Dropbox CFO granted 28,945 RSUs vesting 2027

Dropbox’s CFO received a new restricted stock unit award that vests in 2027, bringing his reported equity holdings to 788,224 shares.

Rhea-AI Filing Summary

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

DROPBOX, INC. (DBX) reported that its Chief Financial Officer, Ross Tennenbaum, received a grant of 28,945 shares of Class A Common Stock in the form of restricted stock units on September 1, 2026. These restricted stock units vest on August 15, 2027, increasing his directly held and unvested equity position to 788,224 shares, with certain units vesting under a schedule that extends through November 15, 2029, and subject to forfeiture if he ceases to be a Service Provider.

Insider Trade Summary

Grant/Award: 28,945 shares

Grant/Award 1 txn

Insider Tennenbaum Ross

Role Chief Financial 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 — 788,224 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 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

Restricted stock units granted: 28,945 shares Post-transaction holdings: 788,224 shares RSU vesting date (new grant): August 15, 2027 +2 more

5 metrics

Restricted stock units granted 28,945 shares Grant of Class A Common Stock RSUs on September 1, 2026

Post-transaction holdings 788,224 shares Total Class A Common Stock (including RSUs) held directly after the grant

RSU vesting date (new grant) August 15, 2027 Vesting date for the 28,945 newly granted restricted stock units

Extended vesting schedule end November 15, 2029 Certain RSUs are subject to a vesting schedule through this date

Reported transaction price per share $0.00 per share Filed price for the RSU grant of 28,945 Class A Common Stock

Key Terms

restricted stock units, vesting schedule, 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.

vesting schedule financial

"subject to the applicable vesting schedule through November 15, 2029"

A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.

Service Provider financial

"In the event the Reporting Person ceases to be a Service Provider"

FAQ

What did Dropbox (DBX) disclose about CFO Ross Tennenbaum’s latest equity grant?

Dropbox disclosed that Chief Financial Officer Ross Tennenbaum received 28,945 restricted stock units of Class A Common Stock on September 1, 2026, as a grant/award acquisition with a reported per-share price of $0.00, reflecting a compensatory equity award rather than a market purchase.

When do the newly granted RSUs to the Dropbox (DBX) CFO vest?

The newly granted restricted stock units to the Dropbox CFO vest on August 15, 2027. Each RSU represents the right to receive one share of Class A Common Stock upon vesting, according to the disclosure.

How many Dropbox (DBX) shares does the CFO hold after this Form 4 transaction?

After the reported transaction, Ross Tennenbaum is shown as having 788,224 shares of Class A Common Stock, including restricted stock units, held directly, with certain units vesting under schedules that run through November 15, 2029.

Are the Dropbox (DBX) CFO’s restricted stock units subject to forfeiture?

Yes. Dropbox states that certain restricted stock units will be cancelled if the CFO ceases to be a Service Provider before they vest, meaning unvested RSUs would not be delivered in that case.

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

No. The filing indicates that the Rule 10b5-1 checkbox is not marked, and no footnote states the transactions were made under a Rule 10b5-1 trading plan.

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

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Available on EDGAR 09/03/2026 - 05:32 PM Accepted by SEC EDGAR 09/03/2026 - 05:30 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^*

Tennenbaum Ross

(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 Financial 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	788,224(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 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	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)