Todd Pendleton - 19 Feb 2025 Form 4 Insider Report for Dolby Laboratories, Inc. (DLB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Feb 2025, 17:17:52 UTC
Prior SEC filing
18 Dec 2024
Next SEC filing
17 Dec 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Daniel Rodriguez as Attorney-in-Fact for Todd Pendleton

Key filing fact

Todd Pendleton filed Form 4 for Dolby Laboratories, Inc. (DLB) on 21 Feb 2025.

Key facts

  • This page summarizes Todd Pendleton's Form 4 filing for Dolby Laboratories, Inc. (DLB).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 21 Feb 2025, 17:17.

Change

  • Previous filing in this sequence was filed on 18 Dec 2024.
  • Current net transaction value: -$999,852.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DLB transaction

Class A Common Stock

Options Exercise

Transaction value
$517,816
Shares
+7,286
Change %
+15%
Price
$71.07
Shares after
55,411
Date
19 Feb 2025
Ownership
Direct
Footnotes
F1
DLB transaction

Class A Common Stock

Sale

Transaction value
$1,517,668
Shares
-18,121
Change %
-33%
Price
$83.75
Shares after
37,290
Date
19 Feb 2025
Ownership
Direct
Footnotes
F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DLB transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-7,286
Change %
-35%
Price
$0.000000
Shares after
13,358
Date
19 Feb 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
7,286
Exercise price
$71.07
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Shares held following the reported transactions include 37,290 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.

Footnote F2

This option was granted for a total of 29,143 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2022, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.

Footnote F3

The shares were sold in multiple transactions at prices ranging from $83.41 to $84.19, 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.

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