Park Robert J sold DLB
October 15, 2024 · Form 4 insider transaction
Park Robert J sold 3,552 shares of Dolby Laboratories, Inc. at $69.11 per share, a transaction worth $245.5K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 366 days after the transaction.
Footnotes
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.; Shares held following the reported transactions include 38,186 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.; Shares include 350 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2025.