InsiderSignal.AI

InsiderSignal.ai

DBX - Dropbox, Inc.

Insider Sale by Houston Andrew (CEO, 10%)

1 Month
After Trade
Before Trade

Loading data...

Trade Summary

4 days ago, Houston Andrew, serving as CEO, 10% owner at Dropbox, Inc. (DBX), sold 111,166 shares at $22.89 per share, for a total transaction value of $2,544,601.00. Following this transaction, Houston Andrew now holds 9,427,838 shares of DBX.

This sale represents a 1.00% decrease in Houston Andrew's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Wednesday, April 1, 2026 and publicly disclosed via SEC Form 4 filing on Friday, April 3, 2026, 2 days after the trade was made.

Dropbox, Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Houston Andrew

Houston Andrew

CEO, 10%

Andrew W. Houston, born March 4, 1983, in Acton, Massachusetts, is an American Internet entrepreneur and the co-founder and CEO of Dropbox[[1]](https://www.clay.com/dossier/dropbox-ceo)[[3]](https://en.wikipedia.org/wiki/Drew_Houston). He received his bachelor's degree in Electrical Engineering and Computer Science from MIT in 2006[[5]](https://tim.blog/2018/08/27/drew-houston/). Before founding Dropbox, Houston demonstrated early entrepreneurial spirit by co-founding an SAT prep company called Accolade and working as a software engineer at various startups, including Bit9, Inc.[[1]](https://www.clay.com/dossier/dropbox-ceo)[[7]](https://www.discoveryacton.org/events-programs/fireside-chat-dropbox-founder-drew-houston-journey-acton-ma-silicon-valley). Houston co-founded Dropbox with MIT classmate Arash Ferdowsi in 2007, inspired by his personal frustration with forgetting USB drives while traveling[[2]](https://www.frederick.ai/blog/drew-houston-dropbox). Under his leadership, Dropbox has grown from a simple file-sharing concept into a service used by over 700 million registered users globally, with a valuation exceeding $9 billion[[4]](https://www.lennysnewsletter.com/p/behind-the-founder-drew-houston-dropbox)[[6]](https://www.youtube.com/watch?v=egdYKLBswgk). The company achieved a successful public offering on NASDAQ in March 2018, valuing it at over $12 billion[[2]](https://www.frederick.ai/blog/drew-houston-dropbox). Houston currently owns approximately 25% of Dropbox and holds a net worth of approximately $2 billion according to Forbes[[3]](https://en.wikipedia.org/wiki/Drew_Houston). Beyond his role at Dropbox, Houston joined Meta's (formerly Facebook) board of directors in February 2020[[1]](https://www.clay.com/dossier/dropbox-ceo)[[3]](https://en.wikipedia.org/wiki/Drew_Houston).

View full insider profile →

Trade Price

$22.89

Quantity

111,166

Total Value

$2,544,601.00

Shares Owned

9,427,838

Trade Date

Wednesday, April 1, 2026

4 days ago

SEC Filing Date

Friday, April 3, 2026

Filed 2 days after trade

TECHNOLOGYSOFTWARE - INFRASTRUCTURE

About Dropbox, Inc.

Company Overview

No company information available
View news mentioning DBX

💬 Want Deeper Insight?

Use our AI assistant to ask questions about this trade, the insider, or the company.

Chat with AI

Share this trade

https://insidersignal.ai/trade/5334356

🚀 Track Insider Trades in Real-Time

Create a free account to access our full database of insider trades, AI-powered analysis, price alerts, and discover what corporate executives are buying and selling.

Create Free AccountLearn More

✓ Free forever plan available  •  ✓ No credit card required  •  ✓ Cancel anytime