Dolby SVP sells 7,666 shares, exercises options
Dolby Laboratories SVP, Entertainment John D. Couling exercised stock options for 7,666 shares of Class A common stock at $45.50 per share and sold 7,666 shares in open‑market transactions around the mid‑$50s.
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Form Type
4
Rhea-AI Filing Summary
Dolby Laboratories SVP, Entertainment John D. Couling exercised stock options for 7,666 shares of Class A common stock at $45.50 per share and sold 7,666 shares in open‑market transactions around the mid‑$50s.
The sales, effected at weighted average prices of $56.16 and $55.5868 per share, were made under a Rule 10b5‑1 trading plan adopted on February 3, 2026. After these transactions he directly holds 118,727 shares, including 55,114 shares underlying restricted stock units subject to vesting and 374 shares from the Employee Stock Purchase Plan.
Insider Trade Summary 10b5-1
Exercise and Sale: 7,666 shares ($78K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Couling John D
Role
SVP, Entertainment
Sold
7,666 shs ($426K)
Approx. gross sale proceeds
$426K
Approx. exercise cost
$349K
Approx. pre-tax spread
$78K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 7,666 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 7,666 | $45.50 | $349K |
| Sale | Class A Common Stock | 7,158 | $55.5868 | $398K |
| Sale | Class A Common Stock | 508 | $56.16 | $29K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 30,668 contracts (Direct);
Class A Common Stock — 118,727 shares (Direct)
Footnotes (4)
- F1. Shares held following the reported transactions include 55,114 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
- F2. Shares include 374 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2026.
- F3. The shares were sold in multiple transactions at prices ranging from $55.15 to $56.105 , inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected. The shares were sold pursuant to a 10b5-1 trading plan adopted on February 3, 2026.
- F4. This option was granted for a total of 46,000 shares of Class A Common Stock. The option exercised in this transation was fully vested and exercisable as of the transaction date.
Key Figures
Shares sold: 7,666 shares
Sale price block 1: $56.16/share
Sale price block 2: $55.5868/share
+5 more
8 metrics
Shares sold
7,666 shares
Class A Common Stock sold on June 1, 2026
Sale price block 1
$56.16/share
508 shares of Class A Common Stock
Sale price block 2
$55.5868/share
7,158 shares of Class A Common Stock
Options exercised
7,666 shares
Employee stock option exercise on June 1, 2026
Option exercise price
$45.50/share
Employee Stock Option (Right to Buy)
Shares owned after
118,727 shares
Direct Class A Common Stock holdings after transactions
RSUs included in holdings
55,114 shares
Class A common stock underlying restricted stock units
ESPP shares included
374 shares
Acquired under Employee Stock Purchase Plan on May 15, 2026
Key Terms
Rule 10b5-1 trading plan, restricted stock units, Employee Stock Purchase Plan, Employee Stock Option (Right to Buy), +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a 10b5-1 trading plan adopted on February 3, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"Shares held following the reported transactions include 55,114 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Shares include 374 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Employee Stock Option (Right to Buy) financial
"Employee Stock Option (Right to Buy) transaction covering 7,666 underlying Class A Common Stock shares."
weighted average sale price financial
"The shares were sold in multiple transactions at prices ranging from $55.15 to $56.105, inclusive. The price reported above reflects the weighted average sale price."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Dolby (DLB) SVP John Couling report?
John D. Couling reported exercising options for 7,666 Dolby Class A shares at $45.50 and selling 7,666 shares in open‑market trades. The sales occurred at weighted average prices of $56.16 and $55.5868 per share on June 1, 2026.
What stock options did the Dolby (DLB) SVP exercise in this report?
Couling exercised employee stock options covering 7,666 shares of Dolby Class A common stock at an exercise price of $45.50 per share. The options were part of a grant for 46,000 shares and were fully vested and exercisable on the transaction date.
Were the Dolby (DLB) insider stock sales under a Rule 10b5-1 plan?
Yes. The sales were executed under a Rule 10b5‑1 trading plan adopted on February 3, 2026. Such pre‑arranged plans automate trading according to preset instructions, helping separate personal trading decisions from non‑public information access.
What is notable about the restricted stock units held by Dolby’s SVP?
Couling’s post‑transaction holdings include 55,114 Dolby Class A shares underlying restricted stock units. These RSUs are subject to forfeiture until they vest, meaning the shares are not fully earned or transferable until specified vesting conditions are satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.
