DLB (NYSE: DLB) insider plans 7,273-share Form 144 sale and reports prior trade
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
An insider associated with DLB has filed a Form 144 notice to sell 7,273 shares of common stock through Morgan Stanley Smith Barney LLC on or about 12/11/2025 on the NYSE, with an indicated aggregate market value of $500,018.75. These shares were originally acquired as restricted stock from the issuer in three grants dated 08/10/2014, 12/15/2016, and 12/15/2018.
The notice also reports that 6,164 common shares were sold on 11/20/2025 for gross proceeds of $407,563.68. Shares of the issuer’s common stock outstanding were 60,845,846 as of the data shown; this is a baseline figure, not the amount being sold.
Positive
- None.
Negative
- None.
FAQ
What does the Form 144 filing for DLB disclose?
The Form 144 discloses that an insider plans to sell 7,273 shares of DLB common stock on or about 12/11/2025 on the NYSE, with an indicated aggregate market value of $500,018.75.
What representation does the seller make in the DLB Form 144 notice?
By signing the notice, the seller represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.