Dolby Laboratories, Inc. — Director's Dealing 2026

Feb 17, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dolby Laboratories, Inc. (DLB)
CIK: 0001308547
Period of Report: 2026-02-13

Reporting Person: Nicholson Ryan (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-13	Class A Common Stock	M	2667	$45.50	Acquired	39623	Direct
2026-02-13	Class A Common Stock	S	2667	$66.3752	Disposed	36956	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-13	Employee Stock Option (Right to Buy)	$45.50	M	2667	Disposed	2026-12-15	Class A Common Stock (2667)	Direct

Footnotes

F1: Shares held following the reported transactions include 19,303 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.

F2: The shares were sold in multiple transactions at prices ranging from $66.37 to $66.39, 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: This option was granted for a total of 2,667 shares of Class A Common Stock. The option exercised in this transation was fully vested and exercisable as of the transaction date.