Dropbox (DBX) CLO William T. Yoon Receives 28,945 RSUs

What Happened

• William T. Yoon, Chief Legal Officer of Dropbox, received an award of 28,945 restricted stock units (RSUs) reported on Sep 1, 2026. The grant price is listed as $0.00, so the immediate reported cash value is $0 (the economic value will depend on Dropbox's stock price at vesting). This was an equity award (A = Award/Grant), not a purchase or sale.

Key Details

• Transaction date and price: 2026-09-01; 28,945 RSUs @ $0.00.
• Filing date: 2026-09-03 (covers the 2026-09-01 grant).
• Shares owned after transaction: not specified in the filed summary.
• Footnotes:
  • F1: The RSUs each represent the right to receive one share of Class A common stock and vest on August 15, 2027.
  • F2: Certain of the RSUs are subject to a vesting schedule through February 15, 2030 and will be cancelled if the reporting person ceases to be a service provider.
• Timeliness: The Form 4 was filed two days after the grant date and is not indicated as late.

Context

• RSUs are compensation awards that convert into actual shares only when they vest; they do not produce immediate proceeds unless sold after vesting. The eventual value depends on Dropbox's share price at each vesting date. These awards are common executive compensation and do not by themselves indicate buying or selling sentiment.