SEC Form 4 · accession 0002135005-26-000003
DROPBOX, INC. · DBX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Ivan Torres
Officer — Chief Product Officer
Period of report
Sep 1, 2026
Accepted (ET)
Sep 3, 2026 · 5:22 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 | Sep 1, 2026 | A | 842,316 | $0.00 | A | 842,316 | 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) 5.93% of the shares on November 15, 2026 and each three-month anniversary thereafter through August 15, 2027; (ii) 6.14% of the shares on November 15, 2027 and each three-month anniversary thereafter through August 15, 2028; (iii) 6.36% of the shares on November 15, 2028 and each three-month anniversary thereafter through August 15, 2029; and (iv) 6.57% of the shares on November 15, 2029 and each three-month anniversary thereafter through August 15, 2030.
- F2These 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 August 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.