Peacock Karen 4
Research Summary
AI-generated summary
Dropbox (DBX) Director Karen Peacock Sells 4,000 Shares
What Happened
- Karen Peacock, a director of Dropbox, sold 4,000 shares of DBX on May 15, 2026 in an open-market transaction. The reported weighted average sale price was $26.50 per share for total proceeds of approximately $106,019. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-05-15; filing date: 2026-05-19 (timely filing).
- Transaction type/code: Sale (S) executed in multiple trades at prices ranging from $26.125 to $26.86; $26.50 is the weighted average price.
- Footnotes: (F1) Sale executed pursuant to a Rule 10b5-1 trading plan adopted December 10, 2025. (F2) Multiple-trade execution — reporter will provide detailed trade-by-trade information upon request.
- Shares owned after the transaction: Not specified in the provided filing.
Context
- The sale was carried out under a pre-established 10b5-1 trading plan, which means the trades were planned in advance per the filing; such plans are commonly used to avoid timing-based questions but do not indicate insider views by themselves. The filing does not indicate 10% owner status.
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