Dolby (NYSE: DLB) SVP sale leaves stake at 73,274 shares
Rhea-AI Filing Summary
Dolby Laboratories, Inc. (DLB) executive Shriram Revankar, SVP, Advanced Technology Group, reported selling 3,000 shares of Class A common stock on 2026-08-14 at $62.71 per share in an open-market or private transaction. The transaction was made pursuant to a Rule 10b5-1 trading plan. After this sale, he holds 73,274 shares directly, including 46,938 shares underlying restricted stock units that remain subject to forfeiture until they vest.
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Insider Trade Summary 10b5-1
Net Seller: 3,000 shares
Net Sell
1 txn
Insider
Revankar Shriram
Role
SVP, Advanced Technology Group
Sold
3,000 shs ($188K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 3,000 | $62.71 | $188K |
Holdings After Transaction:
Class A Common Stock — 73,274 shares (Direct)
Footnotes (1)
- F1. Shares held following the reported transactions include 46,938 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
Key Figures
Shares sold: 3,000 shares
Sale price: $62.71 per share
Shares held after transaction: 73,274 shares
+1 more
4 metrics
Shares sold
3,000 shares
Class A Common Stock sold on 2026-08-14
Sale price
$62.71 per share
Price for the 3,000 Class A shares sold
Shares held after transaction
73,274 shares
Direct Class A holdings following the reported sale
RSU underlying shares
46,938 shares
Class A shares underlying restricted stock units subject to forfeiture until vesting
Key Terms
Rule 10b5-1 trading plan, restricted stock units, subject to forfeiture, Class A common stock
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction was made pursuant to a Rule 10b5-1 trading plan"
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 of Class A common stock underlying restricted stock units, which are subject to forfeiture"
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.
subject to forfeiture financial
"units, which are subject to forfeiture until they vest"
Class A common stock financial
"Shares held following the reported transactions include 46,938 shares of Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did Dolby Laboratories (DLB) report for Shriram Revankar?
Dolby Laboratories (DLB) reported that SVP Shriram Revankar sold 3,000 shares of Class A common stock on 2026-08-14. The sale was executed as an open-market or private transaction under a Rule 10b5-1 trading plan.
How many Dolby (DLB) restricted stock units does Shriram Revankar have after this Form 4?
Post-transaction holdings include 46,938 shares of Dolby (DLB) Class A common stock underlying restricted stock units. These RSUs remain subject to forfeiture until they vest, as disclosed in the footnote.
Was the Dolby (DLB) insider sale by Shriram Revankar under a Rule 10b5-1 plan?
Yes. The filing indicates the transaction was conducted pursuant to a Rule 10b5-1 trading plan. Such plans pre-arrange trades, which can reduce the informational value of the timing of this 3,000-share sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.