Houston Andrew's Form 4 filing
Dropbox, Inc. (DBX) · filed Jun 13, 2025
- Accession no.
- 0001467623-25-000099
- Filed
- Jun 13, 2025
- Trade date
- Jun 11, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $9.09M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Houston AndrewCIK 0001734563 | Director, Officer (Chief Executive Officer), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 11, 2025 | Class A Common Stock | CConversionAcquired | +184,000 | $0.00F1 | $0 | 184,000 | Indirect | |
| Jun 11, 2025 | Class A Common Stock | SSaleDisposed | −184,000 | $28.48F4 | −$5,240,320 | 0 | Indirect | |
| Jun 11, 2025 | Class A Common Stock | CConversionAcquired | +135,000 | $0.00F5 | $0 | 851,728 | Indirect | |
| Jun 11, 2025 | Class A Common Stock | SSaleDisposed | −135,000 | $28.48F4 | −$3,844,800 | 716,728 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
184,000 shares of Class B Common Stock were converted into 184,000 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F4
This transaction was executed in multiple trades at prices ranging from $28.07 to $28.87. 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.
Referenced by the price of 2 transactions in Table I.
- F5
135,000 shares of Class B Common Stock were converted into 135,000 shares of Class A Common Stock at the election of the Reporting Person and had no expiration date.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.