SEC Form 4 · accession 0002060166-26-000012
DROPBOX, INC. · DBX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ashraf Alkarmi
Officer — Co-CEO · Director
Period of report
Jun 1, 2026
Accepted (ET)
Jun 3, 2026 · 4:47 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001467623
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Jun 1, 2026 | A | 478,551 | $0.00 | A | 1,103,446 | D | |
| Class A Common StockF3,F2 | Jun 2, 2026 | S | 22,700 | $27.8633 | D | 1,080,746 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These 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) 13.83% of the shares on each of August 15, 2026 and November 15, 2026; (ii) 4.94% of the shares on February 15, 2027 and each three-month anniversary thereafter through November 15, 2027; (iii) 2.16% of the shares on February 15, 2028 and each three-month anniversary thereafter through November 15, 2028; (iv) 6.36% of the shares on February 15, 2029 and each three-month anniversary thereafter through November 15, 2029; and (v) 9.25% of the shares on each of February 15, 2030 and May 15, 2030.
- F2Certain 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 May 15, 2030. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.
- F3This transaction was executed in multiple trades at prices ranging from $27.82 to $28.01. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.