DLB Form 144 details 3,000-share planned insider sale on NYSE
Rhea-AI Filing Summary
An insider of DLB has filed a Form 144 indicating an intent to sell up to 3,000 shares of common stock through Morgan Stanley Smith Barney, with an aggregate market value of 196,650.00. The shares relate to restricted stock awards acquired from the issuer on 05/16/2023 and 05/16/2024, totaling 2,279 and 721 shares respectively, both noted as not involving special payment terms. The notice lists 60,845,846 shares of the issuer’s common stock outstanding and targets an approximate sale date of 11/21/2025 on the NYSE. Over the prior three months, the same seller disposed of 7,000 shares of common stock on 08/22/2025 for gross proceeds of 524,440.00.
Positive
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Negative
- None.
FAQ
What representation does the insider make about information on the issuer in this DLB Form 144?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.