Ryan Nicholson - 15 Dec 2025 Form 4 Insider Report for Dolby Laboratories, Inc. (DLB)

Role
VP, CAO and Corp. Controller
Signature
/s/ Daniel Rodriguez, Attorney-in-Fact for Ryan Nicholson
Issuer symbol
DLB
Transactions as of
15 Dec 2025
Net transactions value
-$146,910
Form type
4
Filing time
17 Dec 2025, 21:46:19 UTC
Previous filing
06 Feb 2025
Next filing
17 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Nicholson Ryan VP, CAO and Corp. Controller C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO /s/ Daniel Rodriguez, Attorney-in-Fact for Ryan Nicholson 17 Dec 2025 0001767009

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLB Class A Common Stock Award $0 +9,032 +30% $0.000000 39,140 15 Dec 2025 Direct F1, F2, F3
transaction DLB Class A Common Stock Tax liability $103,674 -1,535 -3.9% $67.54 37,605 15 Dec 2025 Direct F4, F5
transaction DLB Class A Common Stock Tax liability $43,236 -649 -1.7% $66.62 36,956 16 Dec 2025 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award represents a total of 9,032 restricted stock units granted under the terms of the Issuer's 2020 Stock Plan. Under the terms of the restricted stock unit grant agreement, 1/4 of the total number of units shall vest on each anniversary of December 15, 2025. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting.
F2 Shares held following the reported transactions include 25,470 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
F3 Shares include 313 and 37 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2025 and November 17, 2025, respectively.
F4 In accordance with Rule 16b-3, shares reported as disposed of were withheld by the Issuer in a transaction exempt from Section 16(b) and not issued to the reporting person in order to cover withholding taxes incidental to the vesting of restricted stock units.
F5 Shares held following the reported transactions include 21,135 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
F6 Shares held following the reported transactions include 19,303 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.