Dropbox CTO sells 12,972 shares under trading plan
Dropbox, Inc. Chief Technology Officer Ali Dasdan reported an open-market sale of 12,972 shares of Class A Common Stock on July 14, 2026 at $30.00 per share, executed under a Rule 10b5-1 trading plan adopted on May 12, 2025.
Rhea-AI Filing Summary
Dropbox, Inc. Chief Technology Officer Ali Dasdan reported an open-market sale of 12,972 shares of Class A Common Stock on July 14, 2026 at $30.00 per share, executed under a Rule 10b5-1 trading plan adopted on May 12, 2025.
After the transaction, he holds 501,639 shares directly. Certain holdings are restricted stock units, each representing one Class A share, vesting through November 15, 2030, with any unvested units cancelled if he ceases to be a Service Provider.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 12,972 | $30.00 | $389K |
Footnotes (2)
- F1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025.
- 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, 2030. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock awards and restricted stock units will be cancelled by the Issuer.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
restricted stock units financial
Service Provider regulatory
FAQ
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What insider transaction did Dropbox (DBX) Chief Technology Officer Ali Dasdan report?
Was Ali Dasdan’s Dropbox (DBX) stock sale made under a Rule 10b5-1 trading plan?
What type of securities did Ali Dasdan trade in this Dropbox (DBX) Form 4?
What is the vesting schedule for Ali Dasdan’s Dropbox (DBX) restricted stock units?
What happens to Ali Dasdan’s unvested Dropbox (DBX) restricted stock units if he leaves the company?
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