Dolby grants CEO Marc Whitten inducement equity awards worth about $10 million

DLB•2026-09-15

CEO inducement equity awards

Dolby Laboratories granted new CEO Marc Whitten inducement equity awards under its 2026 Inducement Stock Plan.

Time-based restricted stock units valued at about $10 million at grant, totaling 160,256 units, will vest semi-annually over two years.

Performance-based awards tied to stock-price hurdles

Whitten also received 600,000 performance-based restricted stock units tied to stock-price hurdles averaged over 60 trading days within five years.

The performance tranches become eligible at $75, $100, $125, and then higher levels up to $175.

Dolby grants CEO Marc Whitten inducement equity awards worth about $10 million

CEO inducement equity awards

Performance-based awards tied to stock-price hurdles

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