Dolby awards SVP 48,076 restricted stock units

Dolby SVP Entertainment John D. Couling received a 48,076‑unit RSU grant vesting in 2028, increasing his reported Class A share holdings to 166,803.

Rhea-AI Filing Summary

Dolby Laboratories, Inc. (symbol: DLB) is the issuer of record for a Form 4 filing submitted to the SEC. Couling John D reported acquisition or exercise transactions in this Form 4 filing.

Dolby Laboratories, Inc. executive John D. Couling, SVP, Entertainment, received an equity compensation grant of 48,076 restricted stock units (RSUs) of Class A Common Stock on September 15, 2026 under the company’s 2020 Stock Plan. All RSUs vest on September 15, 2028, subject to his continued service, with each unit delivering one share upon vesting. Following this award, he holds 166,803 Class A shares in total, including 103,190 shares underlying unvested RSUs that remain subject to forfeiture. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 48,076 shares

Grant/Award 1 txn

Insider Couling John D

Role SVP, Entertainment

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock F1, F2	48,076	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 166,803 shares (Direct)

Footnotes (2)

1. F1. Award represents a total of 48,076 restricted stock units granted under the terms of the Issuer's 2020 Stock Plan. Under the terms of the restricted stock unit grant agreement, 100% of the units shall vest on September 15, 2028, subject to the Reporting Person continuing to be a service provider through such date. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting.
2. F2. Shares held following the reported transactions include 103,190 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.

Key Figures

RSUs granted: 48,076 units Vesting date: September 15, 2028 Total shares after grant: 166,803 shares +2 more

5 metrics

RSUs granted 48,076 units Restricted stock units of Class A Common Stock granted on September 15, 2026

Vesting date September 15, 2028 Date when 100% of the 48,076 RSUs are scheduled to vest

Total shares after grant 166,803 shares Class A Common Stock held by John D. Couling following the reported transaction

Unvested RSU underlying shares 103,190 shares Class A shares underlying restricted stock units that are subject to forfeiture until vesting

Grant price per share $0.00 Reported price for the RSU grant, consistent with a compensation award

Key Terms

restricted stock units, 2020 Stock Plan, contingent right, subject to forfeiture

4 terms

restricted stock units financial

"Award represents a total of 48,076 restricted stock units granted under the terms"

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.

2020 Stock Plan financial

"restricted stock units granted under the terms of the Issuer's 2020 Stock Plan"

contingent right financial

"Each unit represents a contingent right to receive one share of the Issuer's"

subject to forfeiture financial

"underlying restricted stock units, which are subject to forfeiture until they vest"

FAQ

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

What equity award did Dolby Laboratories (DLB) grant to John D. Couling?

Dolby granted 48,076 restricted stock units (RSUs) of Class A Common Stock to SVP, Entertainment John D. Couling on September 15, 2026 under its 2020 Stock Plan, with each unit representing a contingent right to receive one share upon vesting.

When do John D. Couling’s new Dolby (DLB) RSUs vest?

The 48,076 RSUs granted to John D. Couling are scheduled to vest 100% on September 15, 2028, provided he continues to be a service provider to Dolby Laboratories, Inc. through that date.

How many Dolby (DLB) shares does John D. Couling hold after this Form 4 transaction?

After the reported RSU grant, John D. Couling holds 166,803 shares of Dolby Class A Common Stock, including 103,190 shares underlying unvested restricted stock units that are subject to forfeiture until they vest.

Are John D. Couling’s Dolby (DLB) RSUs currently vested?

No. The 48,076 RSUs granted on September 15, 2026 will vest entirely on September 15, 2028, subject to his continued service. Until vesting, they represent contingent rights, not currently vested shares.

Was John D. Couling’s Dolby (DLB) equity grant made under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan for this transaction. It is reported as a grant of restricted stock units under Dolby’s 2020 Stock Plan rather than under a pre-arranged trading plan.

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

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Available on EDGAR 09/17/2026 - 05:06 PM Accepted by SEC EDGAR 09/17/2026 - 05:05 PM Learn about SEC filing dates

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^*

Couling John D

(Last) (First) (Middle)

C/O DOLBY LABORATORIES, INC.

1275 MARKET STREET

(Street)

SAN FRANCISCO CALIFORNIA 94103

(City) (State) (Zip)

UNITED STATES

(Country)

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, Entertainment

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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

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

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

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	09/15/2026		A		48,076	A(1)	$0	166,803(2)	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. Award represents a total of 48,076 restricted stock units granted under the terms of the Issuer's 2020 Stock Plan. Under the terms of the restricted stock unit grant agreement, 100% of the units shall vest on September 15, 2028, subject to the Reporting Person continuing to be a service provider through such date. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting.

2. Shares held following the reported transactions include 103,190 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.

	/s/ Daniel Rodriguez as Attorney-in-Fact for John Couling	09/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)