Mark Andrew Sherman - May 30, 2025 Form 4 Insider Report for Dolby Laboratories, Inc. (DLB)

Signature
/s/ Daniel Rodriguez as Attorney-in-Fact for Mark Andrew Sherman
Stock symbol
DLB
Transactions as of
May 30, 2025
Transactions value $
-$26,240
Form type
4
Date filed
6/3/2025, 04:44 PM
Previous filing
Feb 3, 2025
Next filing
Jun 6, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SHERMAN MARK ANDREW EVP, Gen. Counsel & Secretary C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO /s/ Daniel Rodriguez as Attorney-in-Fact for Mark Andrew Sherman 2025-06-03 0001256708

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLB Class A Common Stock Sale -$26.2K -350 -0.56% $74.97 62.4K May 30, 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Shares held following the reported transactions include 45,470 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
F2 Shares sold in the reported transaction consist of 350 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2025.