[SCHEDULE 13G/A] Dropbox, Inc. SEC Filing

Rhea-AI Filing Summary

Dropbox received a Schedule 13G/A from Ameriprise Financial, Inc. and Columbia Management Investment Advisers, LLC reporting passive holdings in its Class A common stock. Ameriprise reports aggregate beneficial ownership of 6,724,130 shares (about 3.3% of the class) while Columbia Management reports 6,447,899 shares (about 3.2%). Both filings show no sole voting or dispositive power and list primarily shared voting and dispositive power. The filing notes Ameriprise is the parent of Columbia Management and includes those reported shares, though each disclaims beneficial ownership. Signatures are dated 08/14/2025 and the reportable event date is 06/30/2025. Exhibits identify subsidiaries and a joint filing agreement.

Item 10 certifies the securities were acquired and are held in the ordinary course of business and not to influence control of the issuer.

Insights

Financial Analyst

Passive institutional stakes (~3%) reported; informational filing without control intent.

The Schedule 13G/A discloses that Ameriprise Financial reports 6,724,130 Dropbox Class A shares (~3.3%) and Columbia Management reports 6,447,899 shares (~3.2%). These positions are below 5% thresholds that typically trigger greater market attention for influence or control. The cover page shows shared voting and dispositive power rather than sole authority, and Item 10 explicitly states the holdings are in the ordinary course of business and not intended to influence control. For investors, this is a routine institutional ownership disclosure useful for tracking holders but not indicative of imminent governance change.

Corporate Governance Expert

Schedule 13G/A signals passive ownership; no activist intent or change-in-control signals present.

The filing classifies Ameriprise as a parent holding company (HC) and Columbia Management as an investment adviser (IA), and it incorporates exhibits identifying subsidiaries and a joint filing agreement. Both reporting persons disclaim beneficial ownership while including aggregated counts, and the certification in Item 10 affirms no purpose of influencing control. From a governance perspective, the disclosure increases transparency about institutional positions but does not suggest coordinated efforts to alter Dropbox's board or strategy.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

Dropbox, Inc

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

26210C104

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 26210C104

1

Names of Reporting Persons

Ameriprise Financial, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,236,878.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,724,130.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,724,130.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.3 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 26210C104

1

Names of Reporting Persons

Columbia Management Investment Advisers, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,236,727.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,447,899.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,447,899.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.2 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Dropbox, Inc
(b)	Address of issuer's principal executive offices: 1800 Owens Street, San Francisco, California 94158
Item 2.
(a)	Name of person filing: (a) Ameriprise Financial, Inc. ("AFI") (b) Columbia Management Investment Advisers, LLC ("CMIA")
(b)	Address or principal business office or, if none, residence: (a) 145 Ameriprise Financial Center, Minneapolis, MN 55474 (b) 290 Congress Street, Boston, MA 02210
(c)	Citizenship: (a) Delaware (b) Minnesota
(d)	Title of class of securities: Class A Common Stock
(e)	CUSIP No.: 26210C104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Incorporated by reference to Items (5)-(9) and (11) of the cover page pertaining to each reporting person. AFI, as the parent company of CMIA, may be deemed to beneficially own the shares reported herein by CMIA. Accordingly, the shares reported herein by AFI include those shares separately reported herein by CMIA. Each of AFI and CMIA disclaims beneficial ownership of any shares reported on this Schedule.
(b)	Percent of class: The information required by Item 4(b) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
	(ii) Shared power to vote or to direct the vote: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
	(iii) Sole power to dispose or to direct the disposition of: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
	(iv) Shared power to dispose or to direct the disposition of: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. AFI: See Exhibit I
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Ameriprise Financial, Inc.

Signature:	/s/ Michael G. Clarke
Name/Title:	Michael G. Clarke, Senior Vice President, North America Head of Operations & Investor Services
Date:	08/14/2025

Columbia Management Investment Advisers, LLC

Signature:	/s/ Michael G. Clarke
Name/Title:	Michael G. Clarke, Senior Vice President, North America Head of Operations & Investor Services
Date:	08/14/2025

Comments accompanying signature: Contact Information Charles Chiesa VP Fund Treasurer Global Operations and Investor Services Telephone: 617-385-9593 Exhibit Index Exhibit I Identification and Classification of the Subsidiaries which Acquired the Security Being Reported on by the Parent Holding Company. Exhibit II Joint Filing Agreement

FAQ

Who filed the Schedule 13G/A for Dropbox (DBX)?

The filing was made by Ameriprise Financial, Inc. and Columbia Management Investment Advisers, LLC.

How many Dropbox (DBX) shares are reported and what percent of the class do they represent?

Ameriprise reports 6,724,130 shares (~3.3%) and Columbia Management reports 6,447,899 shares (~3.2%).

Does the filing indicate an intent to influence control of Dropbox (DBX)?

No. Item 10 certifies the securities were acquired in the ordinary course of business and not to influence control of the issuer.

What are the relevant dates on the filing?

The reportable event date listed is 06/30/2025 and the signatures on the amendment are dated 08/14/2025.

Are there exhibits attached to the Schedule 13G/A?

Yes. The filing references Exhibit I (identification/classification of subsidiaries) and Exhibit II (joint filing agreement).