Dropbox director granted 9,071 RSUs

Campbell Lisa M reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 9,071 shares

Grant/Award 1 txn

Insider Campbell Lisa M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	9,071	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 24,069 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 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.
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 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Dropbox (DBX) shares does Lisa M. Campbell hold after this grant?

After the grant, Lisa M. Campbell directly holds 24,069 shares of Dropbox Class A Common Stock. This total includes the newly awarded 9,071 restricted stock units, which convert one-for-one into shares when they vest under the stated vesting conditions.

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.

Are the Dropbox (DBX) shares in this Form 4 an open-market purchase?

No, the filing describes a grant of 9,071 restricted stock units classified as a grant, award, or other acquisition. The transaction price per share is shown as zero, indicating a compensation-related equity award rather than an open-market stock purchase.

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

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Accepted by SEC EDGAR 05/26/2026 - 04:55 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^*

Campbell Lisa M

(Last) (First) (Middle)

1800 OWENS STREET

SUITE 200

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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	05/21/2026		A		9,071(1)	A	$0	24,069(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 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.

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 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.

Remarks:

	/s/ Cara Angelmar, Attorney-in-Fact	05/26/2026
	** 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)