Dropbox, Inc. (NASDAQ:DBX) CEO Sells $9,085,120.00 in Stock
MarketBeat
Dropbox, Inc. (NASDAQ:DBX - Get Free Report) CEO Andrew Houston sold 319,000 shares of the business's stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $28.48, for a total transaction of $9,085,120.00. Following the completion of the transaction, the chief executive officer now owns 8,266,666 shares in the company, valued at approximately $235,434,647.68. This trade represents a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
NASDAQ:DBX