Dropbox (DBX) CBO covers RSU taxes with 12,871 withheld shares

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

1 transaction reported

Mixed 1 txn

Insider Webster Eric T

Role Chief Business Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	12,871	$26.20	$337K

Holdings After Transaction: Class A Common Stock — 446,886 shares (Direct, null)

Footnotes (1)

1. 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. 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

Tax-withheld shares: 12,871 shares Withholding price: $26.20 per share Shares held after transaction: 446,886 shares +1 more

4 metrics

Tax-withheld shares 12,871 shares Shares withheld to satisfy RSU tax obligations

Withholding price $26.20 per share Value used for tax-withholding disposition

Shares held after transaction 446,886 shares Direct Class A holdings after tax withholding

Tax withholding shares (summary) 12,871 shares Reported in transaction summary as taxWithholdingShares

Key Terms

restricted stock units, tax withholding and remittance obligations, net settlement, service provider

4 terms

restricted stock units financial

"Certain of 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.

tax withholding and remittance obligations financial

"Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting..."

net settlement financial

"in connection with the vesting and net settlement of restricted stock units previously reported."

service provider financial

"In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled..."

Form 4 Insider Transactions: What Each Field Means →

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^*

Webster Eric T

(Last) (First) (Middle)

1800 OWENS STREET

(Street)

SAN FRANCISCO CALIFORNIA 94158

(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 Business Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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	05/15/2026		F(1)		12,871	D	$26.2	446,886(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. 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.

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 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.

Remarks:

	/s/ Cara Angelmar, Attorney-in-Fact	05/19/2026
	** 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)

FAQ

What insider transaction did Dropbox (DBX) report for Eric T. Webster?

Dropbox reported a tax-withholding disposition for Eric T. Webster. The company withheld 12,871 Class A shares to satisfy tax obligations from restricted stock unit vesting, rather than an open-market sale, leaving him with 446,886 shares directly held afterward.

How many Dropbox (DBX) shares were withheld for Eric T. Webster’s taxes?

A total of 12,871 Class A shares were withheld. These shares covered tax withholding and remittance obligations tied to the vesting and net settlement of previously reported restricted stock units, based on a price of $26.20 per share.

Did Eric T. Webster sell Dropbox (DBX) shares on the open market?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Dropbox to meet tax liabilities from restricted stock unit vesting, which is a routine, non-market transaction often seen with equity compensation.

How many Dropbox (DBX) shares does Eric T. Webster hold after this transaction?

Eric T. Webster directly holds 446,886 Class A shares after the transaction. This figure reflects his position following the 12,871-share tax-withholding event connected to the vesting of restricted stock units granted as part of his compensation.

What are the terms of Eric T. Webster’s Dropbox (DBX) restricted stock units?

Certain reported securities are restricted stock units vesting through November 15, 2029. Each unit entitles him to one Class A share, subject to the vesting schedule. Any unvested restricted stock units are cancelled if he ceases to be a service provider.