Dolby Laboratories, Inc. — Director's Dealing 2025

Sep 18, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dolby Laboratories, Inc. (DLB)
CIK: 0001308547
Period of Report: 2025-09-16

Reporting Person: YEAMAN KEVIN J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-09-16	Class A Common Stock	M	25000	$45.5	Acquired	139725	Indirect
2025-09-16	Class A Common Stock	S	25000	$71.6596	Disposed	114725	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-09-16	Employee Stock Option (Right to Buy)	$45.5	M	25000	Disposed	2026-12-15	Class A Common Stock (25000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	127735	Direct
Class A Common Stock	2.5592	Indirect

Footnotes

F1: By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009

F2: The shares were sold in multiple transactions at prices ranging from $71.285 to $71.88, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.

F3: Shares held following the reported transactions include 127,735 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.

F4: This option was granted for a total of 194,399 shares of Class A Common Stock. The option exercised in this transaction was fully vested and exercisable as of the transaction date.