XML 16 R9.htm IDEA: XBRL DOCUMENT v3.25.1
Insider Trading Arrangements - shares
3 Months Ended
Mar. 28, 2025
Apr. 30, 2025
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  

During the three months ended April 30, 2025, the following directors and officers, as defined in Rule 16a-1(f) under the Exchange Act, adopted a “Rule 10b5-1 trading arrangement” as defined in Item 408 of Regulation S-K, as follows.

On March 28, 2025, Aaron Levie, our Chief Executive Officer, adopted a Rule 10b5-1 trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) of the Exchange Act. The Rule 10b5-1 trading arrangement allows for the sale of up to 60,000 shares of our Class A common stock, commencing on July 10, 2025 and continuing until all shares are sold or April 1, 2026, whichever comes first.

No other directors or officers, as defined in Rule 16a-1(f), adopted and/or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Regulation S-K Item 408, during the three months ended April 30, 2025.

Aaron Levie [Member]    
Trading Arrangements, by Individual    
Name Aaron Levie  
Title Chief Executive Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date March 28, 2025  
Expiration Date April 1, 2026  
Arrangement Duration 266 days  
Aggregate Available 60,000  
Other Directors or Officers [Member]    
Trading Arrangements, by Individual    
Rule 10b5-1 Arrangement Adopted   false
Non-Rule 10b5-1 Arrangement Adopted   false
Rule 10b5-1 Arrangement Terminated   false
Non-Rule 10b5-1 Arrangement Terminated   false