Alkarmi Ashraf 4

4 · DROPBOX, INC. · Filed Apr 3, 2026

AI-generated summary of this filing

Updated Apr 3, 2026

Dropbox (DBX) GM Alkarmi Ashraf Receives 231,680 RSUs

What Happened

Alkarmi Ashraf, General Manager, Core at Dropbox, was granted 231,680 restricted stock units (RSUs) on 2026-04-01. The grant is reported at a grant price of $0.00 (compensation award), so there is no cash purchase or sale value reported at grant.

Key Details

Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (appears timely).
Transaction type/code: Award/Grant (A).
Shares granted: 231,680 RSUs; grant price shown as $0.00 (i.e., compensation award).
Shares owned after transaction: not specified in this filing.
Notable footnotes:
- Each RSU represents the right to receive one share of Class A common stock upon vesting.
- Vesting schedule (per filing): quarterly over four years — 8.67% on May 15, 2026 and each three-month anniversary through Nov 15, 2026; 6.5% on Feb 15, 2027 and each three-month anniversary through Nov 15, 2028; and 5.5% on Feb 15, 2029 and each three-month anniversary through Nov 15, 2029.
- If the reporting person ceases to be a service provider, unvested RSUs will be canceled.

Context

RSU grants are a form of compensation, not an open-market purchase (so they are not an immediate bullish purchase signal in the way a personal cash buy would be). RSUs convert to shares only as they vest; unvested units carry forfeiture risk if employment ends. This filing reports the grant itself rather than any sale or exercise.

Form 4

Period: 2026-04-01

DirectorCo-CEO

Transactions

Footnotes (2)

[F1]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. The restricted stock units vest quarterly over four years as follows: (i) 8.67% of the shares on May 15, 2026 and each three-month anniversary thereafter through November 15, 2026; (ii) 6.5% of the shares on February 15, 2027 and each three-month anniversary thereafter through November 15, 2028; and (iii) 5.5% of the shares on February 15, 2029 and each three-month anniversary thereafter through November 15, 2029.
[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, 2029. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.

Signature

/s/ Cara Angelmar, Attorney-in-Fact|2026-04-03

4 files