Dasdan Ali 4

What Happened

• Dasdan Ali, Chief Technology Officer of Dropbox, was granted 40,152 restricted stock units (RSUs) on April 1, 2026. The award price is reported as $0.00, so there was no cash paid or received at grant. Each RSU represents the right to receive one share of Class A common stock upon vesting.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (timely filing).
• Transaction type/code: A — Award/Grant of RSUs.
• Quantity and price: 40,152 RSUs at $0.00 (no immediate cash value).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Vesting and forfeiture: Per footnotes, RSUs vest over a multi-year schedule through November 15, 2030 (see details below). Unvested awards are subject to cancellation if the reporting person ceases to be a service provider.

Context

• These are time‑based restricted stock units — they do not convert into actual shares until they vest, so this is a compensation award rather than an open-market purchase or sale. Vesting (per footnote): 18.75% on Feb 15, 2029 and each three-month anniversary through Nov 15, 2029; then 6.25% on Feb 15, 2030 and each three-month anniversary through Nov 15, 2030. If Ali leaves the company before vesting, unvested RSUs will be cancelled.