DROPBOX, INC.·4

Mar 2, 4:37 PM ET

Dasdan Ali 4

Research Summary

AI-generated summary

Updated

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.