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EdgarHawk

Houston Andrew

Chief Executive Officer

Director Officer 10% Owner

Latest: CEO selling · April 2026

28 filings analyzed · 1 company · Latest 2026-05-20

Companies

Company Buys Sells Direction
DROPBOX, INC. DBX 0 75 Net selling

Activity

May 2026
2026-05-20 DROPBOX, INC. DBX
medium
Sell
30,332 shares
$834,130
Significance 3/10

CEO Houston Andrew sells 30.3K DBX shares at $27.50 via scheduled 10b5-1 plan; reduces holdings to zero.

Houston Andrew, Dropbox's Chief Executive Officer, executed a scheduled sale of 30,332 shares at $27.50 on 2026-05-18 via a pre-arranged 10b5-1 trading plan adopted on 2025-03-12, reducing his holdings to zero from 30.3K shares. The transaction was automatic and non-discretionary per the 10b5-1 framework, so it reflects a predetermined schedule rather than a tactical market timing decision. His cross-ticker track record shows 20 prior open-market sells with an average 90-day return of -4.8%, while his same-ticker history at DBX across 5 prior sales presents mixed outcomes: one recent sale on 2026-04-01 was followed by a 90-day gain of +17.2%, while three others faced 90-day losses ranging from -2.8% to -19.8%. The complete exit of all CEO holdings warrants disclosure attention, though the scheduled nature of the sale limits inference about current conviction.

2026-05-18 DROPBOX, INC. DBX
low
Sell
37,498 shares
$973,549
Significance 3/10

CEO Houston Andrew sold all 37,498 DBX shares at $25.96 under 10b5-1 plan; current price $27.98.

Houston Andrew, Chief Executive Officer, sold all 37,498 shares of DROPBOX, INC. at $25.96 on 2026-05-14 under a pre-arranged 10b5-1 trading plan adopted on 2025-03-12, reducing his holdings to zero. The sale was scheduled rather than discretionary. At his prior trades at DBX, the 30-day and 90-day post-sale returns ranged from -11.2% to +17.2%, showing mixed outcomes; this particular transaction occurred near the 52-week high ($32.40), with current price at $27.98 representing -13.6% from that peak. The company reports net income of $114.5M on revenue of $629.5M for the latest quarter, with annual revenue growth of -1.1%.

April 2026
2026-04-03 DROPBOX, INC. DBX
medium
Sell
111,166 shares
$2,544,601
Significance 5/10

CEO Houston Andrew sold 111.2K DBX shares ($2.5M) on 2026-04-01; stock down 10.6% in 30 days post-sale.

Houston Andrew, CEO of Dropbox, sold 111.2K shares at $22.89 on 2026-04-01 for total value of $2,544,600.86. The stock has declined 10.6% over the subsequent 30 days and is currently trading at $23.40, down 27.3% from its 52-week high of $32.17. His cross-ticker track record shows a 90-day well-timed rate of 68.75% across 20 prior sales, though at this same ticker DBX his measurable sell outcomes are mixed: the most recent prior 90-day outcome (2026-01-02 sale) registered a -15.2% return post-sale. The sale represents conversion of derivative securities (Form 4 Table II), not a complete portfolio exit. Fundamentals show net income of $123.8M against revenue of $634.4M with annual growth of -1.1%, and the stock trades at a 12.38 P/E multiple.

March 2026
2026-03-04 DROPBOX, INC. DBX
medium
Sell
109,498 shares
$2,731,362
Significance 5/10

CEO Houston Andrew sold 109.5K DBX shares at $24.94 on 2026-03-02, totaling $2.7M; derivative conversion transaction.

Houston Andrew, CEO of Dropbox, sold 109,498 shares at $24.94 on 2026-03-02 in a derivative-conversion transaction. This sale represents conversion of derivative securities rather than a liquidation of his total position—Form 4 Table II (not yet populated in this database) contains his actual derivative holdings. In context of his same-ticker history, Andrew has executed five prior sales at DBX since January 2026, with 30-day outcomes ranging from -11.2% to +2.0%, indicating consistent equity reductions over recent weeks. His cross-ticker track record shows 20 prior sells with a 90-day well-timed rate of 66.67%, but measurable outcomes at this ticker are not yet available at the 90-day horizon. The stock is currently at $26.17, down 18.6% from its 52-week high of $32.17, and has gained 2.0% over the past 30 days. Dropbox fundamentals show stable profitability (net income $123.8M on revenue $634.4M latest quarter) and a moderate P/E of 13.85, though annual revenue declined 1.1% year-over-year.

February 2026
2026-02-04 DROPBOX, INC. DBX
high
Sell
164,502 shares
$4,221,088
Significance 6/10

CEO Houston Andrew sold 164.5K DBX shares at $25.66 on 2026-02-02, eliminating open-market holdings; stock down -24.5% from 52-week high.

CEO Houston Andrew sold 164,502 shares of Dropbox at $25.66, reducing his open-market holdings to 0 shares as of the transaction date. This sale occurs while DBX is trading at $25.11, down -24.5% from its 52-week high of $33.27 and down -6.9% over the past 30 days. The company reports revenue of $634,400,000.00 and net income of $123,800,000.00 in the latest quarter, with annual revenue growth of +1.9%, suggesting modest business momentum. Notably, this sale follows a pattern of five consecutive sales at this ticker between December 2025 and February 2026; his prior four measurable sales at DBX each returned negative 30-day results (-7.6%, -4.9%, -5.9%), though 90-day outcomes remain unmeasurable. The absence of derivative holdings detail in Table II of this filing means this does not represent a complete position exit and should not be characterized as such.

January 2026
2026-01-13 DROPBOX, INC. DBX
medium
Sell
60,000 shares
$1,651,456
Significance 6/10

DBX CEO Houston Andrew sold 60,000 shares for $1,651,456.40 in two transactions on Jan 9 & 12 at blended average $27.52

Chief Executive Officer Houston Andrew executed 2 separate sales totaling 60,000 shares for $1,651,456.40 at a blended average price of $27.52, reducing his holdings from 60,000 shares to 0 shares post-transaction. The sales occurred at prices ($27.54 and $27.51) above the current market price of $26.75, though the stock is down 5.5% over the past 30 days and 7.6% over 90 days. Notably, this filing contains a derivative-conversion transaction—the insider's actual position includes Form 4 Table II derivative securities not yet populated in our database, so the zero post-transaction Table I shares should not be interpreted as a complete position exit. Across his cross-ticker track record, the insider has achieved a 56.25% well-timed sell rate with an average 90-day return of -0.8% after sales; at DBX specifically, 1 of 1 measurable prior 90-day outcomes was well-timed, though recent same-ticker sales show mixed timing (30-day returns of -5.9% and -6.3% on recent December and November transactions).

2026-01-06 DROPBOX, INC. DBX
high
Sell
92,668 shares
$2,493,371
Significance 6/10

CEO Houston Andrew sells 92.7K shares of DBX for $2.5M; fully divests common stock holdings via 2 trades on 2026-01-02

Houston Andrew, Dropbox CEO, executed 2 separate open-market sales totaling 92.7K shares for $2.5M at blended average price $26.91 on 2026-01-02, reducing his common stock holdings to zero. The stock currently trades at $26.99, down 8.0% over 30 days and 8.7% over 90 days from the transaction date, and sits 18.9% below its 52-week high of $33.27. Notably, across his same-ticker history at DBX, Andrew's 3 prior measurable sales (2025-10-01 and earlier) were all well-timed, with negative 90-day returns ranging from -2.3% to -8.5%, suggesting a pattern of selling before declines. However, this filing involves a derivative conversion where common stock holdings do not represent his complete position; Form 4 Table II (derivative securities) contains his actual remaining stake and should be reviewed to understand the full context of his holdings at Dropbox.

December 2025
2025-12-03 DROPBOX, INC. DBX
medium
Sell
92,000 shares
$2,716,916
Significance 5/10

CEO Houston Andrew sold 92,000 DBX shares at $29.53 (now $29.94) on 2025-12-01; holds derivatives only post-transaction.

On 2025-12-01, CEO Houston Andrew sold 92,000 shares of Dropbox for $2.7M at $29.53 per share. The shares are now trading at $29.94, a modest +0.8% gain over 30 days. Notably, this transaction was a derivative-conversion event, meaning the insider's true equity position continues through Table II derivative holdings (not yet visible in the structured data); the zero common-share holdings post-sale does not represent a full exit. At the broader level, Andrew's cross-ticker sell history shows 20 prior open-market sales averaging +3.2% returns over 30 days and +3.6% over 90 days, with 37.50% of those sales well-timed (i.e., followed by declines). At Dropbox specifically, the five prior sales show mixed 30-day outcomes (-4.0%, -2.1%, -1.6%, +4.7%, and outcomes pending on recent sales), with zero of one measurable sales well-timed at the 90-day horizon. The company's fundamentals show Revenue of $634.4M and Net income of $123.8M (latest quarter) with modest annual growth of +1.9% and a P/E of 21.08.

November 2025
2025-11-18 DROPBOX, INC. DBX
medium
Sell
101,167 shares
$3,058,268
Significance 5/10

CEO Houston Andrew sold 101.2K shares of DBX at $30.23 (now $29.47); derivative-conversion trade, not full exit.

Houston Andrew, CEO of Dropbox, sold 101,167 shares at $30.23 on 2025-11-14, generating $3.1M in proceeds. This is a derivative-conversion transaction and does not represent a complete position exit; the insider's actual holdings in derivative securities (Form 4 Table II) are not yet populated in the database. Across his cross-ticker open-market history, Andrew's 20 prior sells averaged +3.2% 30-day and +4.7% 90-day returns, with a 37.50% well-timed rate, but at DBX specifically his prior 5 trades show mixed outcomes—including a -4.0% and -2.1% 30-day return on two sales just six weeks prior (2025-10-01). Stock fundamentals remain solid (revenue $634.4M, net income $123.8M, P/E 20.75), and the current price of $29.47 sits within the 52-week range and only 11.4% below the 52-week high, with modest positive momentum (30-day +1.2%, 90-day +3.7%). The trade warrants close observation of subsequent derivative-table disclosures and broader executive activity at DBX.

October 2025
2025-10-03 DROPBOX, INC. DBX
high
Sell
101,167 shares
$2,998,876
Significance 7/10

DBX CEO Houston Andrew sells 101.2K shares for $2,998,876.05; holds 0 shares after derivative conversion

CEO Houston Andrew liquidated 101.2K shares through 2 separate sales on 2025-10-01 at blended average price of $29.64, raising $2,998,876.05 total. The filing contains a derivative-conversion component; the Form 4 indicates a conversion of derivative securities, meaning the insider's true post-transaction position extends beyond Table I and cannot be fully assessed from shares_after alone. At same-ticker history, his prior 5 DBX trades show mixed timing outcomes: 0 of 2 measurable 90-day post-sale results were negative (well-timed for sells), with 2025-07-01 and 2025-06-11 sales both generating positive 90-day returns (+9.6% and +9.5% respectively), indicating he sold before subsequent gains rather than declines. Current stock price of $29.41 sits 11.6% below the 52-week high and only 0.23 above the blended sale price, placing the transaction near the recent mid-range. The scale and cadence—5 DBX sales in under 4 months alongside this large conversion event—merit examination of derivative expiration schedules and equity-grant vesting patterns to determine whether these are discretionary liquidations or scheduled plan executions.

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