Executive Vice President, General Counsel and Corporate Secretary · Dolby Laboratories, Inc. (DLB)

Andy Sherman

A named executive officer of Dolby Laboratories in every fiscal year CompBrief holds from FY2016 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$4,044,164

FY2024: $3,756,577

3rd of 5 named executive officers at Dolby Laboratories by FY2025 total.

5 named officers on file for Dolby Laboratories, FY2025

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What this number hides

The filing gives the total. Dolby Laboratories’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed December 16, 2025 (DEF 14A).

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Andy Sherman compensation by year

Dolby Laboratories Summary Compensation Table · all 10 fiscal years held
In US dollars, as Dolby Laboratories reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$445,949$450,750$473,500$494,923$511,135$526,019$552,192$558,000$574,750$579,000
Bonus$58,763$78,202$87,360$84,500$0$0$0$0$0$0
Stock awards$414,375$591,500$872,480$816,790$1,334,982$1,948,770$2,063,126$1,926,573$2,102,709$2,304,613
Option awards$630,970$858,242$1,137,590$1,043,120$836,400$624,503$660,383$630,878$716,190$762,984
Non-equity incentive$235,053$312,806$349,440$253,500$254,410$396,175$131,313$357,994$325,543$353,769
Pension and deferred compensation$0$0$0$0$0$0$0$0$0$0
All other$29,162$29,636$29,878$30,220$31,180$31,848$33,155$35,745$37,385$43,798
Total$1,814,272$2,321,136$2,950,248$2,723,053$2,968,107$3,527,315$3,440,169$3,509,190$3,756,577$4,044,164

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Dolby Laboratories, Inc. DEF 14A filed December 16, 2025, accession 0001193125-25-320032, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Dolby Laboratories, Inc. filed document, accession 0001193125-25-320032. Every figure is read from that document and cited to the page and table it appears in. Filed December 16, 2025.

$1.8M
$2.3M
$3.0M
$2.7M
$3.0M
$3.5M
$3.4M
$3.5M
$3.8M
$4.0M
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU20,085$1,453,953—
RSU12,545$908,133—
PSU10,042$726,940—
RSU9,150$662,369—
PSU9,149$662,296—
PSU4,181$302,663—
RSU3,690$267,119—
Option16,491—$87.49
Option35,307—$77.91
Option1,910—$91.80
Option10,295—$71.07

Per the Outstanding Equity Awards at Fiscal Year-End table in Dolby Laboratories, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments Dolby Laboratories discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Change in control and resignation for good reason—$4,414,178—$4,414,178
Change in control and involuntary termination—$4,414,178—$4,414,178
Change in control, no termination—$4,414,178—$4,414,178

Per the Potential Payments Upon Termination or Change in Control table in Dolby Laboratories, Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

Dolby Laboratories’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Kevin YeamanPresident and Chief Executive Officer$10,193,397
John CoulingSenior Vice President, Entertainment$4,130,882
Andy Sherman · this pageExecutive Vice President, General Counsel and Corporate Secretary$4,044,164
Shriram RevankarSenior Vice President, Advanced Technology Group$3,688,289
Robert ParkSenior Vice President and Chief Financial Officer$3,620,627

Andy Sherman's compensation dossier, Dolby Laboratories

You have read Andy Sherman's totals and holdings. The dossier adds each equity grant Dolby Laboratories disclosed for Andy Sherman and Dolby Laboratories's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full Dolby Laboratories compensation record

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Dolby Laboratories's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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