DBX DROPBOX, INC.

NEUTRAL Impact: 3/10 Insider Cluster (3 insiders)
Horizon days Filed Feb 26, 2026 Processed 3mo ago
Insider cluster: 3 insiders, $0.5M total
Final — all horizons settled through T+60d
DBX ▲ +9.88% at T+60d
NEUTRAL call ✓ call won +9.88% · α vs SPY +2.13% · entry $24.80 → $27.25
Last close $27.30 (close Jun 8) · +10.09% from $24.80 entry
Entry anchored
Feb 25, 03:59 PM ET
via Databento tick
T+1d
+0.76%
call +0.76% · α +1.21%
$24.99
settled 3mo ago
T+5d
+5.96%
call +5.96% · α +7.09%
$26.28
settled 3mo ago
T+20d
-8.19%
call -8.19% · α -1.79%
$22.77
settled 3mo ago
T+60d
+9.88%
call +9.88% · α +2.13%
$27.25
settled 20d ago

Price Chart

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Executive Summary

Three Dropbox insiders sold shares in the past week, including CEO Andrew Houston who converted a derivative position (non-cash event). General Manager Ashraf Alkarmi and Chief Accounting Officer Sarah Schubach conducted open-market sales totaling $359,307 in proceeds. The cluster is small relative to Dropbox's $6.3B market cap.

Key Financial Metrics

Direction
selling
Total Value
$359.3K
Insiders
3

Actionable Insight

Monitor for additional selling in coming weeks — while this cluster is small and likely routine, multiple sales could signal reduced conviction if the trend continues. The CEO's derivative conversion is administrative and not a sale of economic interest.

Key Facts

  • General Manager Ashraf Alkarmi sold 12,472 shares for $324,272 in an open-market transaction.
  • Chief Accounting Officer Sarah Schubach sold 1,415 shares for $35,035.40, also open-market.
  • CEO Andrew Houston converted 109,498 derivative securities at $0 — a non-cash, routine corporate action.
  • Total open-market proceeds: $359,307 (~0.0057% of $6.3B market cap).
  • All transactions occurred between March 2–3, 2026.

Financial Impact

$359,307 in open-market share sales by two insiders; CEO transaction was non-cash.

insider ownershipshare count

Risk Factors

  • Perception of insider selling could weigh on sentiment if misinterpreted.
  • If future filings show broader or larger-scale selling, it may indicate concern about valuation or outlook.

Market Snapshot

Exchange
Nasdaq

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (3 trades, 7d window)cluster-DBX-1772755887456
17 reports for DBX
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+5▲ +4.87%May 19, 2026
Filters
Rows
Reports for DBX — sortable, filterable
Type Now
Jun 3, 2026
6d ago
Insider Cluster
NEUTRAL ★ 3/10
$27.18 $27.38▲ +0.75%▲ +3.35%$27.30 (+0.46%)
Jun 1, 2026
8d ago
8-K
NEUTRAL ★ 4/10
$28.92 $28.16▼ −2.63%▼ −2.77%$27.30 (−5.60%)
May 26, 2026
14d ago
8-K
NEUTRAL ★ 4/10
$26.46 $25.97▼ −1.85%▼ −1.87%$27.30 (+3.18%)
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 3/10
$27.16 $27.51▲ +1.29%▲ +0.84%$27.30 (+0.52%)
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 2/10
$27.16 $27.51▲ +1.29%▲ +0.84%$27.30 (+0.52%)
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 2/10
$25.97 $26.19▲ +0.84%▲ +0.29%$27.30 (+5.13%)
May 20, 2026
20d ago
Insider Cluster
BEARISH ★ 4/10
$27.16 $27.51▼ −1.29%▼ −0.84%$27.30 (−0.52%)
May 20, 2026
20d ago
Insider Cluster
BEARISH ★ 5/10
$27.16 $27.51▼ −1.29%▼ −0.84%$27.30 (−0.52%)
May 19, 2026
21d ago
Insider Cluster
NEUTRAL ★ 4/10
$27.53 $27.16▼ −1.34%▼ −1.54%$27.30 (−0.83%)
May 19, 2026
21d ago
Insider Cluster
BEARISH ★ 5/10
$27.53 $27.16▲ +1.34%▲ +1.54%$27.30 (+0.83%)
Showing 10 of 17

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