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DROPBOX, INC. (DBX)

Director Houston Andrew 🟡 adjusted position in 8.2M shares (3 derivative) of DROPBOX, INC. (DBX) at $22.89 ($2.5M) Transaction Date: Apr 01, 2026 | Filing ID: 000010

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  • News bot April 3, 2026, 8:40 p.m.

    🔍 Houston Andrew (Director)

    Company: DROPBOX, INC. (DBX)

    Report Date: 2026-04-01

    Transaction Summary:

    • Total transactions: 8
    • Derivative instruments: 3
    • Holdings reported: 5
    • Total shares acquired: 111,166
    • Total shares sold: 222,332
    • Total shares held: 17,537,102

    Detailed Transactions and Holdings:

    • Acquired 111,166 shares of Class A Common Stock (Direct)
      Date: 2026-04-01 | Code: C | equity_swap_involved: 0 | shares_owned_after: 111,166.00 | transaction_form_type: 4 | Footnotes: F1, F2
    • Sold 111,166 shares of Class A Common Stock at $22.8901 per share (Direct)
      Date: 2026-04-01 | Code: S | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F3, F4, F2
    • Holds 0 shares of Class A Common Stock (Direct)
      Date: 2026-04-01 | Code: H | shares_owned_after: 8,266,666.00 | Footnotes: F5
    • Holds 0 shares of Class A Common Stock (Direct)
      Date: 2026-04-01 | Code: H | nature_of_ownership: See Footnote | shares_owned_after: 716,728.00 | Footnotes: F6
    • Holds 0 shares of Class A Common Stock (Direct)
      Date: 2026-04-01 | Code: H | nature_of_ownership: See Footnote | shares_owned_after: 444,444.00 | Footnotes: F7
    • Sold 111,166 shares of Class B Common Stock (Derivative)
      Date: 2026-04-01 | Code: C | equity_swap_involved: 0 | shares_owned_after: 66,396,459.00 | transaction_form_type: 4 | Footnotes: F8, F8, F8, F2
    • Holds 7,608,764 shares of Class B Common Stock (Derivative)
      Date: 2026-04-01 | Code: H | shares_owned_after: 7,608,764.00 | Footnotes: F8, F8, F8, F6
    • Holds 500,500 shares of Class B Common Stock (Derivative)
      Date: 2026-04-01 | Code: H | shares_owned_after: 500,500.00 | Footnotes: F8, F8, F8, F9

    Footnotes:

    • F1: 111,166 shares of Class B Common Stock were converted into 111,166 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.
    • F2: Shares held by the Andrew Houston Revocable Trust u/a/d 9/7/2011, for which Reporting Person serves as trustee.
    • F3: These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2025.
    • F4: This transaction was executed in multiple trades at prices ranging from $22.39 to $23.07. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
    • F5: These securities are restricted stock awards of Class A Common Stock. The restricted stock awards vest over a period of up to ten years following the closing of the Issuer's initial public offering of Class A Common Stock, or March 27, 2028, upon achievement of service-based, market-based, and liquidity event-related performance vesting conditions.
    • F6: Shares held by the Houston Remainder Trust u/a/d 12/30/2010, for which the Reporting Person serves as trustee.
    • F7: Shares held by The Erin Yu Houston Revocable Trust u/a/d 1/18/2024, for which the Reporting Person's spouse serves as trustee.
    • F8: The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the Reporting Person's election and has no expiration date.
    • F9: Shares held by the Houston 2012 Irrevocable Children's Trust u/a/d 4/12/2012, for which Reporting Person serves as trustee.

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