Prophet Tony A 4

What Happened
Tony A. Prophet, a director of Dolby Laboratories, was granted 3,908 restricted stock units (RSUs) on February 3, 2026. The award was recorded at $0.00 (no cash paid). Each RSU represents a contingent right to receive one share of Class A common stock upon vesting.

Key Details

• Transaction date: 2026-02-03; Form 4 filed 2026-02-05.
• Grant type/code: A (Award/Grant/Other Acquisition).
• Amount: 3,908 RSUs granted; reported acquisition price $0.00.
• Shares held after transaction: 3,908 shares underlying RSUs (subject to forfeiture until vesting).
• Vesting terms (footnote): RSUs vest on the earlier of (i) the first anniversary of the grant or (ii) the day before Dolby’s 2027 annual meeting, provided Prophet remains a board member on the vesting date.
• No indication of a 10b5-1 plan, tax withholding, or sale of shares in this filing.

Context
RSUs are a form of equity compensation that convert into company shares if and when they vest; they do not involve an immediate cash purchase or sale and are commonly used to align directors’ interests with shareholders. This filing reports the grant itself and does not by itself indicate buying or selling behavior in the open market.