Trade Summary

6 days ago, Pendleton Todd, serving as SVP, Chief Marketing Officer at Dolby Laboratories, Inc. (DLB), sold 11,876 shares at $54.55 per share, for a total transaction value of $647,857.18. Following this transaction, Pendleton Todd now holds 41,480 shares of DLB.

This sale represents a 22.26% decrease in Pendleton Todd's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, May 22, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, May 27, 2026 at 5:10 PM ET, 5 days after the trade was made.

Dolby Laboratories, Inc. operates in the INDUSTRIALS sector, specifically within the SPECIALTY BUSINESS SERVICES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.