Dropbox's Co-CEO Sells 28,800 Shares for $1 Million as the Stock Soars
The insider's sale came just days before the stock hit a 52-week high.
Overview
Ashraf Alkarmi, Co-Chief Executive Officer of Dropbox, Inc. (NASDAQ:DBX), sold 28,800 shares of Class A Common Stock on September 11, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($35.54); post-transaction value based on September 11, 2026 market close ($35.56).
Details
Dropbox, Inc. is a leading provider of cloud-based file synchronization and collaboration solutions with a market cap of $9.5 billion. The company operates through a scalable SaaS model, leveraging its established platform to maintain competitive advantages in the file management and enterprise collaboration sectors.
Source
Originally published at www.fool.com.