DV insider notice: 51,230 DV shares to be sold via J.P. Morgan on 09/09/2025
Rhea-AI Filing Summary
DoubleVerify Holdings, Inc. (DV) Form 144 notice reports a proposed sale of 51,230 shares of common stock to be executed through J.P. Morgan Securities LLC on 09/09/2025, with an aggregate market value of $757,691.70 and total shares outstanding reported as 163,628,379. The shares originated from 581,014 Series A preferred shares received from the issuer on 11/18/2020 in a financing transaction; the preferred stock was converted into common stock in connection with the company’s IPO. The filer certifies there were no other securities sold in the past three months and signs the standard attestation regarding material nonpublic information.
Positive
- Disclosure of broker and sale details: sale to be executed through J.P. Morgan Securities LLC, giving transparency on execution channel
- Clear acquisition history: shares traceable to Series A preferred received 11/18/2020 and converted at the IPO, supporting provenance of the shares
Negative
- None.
Insights
TL;DR: Insider-originated shares converted at IPO and a planned brokered sale of 51,230 shares valued at $757,692.
The filing discloses a routine Rule 144 notice for a planned sale through J.P. Morgan Securities LLC on 09/09/2025. The shares sold were originally Series A preferred shares received in a financing and converted at the IPO, which is a common source for restricted stock becoming tradable. The size and value of the sale are modest relative to the reported shares outstanding; the notice contains no disclosure of other recent sales and includes the standard representation regarding material nonpublic information. This is procedural disclosure rather than a corporate operational event.
TL;DR: Filing is a standard compliance disclosure under Rule 144; it affirms no undisclosed material information and lists a brokered sale.
The Form 144 meets regulatory requirements by identifying the broker, the class and quantity of securities, acquisition history, and the attestation about material information. The conversion of Series A preferred into common shares at IPO and the subsequent planned sale are properly documented. There are no governance actions, related-party transactions beyond the conversion, or disclaimers indicating any undisclosed events. This filing should be viewed as compliance-level transparency by the selling holder.