Parasnis Abhay sold DBX
August 20, 2025 · Form 4 insider transaction
Parasnis Abhay sold 3,564 shares of Dropbox, Inc. at $28.26 per share, a transaction worth $100.7K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 21, 2025.; Certain 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, 2026 or the day prior to the date of the Issuer's next annual meeting of stockholders. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.