Sud Anjali 4

What Happened Anjali Sud, a director of Dolby Laboratories (DLB), received an award of 3,908 restricted stock units (RSUs) on February 3, 2026. The Form 4 shows an award (transaction code A) at $0.00 per unit; the RSUs are a contingent right to receive one share of Class A common stock upon vesting, so no cash changed hands.

Key Details

• Transaction date: 2026-02-03; Form 4 filed 2026-02-05 (filed two days after the grant).
• Award: 3,908 RSUs granted under the Issuer’s 2020 Stock Plan; reported at $0.00 per unit.
• Shares held after transaction: includes 3,908 shares of Class A common stock underlying the RSUs (these are subject to forfeiture until vesting).
• Vesting: RSUs vest on the earlier of (i) the first anniversary of the grant or (ii) the day before Dolby’s 2027 annual meeting, provided Sud remains a board member.
• Transaction code: A = Award/Grant. No tax-withholding or 10b5-1 plan noted in the filing.

Context RSUs are deferred equity awards and do not represent immediately tradable shares until they vest. This grant is a common form of director compensation and does not indicate an open-market purchase or sale by the insider. No immediate cash proceeds or sales were involved.