4//SEC Filing
Houston Andrew 4
Accession 0001734563-26-000002
CIK 0001467623other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 5:05 PM ET
Size
250.7 KB
Accession
0001734563-26-000002
Insider Transaction Report
Form 4
Houston Andrew
DirectorChief Executive Officer10% Owner
Transactions
- Conversion
Class A Common Stock
2026-01-02+92,668→ 92,668 total(indirect: See Footnote) - Sale
Class A Common Stock
2026-01-02$26.79/sh−79,363$2,126,381→ 13,305 total(indirect: See Footnote) - Sale
Class A Common Stock
2026-01-02$27.58/sh−13,305$366,990→ 0 total(indirect: See Footnote) - Conversion
Class B Common Stock
2026-01-02−92,668→ 66,841,625 total(indirect: See foonote)→ Class A Common Stock (92,668 underlying)
Holdings
- 8,266,666
Class A Common Stock
- 716,728(indirect: See Footnote)
Class A Common Stock
- 444,444(indirect: See Footnote)
Class A Common Stock
- 7,608,764(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock (7,608,764 underlying) - 500,500(indirect: See foonote)
Class B Common Stock
→ Class A Common Stock (500,500 underlying)
Footnotes (10)
- [F1]92,688 shares of Class B Common Stock were converted into 92,688 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.
- [F10]Shares held by the Houston 2012 Irrevocable Children's Trust u/a/d 4/12/2012, for which Reporting Person serves as trustee.
- [F2]Shares held by the Andrew Houston Revocable Trust u/a/d 9/7/2011, for which Reporting Person serves as trustee.
- [F3]These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2025.
- [F4]This transaction was executed in multiple trades at prices ranging from $26.24 to $27.23. 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.
- [F5]This transaction was executed in multiple trades at prices ranging from $27.24 to $27.64. 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.
- [F6]These securities are restricted stock awards of Class A Common Stock. The restricted stock awards vest over a period of up to ten years following the closing of the Issuer's initial public offering of Class A Common Stock, or March 27, 2028, upon achievement of service-based, market-based, and liquidity event-related performance vesting conditions.
- [F7]Shares held by the Houston Remainder Trust u/a/d 12/30/2010, for which reporting Person serves as trustee.
- [F8]Shares held by The Erin Yu Houston Revocable Trust u/a/d 1/18/2024, for which the Reporting Person's spouse serves as trustee.
- [F9]The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the Reporting Person's election and has no expiration date.
Issuer
DROPBOX, INC.
CIK 0001467623
Entity typeother
Related Parties
1- filerCIK 0001734563
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 5:05 PM ET
- Size
- 250.7 KB