Insider trade

CEO sold ~$12M of DBX shares in the open market

Traded Oct 1, 2026 · Filed Oct 6, 2026

DropboxDBX

~$12M
Reported value · 354K sh @ $34.01: +0.8%
stock since the trade · S&P 500 +1.4%, $34.08 → $34.37 on Oct 5

Why it stands out

The boss of Dropbox sold $12M of Dropbox shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Oct 1, 2026
Reporting period: Not applicable
Filed with the SEC: Oct 6, 2026

CEOIndirect holding$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$12,049,814

Shares × reported transaction price

Timing vs results

56 days after results of Aug 6, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $34.08 on Oct 1, 2026, 54% above its 52-week low and 10% below its high, little changed over the previous 30 trading days

52-week range $22.06 (Apr 10, 2026) to $37.74 (Sep 16, 2026), 77% of the way up, from 249 adjusted closes. 30 trading days earlier: $33.99 on Aug 19, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

Source receipt

Record ID: 0001734563-26-000021
Filed / recorded: Oct 6, 2026, 12:57 AM UTC
Added to OQRO: Oct 6, 2026, 7:14 PM UTC
Parser: form4-xml-v2
Data quality: Verified: identifiers matched exactly
Issuer: DROPBOX, INC.
Issuer CIK: 1467623
Ticker: DBX
Reporting person: Andrew Houston
Relationship: Director, Officer, 10% owner
Officer title: Co-CEO
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Oct 1, 2026
Transaction code: S
Shares / units: 354,300
Price per share: $34.01
Acquired / disposed: Disposed (D)
Shares owned after: 0
Ownership form: Indirect — See Footnote
Amendment: No

Footnotes from the filing

These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 11, 2026.
This transaction was executed in multiple trades at prices ranging from $34.0094 to $34.0174. 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.
Shares held by the Andrew Houston Revocable Trust u/a/d 9/7/2011, for which Reporting Person serves as trustee.

Around the same time

354KDerivative units

yesterday

Derivative exercise or conversion — not an open-market buy.

More Official record

354KShares

yesterday

Derivative exercise or conversion — not an open-market buy.

More Official record

Officer sold ~$66K of Dropbox

Scheduled in advance4d ago