STOCK TITAN

Dropbox, Inc. (DBX) CTO completes 12,972-share sale under 10b5-1 plan

(Moderate)
(Negative)
Form Type
4

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 Dasdan Ali
Role Chief Technology Officer
Sold 12,972 shs ($389K)
Type Security Shares Price Value
Sale Class A Common Stock 12,972 $30.00 $389K
Holdings After Transaction: Class A Common Stock — 501,639 shares (Direct)
Footnotes (1)
  1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025. 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.
Shares sold 12,972 shares Class A Common Stock sold on July 14, 2026 in an open-market transaction
Sale price $30.00 per share Price received per share for the July 14, 2026 Class A Common Stock sale
Shares held after transaction 501,639 shares Direct Class A Common Stock ownership following the July 14, 2026 sale
RSU vesting end date November 15, 2030 End of vesting schedule for certain restricted stock units held by the reporting person
Rule 10b5-1 trading plan regulatory
"shares were sold pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"Certain of these securities are restricted stock units. Each restricted stock unit"
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.
Service Provider regulatory
"In the event the Reporting Person ceases to be a Service Provider, the unvested"

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

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FAQ

What insider transaction did Dropbox (DBX) Chief Technology Officer Ali Dasdan report?

Ali Dasdan reported selling 12,972 shares of Dropbox Class A Common Stock at $30.00 per share on July 14, 2026. The sale was an open-market transaction disclosed in a Form 4 insider report.

Was Ali Dasdan’s Dropbox (DBX) stock sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on May 12, 2025. Such pre-arranged plans automate trades and can reduce the significance of transaction timing.

How many Dropbox (DBX) shares does Ali Dasdan hold after this Form 4 transaction?

Following the reported sale, Ali Dasdan holds 501,639 shares of Dropbox Class A Common Stock directly. This post-transaction ownership reflects his remaining equity stake after disposing of 12,972 shares in the open-market transaction.

What type of securities did Ali Dasdan trade in this Dropbox (DBX) Form 4?

The transaction involved Class A Common Stock of Dropbox, Inc. The filing also notes that certain of his remaining securities are restricted stock units, each representing the right to receive one share of Class A Common Stock upon vesting.

What is the vesting schedule for Ali Dasdan’s Dropbox (DBX) restricted stock units?

The filing explains that Ali Dasdan’s restricted stock units vest under an applicable schedule running through November 15, 2030. If he ceases to be a Service Provider, any unvested restricted stock awards and units will be cancelled by Dropbox.

What happens to Ali Dasdan’s unvested Dropbox (DBX) restricted stock units if he leaves the company?

If Ali Dasdan ceases to be a Service Provider, the unvested restricted stock awards and restricted stock units will be cancelled by Dropbox. Only vested units would remain eligible to settle into Class A Common Stock.
SEC Form 4
FORM 4UNITED 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).
X
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*
Dasdan Ali

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock07/14/2026S(1)12,972D$30501,639(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025.
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, 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.
Remarks:
/s/ Cara Angelmar, Attorney-in-Fact07/16/2026
** Signature of Reporting PersonDate
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)