[144] Dolby Laboratories, Inc. SEC Filing
Form 144 filed for Dolby Laboratories, Inc. (DLB) reports a proposed sale of 25,000 common shares through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $1,791,487.50 and an approximate sale date of 09/16/2025. The filing states the shares were acquired on 09/16/2025 via stock option exercise from the issuer and paid for in cash. The filer or related parties sold multiple blocks of common stock in the prior three months: 25,000 on 08/12/2025 for $1,807,827.50, 2,491 on 07/16/2025 for $186,825.00, 39,875 on 07/15/2025 for $2,983,287.84, and 25,000 on 06/24/2025 for $1,850,530.00. The form includes the standard representation that the seller is not in possession of undisclosed material adverse information.
- Exercise and sale properly disclosed: The exercise (09/16/2025) and proposed sale are reported with broker and exchange specified
- Payment in cash: The filing states the option exercise was paid in cash, clarifying consideration
- Recent sizable insider-related sales: The Yeaman Family Trust sold a total of 92,366 shares in the prior three months, increasing share supply
- No 10b5-1 plan date disclosed: The remarks do not indicate a trading plan adoption date or instruction under Rule 10b5-1
Insights
TL;DR: Routine Form 144 reporting an exercised option and planned brokered sale; several sizable insider-related sales occurred over the past three months.
The filing documents a stock option exercise on 09/16/2025 producing 25,000 shares that are proposed for sale the same day through Morgan Stanley Smith Barney on the NYSE for $1,791,487.50. The historical sale entries show meaningful volumes sold by the Yeaman Family Trust across June to August 2025, totaling 92,366 shares with aggregate gross proceeds disclosed. For investors, these are orderly disclosure items rather than operational updates; they provide transparency on insider-related liquidity and recent supply of shares into the market.
TL;DR: Filing appears procedurally complete and includes standard attestation; no allegations or regulatory exceptions reported.
The Form 144 indicates the seller represents no nonpublic material adverse information and shows cash payment for the exercised options. Broker and exchange are specified. The record of multiple recent sales by the Yeaman Family Trust is documented with gross proceeds for each transaction. From a compliance perspective, the form contains the expected disclosures required under Rule 144 and notes the reliance on standard representations; it does not assert any trading-plan adoption dates or 10b5-1 instructions within the visible remarks.