Dolby (DLB) CFO Form 4: 3,552 shares withheld at $69.11

Dolby Laboratories (DLB) filed a Form 4 for CFO Robert Park.

Accepted by SEC EDGAR 10/16/2025 - 08:24 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Dolby Laboratories (DLB) filed a Form 4 for CFO Robert Park. The filing reports 3,552 shares of Class A common stock withheld at $69.11 to cover taxes upon RSU vesting, a transaction exempt under Rule 16b‑3.

Following the withholding, Park beneficially owns 66,085 shares, including 38,186 shares underlying RSUs that remain subject to forfeiture until they vest. Holdings also include 350 shares acquired under the Employee Stock Purchase Plan on May 15, 2025.

Insider Trade Summary

Exercise Price or Tax Liability: 3,552 shares

Exercise Price or Tax Liability 1 txn

Insider Park Robert J

Role SVP & Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	3,552	$69.11	$245K

Holdings After Transaction: Class A Common Stock — 66,085 shares (Direct)

Holdings Before and After: Class A Common Stock, 69,637 to 66,085 shares (Direct)

Footnotes (3)

1. F1. In accordance with Rule 16b-3, shares reported as disposed of were withheld by the Issuer in a transaction exempt from Section 16(b) and not issued to the reporting person in order to cover withholding taxes incidental to the vesting of restricted stock units.
2. F2. Shares held following the reported transactions include 38,186 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
3. F3. Shares include 350 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2025.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Dolby (DLB) disclose in this Form 4?

CFO Robert Park reported 3,552 shares withheld at $69.11 to cover taxes related to RSU vesting, exempt under Rule 16b-3.

How many Dolby shares does the CFO beneficially own after the transaction?

The filing lists 66,085 shares beneficially owned after the reported transaction.

How many RSUs are included in the CFO’s holdings?

Holdings include 38,186 shares of Class A common stock underlying RSUs that are subject to forfeiture until they vest.

What was the price used for the tax withholding in the Form 4?

The shares were withheld at $69.11 per share.

Did the CFO acquire any shares through an ESPP?

Yes. The holdings include 350 shares acquired under the Employee Stock Purchase Plan on May 15, 2025.

What is the nature of the reported transaction under SEC rules?

It is a tax withholding related to RSU vesting and is exempt from Section 16(b) under Rule 16b-3.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Park Robert J

(Last) (First) (Middle)

C/O DOLBY LABORATORIES, INC.

1275 MARKET STREET

(Street)

SAN FRANCISCO CA 94103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Dolby Laboratories, Inc. [ DLB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	10/15/2024		F(1)		3,552	D	$69.11	66,085(2)(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. In accordance with Rule 16b-3, shares reported as disposed of were withheld by the Issuer in a transaction exempt from Section 16(b) and not issued to the reporting person in order to cover withholding taxes incidental to the vesting of restricted stock units.

2. Shares held following the reported transactions include 38,186 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.

3. Shares include 350 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2025.

	/s/ Daniel Rodriguez as Attorney-in-Fact for Robert Park	10/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.