Alkarmi Ashraf 4

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.