A year ago, Houston hired Woodside, then the CEO of Motorola Mobility Holdings, Inc., to craft a more detailed business plan that could turn a company with more than $400 million in annualized revenue into one that makes billions. All rights reserved.Dennis Woodside, Dropbox’s first chief operating officer, is leading those efforts. Benzinga does not provide investment advice. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.Ĭheck Out The Full List Of Dropbox's Insider Trades.Ĭlick here for options trades from Benzinga A P in Box 3 indicates a purchase, while S indicates a sale. Investors prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. When a company insider makes a new purchase, that is an indication that they expect the stock to rise. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction. This can include executives in the c-suite and large hedge funds. In legal terms, an 'insider' refers to any shareholder who owns at least 10% of a company. Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.

Who owns dropbox company