Dropbox CBO has shares withheld for RSU taxes
Dropbox Chief Business Officer Eric T. Webster had 12,871 Class A shares withheld to cover taxes from RSU vesting, at a price of $26.20 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Dropbox Chief Business Officer Eric T. Webster had 12,871 Class A shares withheld to cover taxes from RSU vesting, at a price of $26.20 per share. This was a tax-withholding disposition, not an open-market trade. After the withholding, he directly holds 446,886 Class A shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 12,871 | $26.20 | $337K |
Footnotes (2)
- F1. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock units previously reported.
- 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
Key Terms
restricted stock units financial
tax withholding and remittance obligations financial
net settlement financial
service provider financial
FAQ
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What insider transaction did Dropbox (DBX) report for Eric T. Webster?
What are the terms of Eric T. Webster’s Dropbox (DBX) restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.