DLB (DLB) insider plans Rule 144 sale of 9,109 common shares
Rhea-AI Filing Summary
Mark Andrew Sherman filed a notice under Rule 144 to sell 9,109 shares of DLB common stock. The planned sale, through Morgan Stanley Smith Barney on the NYSE, has an aggregate market value of $607,849.04 and is expected around 12/16/2025. For this class of stock, 60,845,846 shares were reported as outstanding.
The securities to be sold consist of restricted stock and performance shares acquired from the issuer on 12/15/2025. Over the prior three months, Sherman also sold 4,500 common shares on 12/01/2025, generating gross proceeds of $304,035.75.
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FAQ
What insider transaction in DLB is disclosed in this Form 144?
The notice states that Mark Andrew Sherman plans to sell 9,109 shares of DLB common stock under Rule 144.
What DLB securities did Mark Andrew Sherman sell in the past three months?
During the prior three months, Mark Andrew Sherman sold 4,500 shares of DLB common stock on 12/01/2025 for gross proceeds of $304,035.75.
What types of DLB awards are being sold in this Rule 144 notice?
The securities to be sold include restricted stock and performance shares in DLB common stock, both acquired from the issuer on 12/15/2025.