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Dropbox(DBX.US) 10% Shareholder Sells US$17.67 Million in Common Stock

Moomoo News ·  Nov 19, 2024 05:17

$Dropbox (DBX.US)$ 10% Shareholder Houston Andrew sold 637.98K shares of common stock on Nov 14, 15, 2024 at an average price of $27.6919 for a total value of $17.67 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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