Form 4 for DLB Dolby Laboratories, Inc.
Accepted 2026-05-06 17:05:57 ET · period of report 2026-05-04 · accession 0001193125-26-209338 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMT | 2026-05-06 17:05 | 2026-05-04+ | DLB | Couling John D | SVP, Entertainment | S - Sale+OE | $57.90 | -12.4K | 118.4K | -9% | -$715.3K |
| DT | 2026-05-06 17:05 | 2026-05-05 | DLB | Couling John D | SVP, Entertainment | M - OptEx | $45.50 | +7,666 | 126.0K | +6% | +$348.8K |
| DT | 2026-05-06 17:05 | 2026-05-05 | DLB | Couling John D | SVP, Entertainment | M - OptEx | $0.00 | -7,666 | 38.3K | -17% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2026-05-04 | S | D | 4,688 | $58.47 | 118,353 | D | — | — | (F1) Shares held following the reported transactions include 55,114 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest. |
| 2 | Common | Class A Common Stock | 2026-05-05 | M | A | 7,666 | $45.50 | 126,019 | D | — | — | (F1) Shares held following the reported transactions include 55,114 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest. |
| 3 | Common | Class A Common Stock | 2026-05-05 | S | D | 6,928 | $57.47 | 119,091 | D | — | — | (F2) The shares were sold in multiple transactions at prices ranging from $57.16 to $58.05 , inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected. The shares were sold pursuant to a 10b5-1 trading plan adopted on February 3, 2026. (F1) Shares held following the reported transactions include 55,114 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest. |
| 4 | Common | Class A Common Stock | 2026-05-05 | S | D | 738 | $58.34 | 118,353 | D | — | — | (F3) The shares were sold in multiple transactions at prices ranging from $58.195 to $58.36, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected. The shares were sold pursuant to a 10b5-1 trading plan adopted on February 3, 2026. (F1) Shares held following the reported transactions include 55,114 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest. |
| 5 | Derivative | Employee Stock Option (Right to Buy) | 2026-05-05 | M | D | 7,666 | $0.00 | 38,334 | D | $45.50 · — to 2026-12-15 | 7,666 Class A Common Stock | (F4) This option was granted for a total of 46,000 shares of Class A Common Stock. The option exercised in this transation was fully vested and exercisable as of the transaction date. |