AlphaYouDLB: Whitten Marc discloses securities transactions
By AlphaYouPublished Form 4
Whitten Marc
Reporting filer
Whitten Marc reported Grant or award in Dolby Laboratories, Inc.: 160256 units of Class A Common Stock, dated 2026-09-15. The full Form 4 contains 2 transaction entries.
- Disclosed
- Sep 17, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Whitten Marc | 2026-09-15 | A | Grant or award | 160256 | 0 | 160,256 | 2 days | Filed terms
|
| Performance-Based Restricted Stock Unit (derivative) | Whitten Marc | 2026-09-15 | A | Grant or award | 600000 | 0 | 600,000 | 2 days | Filed terms
|
Class A Common Stock
- Owner
- Whitten Marc
- Date
- 2026-09-15
- Code
- A
- Action
- Grant or award
- Quantity
- 160256
- Price
- 0
- Following holdings
- 160,256
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Class A Common Stock
- transaction Date: 2026-09-15
- transaction Form Type: 4
- transaction Code: A
- equity Swap Involved: false
- transaction Shares: 160256
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: A
- id: F1
- shares Owned Following Transaction: 160256
- id: F2
- direct Or Indirect Ownership: D
Performance-Based Restricted Stock Unit (derivative)
- Owner
- Whitten Marc
- Date
- 2026-09-15
- Code
- A
- Action
- Grant or award
- Quantity
- 600000
- Price
- 0
- Following holdings
- 600,000
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Performance-Based Restricted Stock Unit
- id: F3
- transaction Date: 2026-09-15
- transaction Form Type: 4
- transaction Code: A
- equity Swap Involved: false
- transaction Shares: 600000
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: A
- id: F3
- id: F3
- underlying Security Title: Class A Common Stock
- underlying Security Shares: 600000
- shares Owned Following Transaction: 600000
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Whitten Marc: President and CEO, Director.
- F1: The award represents a total of 160,256 restricted stock units granted under the terms of the Issuer's 2026 Inducement Stock Plan. Under the terms of the restricted stock unit grant agreement, 1/4 of the total number of units shall vest on March 15, 2027 and each six-month anniversary thereafter, subject to the Reporting Person's continued employment with the Issuer on each scheduled vesting date. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting.
- F2: Shares held following the reported transactions include 160,256 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
- F3: The award of 600,000 performance-based restricted stock units granted under the terms of the Issuer's 2026 Inducement Stock Plan is divided into five separate tranches of 150,000, 150,000, 100,000, 100,000 and 100,000 restricted stock units, respectively, with the tranches becoming eligible to vest upon satisfying stock-price hurdles of $75, $100, $125, $150, and $175, respectively, averaged over a consecutive sixty trading-day period within a five year performance period, with such achievement subject to adjustment to account for dividends, distributions, stock splits and other capitalization changes. The eligible shares will vest on certification of each level of achievement, assuming the Reporting Person's continued employment as the Issuer's Chief Executive Officer on each achievement date. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting.
Original sources
Prepared automatically from public filing data. Report a correction.