Sarah Elizabeth Schubach - 17 Nov 2025 Form 4 Insider Report for DROPBOX, INC. (DBX)

Role: Chief Accounting Officer
Signature: /s/ Cara Angelmar, Attorney-in-Fact
Issuer symbol: DBX
Transactions as of: 17 Nov 2025
Net transactions value: -$153,288
Form type: 4
Filing time: 19 Nov 2025, 16:31:12 UTC
Previous filing: 03 Nov 2025
Next filing: 24 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Schubach Sarah Elizabeth	Chief Accounting Officer	1800 OWENS STREET, SAN FRANCISCO	/s/ Cara Angelmar, Attorney-in-Fact	19 Nov 2025	0002075704

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DBX	Class A Common Stock	Tax liability	$153,288	-5,049	-4.9%	$30.36	98,542	17 Nov 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock units previously reported.
F2	Certain of these securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock, subject to the applicable vesting schedule through February 15, 2029. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer.