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Dropbox said on Tuesday that around 5,000 accounts were compromised last month, with hackers viewing and downloading content stored on the cloud-storage platform.
William T. Yoon disposed of 16,833 shares on August 17 for a value of approximately $579,000. The transaction reduced the executive's direct holdings by 5%, occurring as the stock reached a one-year return of 20% as of the transaction date.
The disposition of 30,650 shares realized a total value of $1 million based on weighted average execution prices. The transactions reduced the insider's direct equity holdings by 7%.
The disposal of 5,854 shares on August 17 represented an estimated value of $201,500. The transaction reduced the insider's direct equity holdings by 5%.
Tennenbaum disposed of 20,326 shares at $34.42 per share, representing a total transaction value of $699,621. This non-discretionary transaction reduced the insider's direct equity position by 3%.
The disposition involved 30,587 shares with a total transaction value of $1.0 million. The activity resulted in a 6% reduction in Ali's direct equity interest in the company.
The transaction involved 47,865 shares withheld at $34.42 per share, representing a total value of about $1.6 million. This disposition reduced the executive's direct equity holdings by 4%.
The stock rebounded along with the broad tech move but the growth just isn't there.