STOCK TITAN

Dolby (NYSE: DLB) CFO sells 4,895 shares in open-market trades

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Dolby Laboratories SVP & Chief Financial Officer Robert J. Park reported open-market sales of a total of 4,895 shares of Class A common stock on May 12, 2026. The trades included 391 shares at $57.35 and 4,504 shares at $56.6165, within a price range of $56.335 to $57.13. After these transactions, his holdings include 48,874 shares underlying restricted stock units that remain subject to forfeiture until they vest.

Positive

  • None.

Negative

  • None.
Insider Park Robert J
Role SVP & Chief Financial Officer
Sold 4,895 shs ($277K)
Type Security Shares Price Value
Sale Class A Common Stock 4,504 $56.6165 $255K
Sale Class A Common Stock 391 $57.35 $22K
Holdings After Transaction: Class A Common Stock — 81,881 shares (Direct, null)
Footnotes (1)
  1. The shares were sold in multiple transactions at prices ranging from $56.335 to $57.13 , 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. Shares held following the reported transaction includes 48,874 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
Shares sold (total) 4,895 shares Net shares sold by CFO Robert J. Park on May 12, 2026
Block 1 sale 391 shares at $57.35 Class A common stock open-market sale
Block 2 sale 4,504 shares at $56.6165 Class A common stock open-market sale
Sale price range $56.335–$57.13 per share Multiple transactions; weighted average prices reported
Unvested RSU underlying shares 48,874 shares Class A common stock underlying restricted stock units still held
Class A Common Stock financial
"reported open-market sales of Class A common stock on May 12, 2026"
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.
restricted stock units financial
"includes 48,874 shares of Class A common stock underlying restricted stock units"
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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price"
open-market sale financial
"transaction_action is described as an open-market sale of shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
SEC Form 4
FORM 4UNITED 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).
X
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 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/12/2026S4,504D$56.6165(1)81,881(2)D
Class A Common Stock05/12/2026S391D$57.3581,490(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares were sold in multiple transactions at prices ranging from $56.335 to $57.13 , 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.
2. Shares held following the reported transaction includes 48,874 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 Robert Park05/14/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Dolby (DLB) report for Robert J. Park?

Dolby reported that SVP & CFO Robert J. Park sold 4,895 shares of Class A common stock in open-market transactions on May 12, 2026. These sales were disclosed in a Form 4 insider trading report filed with regulators.

How many Dolby (DLB) shares did the CFO sell and at what prices?

Robert J. Park sold 4,895 Dolby Class A shares, including 391 shares at $57.35 and 4,504 shares at $56.6165. A footnote states the trades occurred in multiple transactions between $56.335 and $57.13 per share, with reported prices as weighted averages.

What type of transaction did the Dolby (DLB) CFO execute?

The Dolby CFO executed open-market sales of Class A common stock, coded as “S” transactions on Form 4. This code indicates sales in the open market or private transactions, rather than option exercises, gifts, or tax-withholding related dispositions.

When did the Dolby (DLB) CFO’s share sales take place?

The reported sales by Dolby’s CFO occurred on May 12, 2026. All disclosed transactions in the Form 4 share this trade date and relate to Class A common stock sold in multiple executions within a relatively narrow intraday price range.

What Dolby (DLB) equity does the CFO still hold after these sales?

Following the reported sales, Robert J. Park’s holdings include 48,874 shares of Class A common stock underlying restricted stock units. A footnote explains these RSUs are subject to forfeiture until they vest, meaning they are contingent on continued service or other vesting conditions.

How were the Dolby (DLB) CFO’s sale prices calculated in the filing?

The reported per-share prices reflect weighted average sale prices across multiple trades. A footnote notes the actual executions ranged from $56.335 to $57.13, and states that full trade details will be provided upon request to regulators, the issuer, or its security holders.