Alkarmi Ashraf 4
4 · DROPBOX, INC. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Dropbox (DBX) General Manager Alkarmi Ashraf Sells 8,677 Shares
What Happened
Alkarmi Ashraf, General Manager, Core at Dropbox, had 8,677 shares withheld by the company to satisfy tax withholding related to the vesting and net settlement of restricted stock units (RSUs). The withheld shares were valued at $24.53 each for a total of $212,847. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-17; Filing date: 2026-02-19 (timely filing).
- Shares withheld/disposed: 8,677 at $24.53 per share; total value ~$212,847.
- Transaction code: F (shares withheld to satisfy tax withholding on RSU vesting).
- Shares owned after transaction: not specified in the provided filing summary.
- Relevant footnotes: F1 confirms shares were withheld by the issuer to satisfy tax remittance; F2 notes these are RSUs that vest through November 15, 2028 and unvested units are cancelled if the reporting person leaves service.
Context
This was a routine net-settlement/tax-withholding event tied to RSU vesting — common for employees receiving equity compensation — and does not indicate a discretionary sale by the insider. The filing shows no indication of a trading plan or 10b5-1 arrangement; it reflects standard payroll tax withholding upon vesting.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-02-17$24.53/sh−8,677$212,847→ 427,133 total
Footnotes (2)
- [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, 2028. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.