GOTCHER PETER C 4

What Happened

• Peter C. Gotcher, a director of Dolby Laboratories, received an award of 3,908 restricted stock units (RSUs) on February 3, 2026. The reported acquisition price is $0.00 (an equity award), so there was no cash purchase or sale. These RSUs represent contingent rights to receive one share of Class A common stock per unit upon vesting.

Key Details

• Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (timely filing).
• Transaction type/code: Award/Grant (A).
• Amount: 3,908 RSUs granted; reported price $0.00; reported cash value $0.
• Shares held after transaction: 3,908 shares underlying RSUs (subject to forfeiture until vesting).
• Vesting terms (from 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 Gotcher continues to serve as a director.
• Plan: Granted under Dolby’s 2020 Stock Plan.
• Filing timeliness: Report appears timely (filed two days after the transaction).

Context

• RSUs are not immediate stock ownership until they vest and are typically forfeitable if the recipient leaves before vesting. This award is a form of director compensation rather than an open-market purchase or sale, so it should not be read as a near-term buying or selling signal. Upon vesting, each RSU converts to one share of Class A common stock (subject to any tax withholding).