Dolby (DLB) SVP Revankar sells 3,000 Class A shares in open market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dolby Laboratories, Inc. executive Shriram Revankar reported an open-market sale of company stock. On 02/17/2026, he sold 3,000 shares of Class A common stock at $66.14 per share. After this transaction, he beneficially owned 83,218 Class A shares, including 59,172 shares underlying restricted stock units that may be forfeited if they do not vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,000 shares ($198,420)
Net Sell
1 txn
Insider
Revankar Shriram
Role
SVP, Advanced Technology Group
Sold
3,000 shs ($198K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,000 | $66.14 | $198K |
Holdings After Transaction:
Class A Common Stock — 83,218 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did DLB executive Shriram Revankar report?
Shriram Revankar reported an open-market sale of Dolby Laboratories Class A shares. On 02/17/2026, he sold 3,000 shares at $66.14 per share. This transaction was reported as a direct ownership sale on a Form 4 insider trading report.
Was the DLB insider transaction an open-market sale or another type of trade?
The filing shows the DLB insider transaction was an open-market sale. The transaction code is “S,” and it is described as a sale in an open market or private transaction, covering 3,000 Class A shares at a price of $66.14 per share.
What portion of Shriram Revankar’s DLB holdings are restricted stock units?
Out of 83,218 Class A shares beneficially owned after the trade, 59,172 shares are underlying restricted stock units. These RSUs are subject to forfeiture until they vest, meaning he does not fully own them unless the vesting conditions are satisfied.
What is Shriram Revankar’s role at Dolby Laboratories (DLB)?
Shriram Revankar is an officer of Dolby Laboratories serving as SVP, Advanced Technology Group. His role is noted in the insider report, which also confirms he is not a director and not a ten percent owner of the company’s outstanding shares.
Is Shriram Revankar’s ownership in DLB direct or through another entity?
The Form 4 indicates that Shriram Revankar’s ownership is direct. The ownership form is marked as “D” for direct, and there is no indication in the footnotes that the reported shares are held through a trust, partnership, or other indirect entity.