Insider Cluster (2 insiders) ·Filed Aug 4, 2026
Insider cluster: 2 insiders, $118K total
Actionable Insight • Neutral
This cluster is too small to warrant a trading signal. Monitor for any larger insider sales or a broader pattern of C-suite selling before drawing conclusions. No immediate action needed.
Latest settled — T+20d
DBX ▼ -1.43% at T+20d
NEUTRAL call -1.43% · α vs SPY -0.83% · entry $35.00 → $34.50
Latest observation: T+56 -24.92% FF3 residual α
T+1d
-1.31%
call -1.31% · α -1.15%
$34.54
settled 3mo ago
T+5d
-3.91%
call -3.91% · α -4.26%
$33.63
settled 3mo ago
T+20d
-1.43%
call -1.43% · α -0.83%
$34.50
settled 8w ago
T+60d
Pending
tomorrow
Price Chart
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Executive Summary
Two Dropbox insiders — a director and the chief accounting officer — sold a combined $118K in open-market sales over a one-week window. The total value is just 0.0015% of Dropbox's $7.7B market cap, making this a trivial, routine cluster with no material signal.
Key Financial Metrics
Direction
selling
Total Value
$118.0K
Insiders
2
Key Facts
- Director Karen Peacock sold 2,000 shares at $33.00 for $66K on 2026-07-29.
- Chief Accounting Officer Sarah Elizabeth Schubach sold 1,632 shares at $31.61 for $52K on 2026-07-31.
- Total insider sales of $118K represent ~0.0015% of Dropbox's $7.7B market cap.
- Both sales are open-market transactions; no 10b5-1 plan designation is noted in the filing.
- The cluster is small in both absolute and relative terms, well below the 0.1% materiality threshold.
Financial Impact
Total insider sales of $118K, or ~0.0015% of market cap — immaterial.
insider ownership
Risk Factors
- Insider sales could accelerate if the stock rallies further, but current volume is negligible.
- No risk of material information leakage from this cluster given its trivial size.
Market Snapshot
Exchange
Nasdaq
Sector
Services-Prepackaged Software
Analyst Consensus
6% bullish (16 analysts)
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DBX-1785900968827 |
28 reports for DBX
100% Hit rate @ T+20 Went positive at some point 6 of 8 best @ T+5▲ +11.40%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Institutional Cluster | $37.48 | awaiting T+20 | — | $37.73 (−0.67%) |
Oct 19, 2026 7d ago | Insider Cluster | $35.94 | awaiting T+20 | — | $37.73 (−4.98%) |
Oct 5, 2026 21d ago | Insider Cluster | $33.73 | awaiting T+20 | — | $37.73 (+11.86%) |
Sep 17, 2026 5w ago | Insider Cluster | $36.48 $35.57 | ▲ +2.49% | ▲ +2.70% | $37.73 (−3.43%) |
Sep 15, 2026 5w ago | Insider Cluster | $37.74 $35.62 | ▲ +5.62% | ▲ +7.68% | $37.73 (+0.03%) |
Sep 14, 2026 6w ago | Insider Cluster | $37.63 $35.60 | ▲ +5.39% | ▲ +8.37% | $37.73 (−0.27%) |
Sep 9, 2026 6w ago | Insider Cluster | $35.05 $34.14 | ▼ −2.60% | ▼ −4.97% | $37.73 (+7.65%) |
Aug 19, 2026 9w ago | Insider Cluster | $34.00 $36.48 | ▲ +7.29% | ▲ +7.29% | $37.73 (+10.97%) |
Aug 4, 2026 11w ago | Insider Cluster | $35.00 $34.50 | ▼ −1.43% | ▼ −0.83% | $37.73 (+7.80%) |
Jul 17, 2026 14w ago | Insider Cluster | $30.62 $34.28 | ▲ +11.95% | ▲ +7.50% | $37.73 (+23.22%) |
Showing 10 of 28
US Market Status
Market Closed — Opens Tue (< 1m)
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