Dropbox, Inc. filings document the public-company disclosures of a Nasdaq-listed cloud storage and content collaboration software business. Its Form 8-K reports record quarterly and annual operating results, Regulation FD investor materials, and material corporate events tied to financing, capital structure, and executive officer appointments.
Dropbox proxy materials cover board matters, shareholder voting items, executive compensation, equity awards, and governance practices. Other filings describe secured credit facilities, delayed draw term loans, letter of credit capacity, convertible senior notes, share repurchase authorization, risk-related disclosures, and the company’s Class A common stock capital structure.
Dropbox CFO Ross Tennenbaum reported a tax-related share disposition. On the vesting of previously granted restricted stock units, 14,496 shares of Class A common stock were withheld by Dropbox at $24.53 per share to cover tax obligations. After this withholding, Tennenbaum directly holds 799,930 shares. Certain remaining holdings are in restricted stock units that vest on a set schedule through November 15, 2029, and any unvested units will be cancelled if his service ends.
Dropbox, Inc. Chief Accounting Officer Sarah Elizabeth Schubach reported two transactions in Class A Common Stock. On February 17, 2026, 3,505 shares were disposed of at $24.53 per share to cover tax withholding and remittance obligations tied to vesting restricted stock units. On February 18, 2026, she executed an open-market sale of 1,416 shares at $24.49 per share under a Rule 10b5-1 trading plan adopted on May 16, 2025. After these transactions, she continued to hold tens of thousands of shares directly, and certain holdings remain in the form of restricted stock units scheduled to vest through February 15, 2029, subject to continued service.
Dropbox reported 2025 results showing stronger profitability but slightly lower revenue. Full-year revenue was $2.521 billion, down 1.1%, though excluding FormSwift it inched up 0.2%. Fourth-quarter revenue was $636.2 million, also down 1.1%.
Margins improved meaningfully. Fiscal 2025 GAAP operating margin rose to 27.3% from 19.1%, and non-GAAP operating margin increased to 40.6% from 36.4%. GAAP net income grew to $508.4 million, while non-GAAP net income was $775.4 million. The quarter delivered a 25.5% GAAP operating margin and 38.2% non-GAAP margin.
Cash generation remained strong. Net cash provided by operating activities reached $951.8 million for the year, with unlevered free cash flow of $1.016 billion. Dropbox repurchased about 60.4 million shares for $1.7 billion in 2025, funded alongside higher term-loan borrowings and existing cash resources.
Dropbox, Inc. (DBX) reported proposed insider resale transactions under Form 144 by an affiliated person, Sarah Schubach, covering multiple 10b5-1 sales recorded between 12/01/2025 and 01/30/2026.
The entries show individual sale dates, share counts and dollar amounts for planned 10b5-1 dispositions; the filing lists a separate line for Restricted Stock Units dated 02/15/2026.
Dropbox, Inc. received an updated ownership report from Renaissance Technologies entities. Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation reported beneficial ownership of 8,376,364 shares of Dropbox Class A common stock, representing 4.58% of the class as of the event date.
The firms have sole voting and dispositive power over these shares, with no shared power reported. The securities are held in the ordinary course of business and are not held for the purpose of changing or influencing control of Dropbox.
Dropbox, Inc. CEO Andrew Houston, through a revocable trust, converted and sold shares in a planned trade. On February 2, 2026, the Andrew Houston Revocable Trust converted 164,502 shares of Class B Common Stock into 164,502 shares of Class A Common Stock at no cost.
The trust then sold the same 164,502 Class A shares at a weighted average price of $25.6598, under a Rule 10b5-1 trading plan adopted on March 12, 2025. After these transactions, entities associated with Houston continued to hold substantial interests, including 66,617,123 Class B shares indirectly via the revocable trust and 8,266,666 restricted Class A shares held directly as long-term awards subject to vesting conditions.
Dropbox, Inc. Chief Accounting Officer Sarah Elizabeth Schubach reported a sale of Class A common stock. On January 30, 2026, she sold 1,462 shares at $25.79 per share under a pre-arranged Rule 10b5-1 trading plan adopted on May 16, 2025.
After this transaction, she beneficially owned 91,240 shares of Dropbox Class A common stock, some of which are restricted stock units that vest on a schedule extending through February 15, 2029. Any unvested restricted stock units are subject to forfeiture if her service with the company ends.
A shareholder associated with the issuer has filed a Form 144 notice to sell 164,502 shares of common stock. The planned sale, to be executed through Morgan Stanley Smith Barney LLC on the NASDAQ, has an indicated aggregate market value of $4,191,510.96, with 182,734,460 shares of this class outstanding.
The shares are described as founders shares acquired from the issuer on 06/25/2007. Over the past three months, the Andrew Houston Revocable Trust has already sold multiple blocks of common stock under Rule 10b5-1, including 101,167 shares on 11/14/2025 and 92,668 shares on 01/02/2026 for multi-million dollar gross proceeds.
Sarah Schubach has filed a Rule 144 notice to sell 1,462 shares of Dropbox (DBX) common stock. The planned sale, valued at $37,763.46, is to be executed through Morgan Stanley Smith Barney on NASDAQ, with 182,734,460 common shares outstanding.
These shares were acquired as restricted stock units on November 15, 2025. The filing also lists five prior Rule 10b5-1 sales of 1,168 shares each between November 20, 2025 and January 15, 2026, reflecting a pre-arranged trading plan.
This Form 144 notice relates to the planned sale of 1,500 shares of common stock of DBX for the account of Timothy Regan. The shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ, with an aggregate market value of $38,745.00 and an approximate sale date of 01/30/2026.
The securities were acquired as restricted stock units from the issuer on 05/15/2025. The filing notes 182,734,460 shares of common stock outstanding. It also lists several recent sales under a Rule 10b5-1 sales plan for Timothy Regan, each for 1,500 common shares on dates from 11/14/2025 to 01/15/2026, with gross proceeds between $40,260.00 and $45,373.95.