Dropbox (DBX) director awarded 9,071 RSUs vesting by 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Campbell Lisa M reported acquisition or exercise transactions in this Form 4 filing.
Dropbox, Inc. director Lisa M. Campbell reported receiving a grant of 9,071 shares of Class A Common Stock in the form of restricted stock units at no cash cost per share. After this award, she directly holds 24,069 shares.
Each restricted stock unit represents the right to receive one share of Class A Common Stock and vests in full on the earlier of May 21, 2027 or the day prior to Dropbox’s next annual meeting of stockholders. Unvested restricted stock units are subject to cancellation if she ceases to be a service provider before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Campbell Lisa M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,071 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 24,069 shares (Direct, null)
Footnotes (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 in full on the earlier of May 21, 2027 or the day prior to the date of the Issuer's next annual meeting of stockholders. 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 May 21, 2027 or the day prior to the date of the Issuer's next annual meeting of stockholders. 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
RSU grant size: 9,071 shares
Post-transaction holdings: 24,069 shares
Grant price: $0.00 per share
+1 more
4 metrics
RSU grant size
9,071 shares
Restricted stock units of Class A Common Stock granted May 21, 2026
Post-transaction holdings
24,069 shares
Direct Class A Common Stock holdings after the grant
Grant price
$0.00 per share
Reported transaction price per share for the RSU award
RSU vesting date
May 21, 2027
Vests on earlier of this date or day prior to next annual meeting
Key Terms
restricted stock units, Class A Common Stock, annual meeting of stockholders
3 terms
restricted stock units financial
"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."
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.
Class A Common Stock financial
"Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
annual meeting of stockholders financial
"The restricted stock units vest in full on the earlier of May 21, 2027 or the day prior to the date of the Issuer's next annual meeting of stockholders."
FAQ
What insider transaction did Dropbox (DBX) disclose for Lisa M. Campbell?
Dropbox disclosed that director Lisa M. Campbell received 9,071 restricted stock units of Class A Common Stock. These stock units were granted at no cash cost and increased her direct holdings to 24,069 shares, according to the Form 4 insider filing.
What are the vesting terms of the new Dropbox (DBX) restricted stock units?
The 9,071 restricted stock units vest in full on the earlier of May 21, 2027 or the day prior to Dropbox’s next annual meeting of stockholders. Vesting must occur while Lisa M. Campbell continues as a service provider to the company.
What happens to unvested Dropbox (DBX) restricted stock units if service ends?
If Lisa M. Campbell ceases to be a service provider before vesting, any unvested restricted stock units will be cancelled. This condition applies to restricted stock units subject to the vesting schedule through May 21, 2027 or the day prior to the next annual meeting.