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Executive Julie Eddleman exits DoubleVerify (NYSE: DV), stays as advisor

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

DoubleVerify Holdings, Inc. reported that Julie Eddleman has decided to resign as Executive Vice President and Global Chief Commercial Officer, effective December 31, 2025, to pursue other interests. She will remain in her current role and compensation through that date while transitioning responsibilities as directed by the company and will be eligible for a fiscal year 2025 annual bonus under the existing bonus plan, subject to standard release and covenant conditions.

Under an Executive Separation Agreement and a Consulting Agreement, Ms. Eddleman’s post-employment consulting service will count as continued service for vesting of certain outstanding restricted stock units, nonqualified stock options and performance-based restricted stock units. Beginning January 1, 2026, she will serve as a Senior Advisor for an initial term of about six months, working on projects designated by the CEO and earning $350 per hour, with the arrangement terminable by the company on 30 days’ notice or immediately for cause.

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Insights

Senior commercial leader exits but with a structured, compensated transition.

The company disclosed that Executive Vice President and Global Chief Commercial Officer Julie Eddleman will resign effective December 31, 2025. Her leadership role in global commercial operations is significant, but the long lead time before departure and the formal separation and consulting arrangements suggest a planned transition rather than an abrupt change.

The separation terms keep her at current compensation through year-end 2025 and provide eligibility for a fiscal year 2025 bonus based on actual performance, aligning her incentives with the company’s results. Importantly, consulting service will count as continued service for vesting of certain restricted stock units, nonqualified stock options and performance-based restricted stock units, which supports continuity in her equity-based alignment.

From January 1, 2026, she will act as Senior Advisor for roughly six months at $350 per hour, on projects designated by the CEO, with termination allowed on 30 days’ notice or for cause. This structure helps preserve institutional knowledge and provides flexibility to adjust the arrangement if business needs or succession plans evolve.

0001819928false00018199282025-09-152025-09-15

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 15, 2025

DoubleVerify Holdings, Inc.

(Exact name of registrant as specified in its charter)

Delaware

    

001-40349

    

82-2714562

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

462 Broadway

    

New York, New York

10013

(Address of principal executive offices)

(Zip Code)

(212) 631-2111

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Class

Trading Symbol

Name of Each Exchange on Which Registered

Common stock, par value $0.001 per share

DV

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On September 15, 2025, Julie Eddleman notified DoubleVerify Holdings, Inc. (the “Company”) of her decision to resign as Executive Vice President and Global Chief Commercial Officer of the Company, effective as of December 31, 2025, to pursue other interests. Ms. Eddleman has agreed to assist the Company on transition matters as a consultant following her departure.

(e) In connection with Ms. Eddleman’s departure, Ms. Eddleman, DoubleVerify Inc. (“DV”) and the Company entered into an Executive Separation Agreement (the “Separation Agreement”) and Ms. Eddleman and DV entered into a Consulting Agreement (the “Consulting Agreement”) to provide for an orderly transition of her duties and responsibilities.

The Separation Agreement provides for Ms. Eddleman to continue in her current role at her current compensation through December 31, 2025, and to transition her responsibilities as directed by the Company. Subject to Ms. Eddleman’s continued compliance with the restrictive covenants applicable to her, and her execution, reaffirmation and non-revocation of a general release and waiver of claims against the Company, Ms. Eddleman will be entitled to an annual bonus pursuant to the terms of the Company’s fiscal year 2025 annual bonus plan at the level accrued by the Company based on actual performance and Ms. Eddleman’s service as a consultant will constitute continued service for purposes of the vesting of certain outstanding restricted stock units, nonqualified stock options and performance-based restricted stock units.

The Consulting Agreement has an initial term (the “Term”) of approximately 6 months, commencing on January 1, 2026, which may be terminated by the Company at any time on thirty (30) days prior written notice or immediately for “cause” or by the Consultant at any time for a material breach by the Company of the Consulting Agreement that is not timely cured. During the Term, Ms. Eddleman will serve as a Senior Advisor to the Company to work on projects designated by the Company’s Chief Executive Officer, and will be paid $350 per hour for each hour she provides services during the Term.

Item 7.01Regulation FD Disclosure.

On September 15, 2025, the Company issued a press release announcing Ms. Eddleman’s departure, which is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information in this Item 7.01 and in Exhibit 99.1 attached to this Form 8-K shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

Item 9.01.Financial Statements and Exhibits.

(d)     Exhibits

Exhibit Number

Description

99.1

Press Release dated September 15, 2025

104

Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DOUBLEVERIFY HOLDINGS, INC.

By:

/s/ Andy Grimmig

Name:

Andy Grimmig

Title:

Chief Legal Officer

Date: September 15, 2025

FAQ

When is Julie Eddleman leaving her role at DoubleVerify (DV)?

Julie Eddleman notified the company on September 15, 2025 that she will resign as Executive Vice President and Global Chief Commercial Officer, effective December 31, 2025.

Why is DoubleVerify executive Julie Eddleman resigning?

The company states that Julie Eddleman is resigning from her role as Executive Vice President and Global Chief Commercial Officer, effective December 31, 2025, to pursue other interests.

What are the key terms of Julie Eddleman’s separation from DoubleVerify (DV)?

Under the Executive Separation Agreement, Ms. Eddleman will remain in her current role and compensation through December 31, 2025, may receive a fiscal year 2025 annual bonus based on actual performance, and her post-employment consulting service will count as continued service for vesting of certain RSUs, nonqualified stock options and performance-based RSUs.

What does Julie Eddleman’s consulting role at DoubleVerify involve and how is she paid?

Starting January 1, 2026, Ms. Eddleman will serve as a Senior Advisor for an initial term of about six months, working on CEO-designated projects and earning $350 per hour for each hour of services, with the consulting agreement terminable by the company on 30 days’ notice or for cause.

How does Julie Eddleman’s consulting agreement with DoubleVerify (DV) affect her equity awards?

The company states that Ms. Eddleman’s service as a consultant will constitute continued service for purposes of vesting of certain outstanding restricted stock units, nonqualified stock options and performance-based restricted stock units.

Did DoubleVerify (DV) issue a press release about Julie Eddleman’s departure?

Yes. On September 15, 2025, DoubleVerify issued a press release announcing Ms. Eddleman’s departure, which is furnished as Exhibit 99.1 and is described as being provided under Regulation FD.

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