Dolby (NYSE: DLB) CFO sells 4,895 shares in open-market trades
Filing Impact
Filing Sentiment
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 Trade Summary 10b5-1
Net Seller: 4,895 shares ($277,425)
Net Sell
2 txns
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)
- 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.
Key Figures
Shares sold (total): 4,895 shares
Block 1 sale: 391 shares at $57.35
Block 2 sale: 4,504 shares at $56.6165
+2 more
5 metrics
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
Key Terms
Class A Common Stock, restricted stock units, weighted average sale price, open-market sale
4 terms
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.
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.
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.
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.