NewsMeter
16,833 shares, valued at $579,000 at a $34.42 weighted average sale price, were withheld from Dropbox, Inc. (NASDAQ: DBX) chief legal officer William T.
Yoon's account on August 17 to cover the tax obligation triggered by RSU vesting, per an SEC Form 4 filing.
The math closes: Yoon holds 350,130 shares directly after the transaction, worth $11.7 million at the August 17 close of $33.38.
Restricted stock units scheduled to vest through February 15, 2030 maintain his economic interest in the company.
Keep reading