Torres Michael Ivan bought DBX
September 1, 2026 · Form 4 insider transaction
Torres Michael Ivan bought 842,316 shares of Dropbox, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
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) 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.; 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 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.