Transaction overview
Ryan Nicholson, who serves as vice president, chief accounting officer and corporate controller at Dolby Laboratories, Inc., sold 2,667 shares of the company’s Class A common stock on February 13, 2026. The shares changed hands at prices between $66.37 and $66.39, bringing the total proceeds from the sale to $177,022.
Concurrent option exercise
On the same date Nicholson exercised options to acquire an identical number of Class A shares - 2,667 - at an exercise price of $45.50 per share, for an aggregate cost of $121,348. The paired sale and exercise reduce the net option exposure while realizing proceeds from the sale of stock.
Market context
Dolby’s stock was trading at $63.65 at the time the market snapshot was recorded, representing roughly a 22% decline over the prior 12 months and placing the share price near its 52-week low of $60.14. Those price levels frame Nicholson’s transactions against a backdrop of a year-long share price pullback.
Company financials and valuation notes
Data referenced with the company’s financial profile highlights a gross profit margin of 87.86% and a dividend yield of 2.26%. The company has a record of raising its dividend for 12 consecutive years and is characterized as appearing undervalued according to a Fair Value assessment cited in the available research coverage. Dolby is included among a broad set of covered U.S. equities within the referenced pro research offering.
Quarterly performance
Dolby reported first-quarter 2026 results that exceeded expectations. Earnings per share came in at $1.06 versus an anticipated $0.88, a positive surprise quantified as 20.45%. Revenue for the quarter reached $347 million, topping the projected $332.07 million. Analysts highlighted the earnings beat in their commentary, and the results were presented as a strong quarter relative to consensus forecasts.
What this means
The insider sale and simultaneous option exercise are recorded alongside the company’s most recent financial disclosure showing outperformance against estimates, while the stock itself remains materially below its level from a year earlier and close to its 52-week low. Market participants continue to monitor both insider activity and quarterly results as part of Dolby’s evolving story.
Note: This article presents transaction and financial data as reported.