Dasdan Ali 4
4 · DROPBOX, INC. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Dropbox (DBX) CTO Dasdan Ali Sells Shares
What Happened
Dasdan Ali, Chief Technology Officer of Dropbox (DBX), reported dispositions in mid-May 2026. On May 15, 2026, 19,254 shares were withheld by the issuer to satisfy tax withholding related to the vesting/net settlement of restricted stock units (RSUs) (19,254 shares @ $26.20 = $504,455). On May 18, 2026, Ali sold a total of 5,666 shares in open-market transactions for combined proceeds of about $156,156 (2,700 shares @ $27.28 = $73,650; 2,966 shares @ $27.82 = $82,506). These are sales (not purchases), so they are routine dispositions rather than an indicated purchase signal.
Key Details
- Transaction dates: May 15, 2026 (RSU tax withholding); May 18, 2026 (open-market sales). Filing date: May 19, 2026 (timely).
- Reported prices/values: 19,254 @ $26.20 = $504,455 (withheld); 2,700 @ $27.28 = $73,650; 2,966 @ $27.82 = $82,506. Open-market sales total ≈ $156,156.
- Footnotes: tax withholding/net settlement of RSUs (F1); certain securities are RSUs with vesting schedule through Nov 15, 2030 (F2); the May 18 sales were made under a Rule 10b5-1 trading plan adopted May 12, 2025 (F3). Reported per-share prices for the May 18 sales are weighted averages reflecting multiple trades in ranges (F4/F5).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Timeliness: Filing appears timely (transactions reported on Form 4 filed May 19, 2026).
Context
- The May 15 transaction was a tax-withholding/net settlement of vested RSUs (shares withheld by the company to pay taxes), not a market-sale decision.
- The May 18 sales were executed under a pre-established Rule 10b5-1 plan, which schedules sales in advance and is commonly used by insiders to avoid trading on non-public information.
- These transactions are disposals (sales), so they do not constitute an insider purchase signal.
Insider Transaction Report
Form 4
Dasdan Ali
Chief Technology Officer
Transactions
- Tax Payment
Class A Common Stock
[F1][F2]2026-05-15$26.20/sh−19,254$504,455→ 520,277 total - Sale
Class A Common Stock
[F3][F4][F2]2026-05-18$27.28/sh−2,700$73,650→ 517,577 total - Sale
Class A Common Stock
[F3][F5][F2]2026-05-18$27.82/sh−2,966$82,506→ 514,611 total
Footnotes (5)
- [F1]Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock units previously reported.
- [F2]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 November 15, 2030. 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.
- [F3]These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025.
- [F4]This transaction was executed in multiple trades at prices ranging from $26.55 to $27.54. 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]This transaction was executed in multiple trades at prices ranging from $27.55 to $28.02. 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.
Signature
/s/ Cara Angelmar, Attorney-in-Fact|2026-05-19