Revankar Shriram 4

What Happened
Revankar Shriram, Senior Vice President of the Advanced Technology Group at Dolby Laboratories (DLB), sold 3,000 shares in an open‑market transaction on February 17, 2026. The shares were sold at $66.14 each for total proceeds of approximately $198,420. This was a sale (not a purchase or option exercise), which is often routine insider selling.

Key Details

• Transaction date: 2026-02-17
• Transaction type/code: Open-market sale (S)
• Shares sold: 3,000 at $66.14 per share — proceeds ≈ $198,420
• Shares held after transaction: Filing notes that shares held following the reported transactions include 59,172 shares of Class A common stock underlying restricted stock units (subject to forfeiture until they vest) (Footnote F1)
• No 10b5‑1 plan or tax‑withholding note disclosed in the filing; no late filing indicated (filed same day, 2026-02-17)

Context
Sales by executives can be routine (for liquidity, diversification, tax reasons, etc.) and do not by themselves indicate a change in company outlook. Purchases generally carry more informational weight for investors. The filing shows RSUs that are still subject to forfeiture until they vest, and this transaction was a straightforward open‑market sale.