Dolby Laboratories, Inc. 8-K
Research Summary
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Dolby Laboratories Reports 2026 Annual Meeting Results
What Happened
Dolby Laboratories, Inc. filed an 8-K on February 6, 2026 reporting the results of its 2026 Annual Meeting of Stockholders held February 3, 2026 by webcast. Stockholders elected eight directors to serve until the 2027 annual meeting, approved an advisory (non-binding) vote on executive compensation, and ratified KPMG LLP as the company’s independent registered public accounting firm for the fiscal year ending September 25, 2026. Class A shares carry one vote and Class B shares carry ten votes; the two classes voted together as a single class at the meeting.
Key Details
- Directors elected (to serve until the 2027 Annual Meeting): Kevin Yeaman, Peter Gotcher, David Dolby, Tony Prophet, Emily Rollins, Simon Segars, Anjali Sud, Avadis Tevanian, Jr. — all nominees were duly elected. Broker non-votes: 3,884,937.
- Say-on-pay (Proposal 2): 396,794,929 votes FOR, 2,216,964 AGAINST, 86,887 ABSTENTIONS; Proposal 2 approved.
- Auditor ratification (Proposal 3): 400,209,219 votes FOR, 2,718,973 AGAINST, 55,525 ABSTENTIONS; KPMG LLP ratified for FY ending Sept 25, 2026.
- Meeting date: February 3, 2026; 8‑K filed February 6, 2026.
Why It Matters
Board continuity and shareholder approval of pay practices were confirmed, which supports stability in corporate governance and oversight. Ratification of KPMG as auditor confirms the firm that will audit Dolby’s financial statements for the coming fiscal year, a routine but important item for financial reporting and investor confidence. The say-on-pay vote is advisory (non-binding), but a strong FOR vote indicates shareholder support for the company’s executive compensation approach.