Mark Andrew Sherman, EVP, General Counsel & Secretary at Dolby Laboratories, Inc. (DLB), sold 40,000 shares at $86.00 ($3.4M) on 2025-01-30, disclosed to the SEC on 2025-02-03.
Scheduled sale ($3.4M) by EVP, General Counsel & Secretary under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $83.00 | 15,000 | $1.2M | 36.7% |
| 2 | $86.00 | 25,000 | $2.1M | 63.3% |
| Total | $84.88 avg | 40,000 | $3.4M | 100% |
| Filing → |
| DLB | SELL | 2025-06-06 | $1.1M | — | Filing → |
| DLB | SELL | 2025-06-03 | $26K | — | Filing → |
| DLB | SELL | 2024-12-18 | $1.9M | — | Filing → |