Ali Dasdan’s sale follows a Rule 10b5-1 plan adopted in May 2025, reducing his direct holdings by 6%.
Dropbox Inc. Chief Technology Officer Ali Dasdan sold 11,332 shares of Class A Common Stock on August 17 and 18, according to an SEC filing. The transactions were executed at a weighted average price of $34.31, valuing the sale at approximately $390,000. An additional 19,255 shares were withheld for tax obligations tied to equity award vesting.
The sales were conducted under a Rule 10b5-1 trading plan established on May 12, 2025, allowing pre-scheduled dispositions for liquidity or diversification. Dasdan’s direct holdings decreased by 6% to 471,052 shares, valued at $15.95 million based on the August 18 closing price of $33.87.
The remaining equity represents about 0.2% of the company. The withheld shares were non-discretionary and unrelated to the insider’s outlook on Dropbox stock.