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Dolby Laboratories(DLB.US) Officer Sells US$1.99 Million in Common Stocks

moomoo News · Mar 1 17:14

DLB -0.89%

$Dolby Laboratories (DLB.US)$ Officer Pendleton Todd sold 24,395 shares of Common Stocks on Feb 28, 2024 at an average price of $81.6888 for a total value of $1.99 million.

Source: Announcement

What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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