Dasdan Ali 4
4 · DROPBOX, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Dropbox CTO Ali Dasdan Sells 7,306 Shares
What Happened
Dasdan Ali, Chief Technology Officer of Dropbox, sold 7,306 shares of the company's common stock in an open-market transaction on February 26, 2026. The weighted-average sale price was $24.89 per share, for total proceeds of approximately $181,856. This was a sale (not a purchase or exercise).
Key Details
- Transaction date: February 26, 2026 (reported on Form 4 filed March 2, 2026). The filing was timely (filed within the required two business days).
- Aggregate shares sold: 7,306; weighted-average price: $24.89; total proceeds: ~$181,856.
- Execution details: Sale occurred in multiple trades at prices ranging from $24.49 to $25.29; the $24.89 figure is the weighted average. The reporting person offers to provide full per-trade details on request.
- Plan/authorization: Shares were sold pursuant to a Rule 10b5-1 trading plan adopted May 12, 2025 (pre-arranged sale plan).
- Shares owned after transaction: Not specified in this filing.
- Securities type: Some of the reported securities are restricted stock units (RSUs) that convert to one share each subject to vesting through February 15, 2029; unvested RSUs are cancellable if the reporting person leaves service.
Context
Sales executed under a Rule 10b5-1 plan are typically pre-scheduled and do not necessarily reflect the insider’s current view of the company. For retail investors, purchases generally convey more direct insider confidence than routine sales; this filing documents a routine, pre-planned disposition rather than a new investment.
Insider Transaction Report
Form 4
Dasdan Ali
Chief Technology Officer
Transactions
- Sale
Class A Common Stock
[F1][F2][F3]2026-02-26$24.89/sh−7,306$181,856→ 499,379 total
Footnotes (3)
- [F1]These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025.
- [F2]This transaction was executed in multiple trades at prices ranging from $24.49 to $25.29. 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.
- [F3]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 February 15, 2029. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock awards and restricted stock units will be cancelled by the Issuer.
Signature
/s/ Cara Angelmar, Attorney-in-Fact|2026-03-02