Parasnis Abhay sold DBX

September 5, 2025 · Form 4 insider transaction

Parasnis Abhay sold 1,782 shares of Dropbox, Inc. at $29.50 per share, a transaction worth $52.6K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Disposed (sell-side)
Shares
1,782
Price
$29.50
Total value
$52.6K
Role
SecurityClass A Common Stock
Transaction codeS: Open-market sale
Transaction dateSeptember 5, 2025
Filing dateSeptember 9, 2025
Shares owned after38,740
OwnershipDirect
10b5-1 planYes
AmendedNo

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.

View the original Form 4 on SEC EDGAR