Dasdan Ali 4

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.