dropbox Class A Common Stock, subject to the specified vesting dates and continued status as a Service Provider.

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

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Available on EDGAR 09/03/2026 - 05:28 PM Accepted by SEC EDGAR 09/03/2026 - 05:26 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^*

Yoon William T

(Last) (First) (Middle)

50 HAWTHORNE STREET

(Street)

SAN FRANCISCO CALIFORNIA 94105

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

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	09/01/2026		A		28,945(1)	A	$0	379,075(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 on August 15, 2027.

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, 2030. 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	09/03/2026
	** 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)