DoubleVerify (DV) Insider Files Form 144 for 1,000-Share Sale
Rhea-AI Filing Summary
DoubleVerify Holdings, Inc. (DV) filed a Form 144 to report an intended sale of securities. The filing shows 1,000 shares of Common stock to be sold through Morgan Stanley Smith Barney with an aggregate market value of $11,880, implying an indicated price near $11.88 per share. The sale is listed with an approximate date of 10/01/2025 and the shares outstanding figure shown is 163,628,379. The securities were acquired as restricted stock on 09/15/2020 directly from the issuer and were fully paid on that date.
The filing also discloses a recent sale by the reporting person: 4,096 shares sold on 09/17/2025 for gross proceeds of $53,207.04. The notice includes the required representation that the seller does not possess undisclosed material adverse information about the issuer.
Positive
- Full acquisition details provided (date, nature as restricted stock, and payment date), which supports compliance with Rule 144 requirements.
- Broker and planned sale date specified (Morgan Stanley Smith Barney; 10/01/2025), giving market participants clarity on execution channel and timing.
- Recent prior sale disclosed (4,096 shares on 09/17/2025 for $53,207.04), satisfying the three-month sales disclosure requirement.
Negative
- No information on whether a Rule 10b5-1 plan applies (plan adoption date not provided), so automated-trading-plan reliance is not documented in this filing.
Insights
TL;DR: Insider filing reports a small, routine sale of restricted shares; not a material event for DV given company size.
The Form 144 documents a proposed sale of 1,000 common shares via Morgan Stanley Smith Barney with an indicated aggregate market value of $11,880 and a recent completed sale of 4,096 shares for $53,207.04. The shares were acquired as restricted stock from the issuer on 09/15/2020. For an issuer with 163.6 million shares outstanding, these block sizes are immaterial to capitalization and are consistent with routine insider liquidity events. The filing includes the standard certification regarding absence of undisclosed material adverse information.
TL;DR: Filing appears procedurally complete, showing acquisition details and broker; no red flags in disclosure itself.
The Form 144 provides the required details: acquisition date, nature (restricted stock), broker name and address, intended sale date, and recent sales in the prior three months. The signature/representation language is present. There is no indication in this notice of trading-plan reliance or of any contrary compliance issues. The disclosure is consistent with Rule 144 reporting obligations for an insider disposing of restricted shares.