DoubleVerify (DV) CEO logs ESPP purchase of 416 shares at $8.25
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoubleVerify Holdings, Inc. Chief Executive Officer Mark Zagorski reported a small administrative stock transaction under the company’s Employee Stock Purchase Plan. On the transaction date, 416 shares of common stock were purchased at $8.25 per share, reflecting a 15% ESPP discount. Following this, Zagorski directly held 547,158 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zagorski Mark
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 416 | $8.25 | $3K |
Holdings After Transaction:
Common Stock — 547,158 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
ESPP shares acquired: 416 shares
ESPP purchase price: $8.25 per share
Post-transaction holdings: 547,158 shares
+1 more
4 metrics
ESPP shares acquired
416 shares
Common Stock under 2021 ESPP
ESPP purchase price
$8.25 per share
Purchase price under ESPP discount formula
Post-transaction holdings
547,158 shares
Direct common stock ownership after transaction
ESPP discount
15%
Discount to lesser of start-of-period or purchase-date price
Key Terms
Employee Stock Purchase Plan (ESPP), Form 4, Other acquisition or disposition, purchase price per share
4 terms
Employee Stock Purchase Plan (ESPP) financial
"Pursuant to the DoubleVerify Holdings, Inc. 2021 Employee Stock Purchase Plan (ESPP), the purchase price per share reported reflects a discount"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""
FAQ
What insider transaction did DoubleVerify (DV) CEO Mark Zagorski report?
Mark Zagorski reported a small Employee Stock Purchase Plan transaction involving 416 shares of DoubleVerify common stock. The shares were acquired through the 2021 ESPP and are reflected as an administrative Form 4 entry rather than an open-market trade.
What is the nature of the Form 4 code J transaction for DV’s CEO?
The transaction is coded J, described as an “other acquisition or disposition.” In this case, it reflects an ESPP-related purchase rather than a standard open-market buy or sale, making it more of an administrative, compensation-linked entry than a discretionary stock trade.
How does the DoubleVerify 2021 ESPP pricing work for this transaction?
The 2021 Employee Stock Purchase Plan sets the purchase price at a 15% discount to the lesser of the share price on the first day of the offering period or the purchase date. The reported $8.25 per share reflects this discounted ESPP formula for participants.