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            <secFileNumber>001-32431</secFileNumber>
            <issuerAddress>
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                <ns2:city>San Francisco</ns2:city>
                <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                <ns2:zipCode>94103-1410</ns2:zipCode>
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            <issuerContactPhone>(415) 558-0200</issuerContactPhone>
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            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
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                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
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            <noOfUnitsOutstanding>96066188</noOfUnitsOutstanding>
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            <securitiesExchangeName>NYSE</securitiesExchangeName>
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            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>07/15/2025</acquiredDate>
            <natureOfAcquisitionTransaction>Stock Option Exercise</natureOfAcquisitionTransaction>
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            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>39875</amountOfSecuritiesAcquired>
            <paymentDate>07/15/2025</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
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                <address>
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                    <ns2:city>San Francisco</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94103-1410</ns2:zipCode>
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            <securitiesClassTitle>Common</securitiesClassTitle>
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            <amountOfSecuritiesSold>25000</amountOfSecuritiesSold>
            <grossProceeds>1850530.00</grossProceeds>
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                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94103-1410</ns2:zipCode>
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                    <ns2:zipCode>94103-1410</ns2:zipCode>
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            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>06/10/2025</saleDate>
            <amountOfSecuritiesSold>8683</amountOfSecuritiesSold>
            <grossProceeds>661828.68</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>07/15/2025</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>02/28/2025</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Kevin John Yeaman</signature>
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144
0001200469
XXXXXXXX
LIVE
0001308547
DOLBY LABORATORIES, INC.
001-32431
1275 Market Street
San Francisco
CA
94103-1410
(415) 558-0200
YEAMAN FAMILY TRUST U/A DTD 05/14/2009
Officer
Director
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
39875
2983287.84
96066188
07/15/2025
NYSE
Common
07/15/2025
Stock Option Exercise
ISSUER
N
39875
07/15/2025
Cash
N
YEAMAN FAMILY TRUST U/A DTD 05/14/2009
1275 Market Street
San Francisco
CA
94103-1410
Common
06/24/2025
25000
1850530.00
YEAMAN FAMILY TRUST U/A DTD 05/14/2009
1275 Market Street
San Francisco
CA
94103-1410
Common
06/10/2025
25000
1905650.00
YEAMAN FAMILY TRUST U/A DTD 05/14/2009
1275 Market Street
San Francisco
CA
94103-1410
Common
06/10/2025
8683
661828.68
07/15/2025
02/28/2025
/s/ Kevin John Yeaman