Alkarmi Ashraf 4

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.