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 is the market value of the DLB shares to be sold?
The planned sale covers DLB common stock with an aggregate market value of $607,849.04.
Which broker will handle the planned DLB share sale?
The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services as the broker for the planned sale on the NYSE.
When is the planned sale date for the DLB shares?
The approximate date of sale for the 9,109 DLB common shares is listed as 12/16/2025.
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.
How many DLB shares are outstanding for this class of stock?
The filing reports 60,845,846 shares outstanding for the relevant class of DLB common stock.
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.