DoubleVerify CEO exercises 70K shares, withholds stock for taxes
DoubleVerify Holdings, Inc. Chief Executive Officer Mark Zagorski reported routine equity compensation activity involving restricted stock units and performance stock units that vested into common stock.
Rhea-AI Filing Summary
DoubleVerify Holdings, Inc. Chief Executive Officer Mark Zagorski reported routine equity compensation activity involving restricted stock units and performance stock units that vested into common stock. On June 15, 2026, he exercised derivative awards to acquire 70,194 shares of common stock.
To cover tax obligations related to these vestings, 33,636 shares were disposed of through share withholding, a non-market transaction that does not involve open-market sales. Following these transactions, Zagorski directly holds 557,402 shares of DoubleVerify common stock, according to the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
70,194 shares exercised/converted
Exercise
16 txns
Insider
Zagorski Mark
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 22,919 | $0.00 | $0.00 |
| Exercise | Performance Stock Units | 12,122 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 15,219 | $0.00 | $0.00 |
| Exercise | Performance Stock Units | 2,757 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 7,802 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 9,375 | $0.00 | $0.00 |
| Exercise | Common Stock | 22,919 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 12,675 | $10.25 | $130K |
| Exercise | Common Stock | 12,122 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,704 | $10.25 | $69K |
| Exercise | Common Stock | 15,219 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,417 | $10.25 | $86K |
| Exercise | Common Stock | 2,757 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,525 | $10.25 | $16K |
| Exercise | Common Stock | 7,802 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,315 | $10.25 | $44K |
Holdings After Transaction:
Restricted Stock Units — 446,909 contracts (Direct);
Performance Stock Units — 78,241 contracts (Direct);
Common Stock — 574,341 shares (Direct)
Footnotes (11)
- F1. Each restricted stock unit was granted on March 12, 2026. 8.33% of the restricted stock units vested and were settled on March 15, 2026 (the "2026 Vesting Date"), and the remainder of the restricted stock units vest and settle at a rate of 8.33% on each quarterly anniversary of the 2026 Vesting Date.
- F2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- F3. Each performance stock unit was granted on March 13, 2025. 41.67% of the earned shares vested and were settled on the 2026 Vesting Date, and the remainder of the earned shares vest and settle at a rate of 8.33% on each quarterly anniversary of the 2026 Vesting Date.
- F4. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of performance stock units.
- F5. Each restricted stock unit was granted on March 13, 2025. 6.25% of the restricted stock units vested and were settled on March 15, 2025 (the "2025 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2025 Vesting Date.
- F6. Each performance stock unit was granted on December 19, 2023. 41.67% of the earned shares vested and were settled on the 2025 Vesting Date, and the remainder of the earned shares vest and settle at a rate of 8.33% on each quarterly anniversary of the 2025 Vesting Date.
- F7. Each restricted stock unit was granted on December 19, 2023. 6.25% of the restricted stock units vested and were settled on March 15, 2024 (the "2024 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2024 Vesting Date.
- F8. Restricted stock units convert into common stock on a one-for-one basis.
- F9. Performance stock units convert into common stock on a one-for-one basis.
- F10. As reported previously, vested shares will be delivered to the reporting person as soon as administratively feasible following his separation from service with the Issuer.
- F11. Each restricted stock unit was granted on December 12, 2022. 6.25% of the restricted stock units vested on March 15, 2023 (the "2023 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2023 Vesting Date.
Key Figures
Shares acquired via exercises: 70,194 shares
Shares withheld for taxes: 33,636 shares
Post-transaction holdings: 557,402 shares
+3 more
6 metrics
Shares acquired via exercises
70,194 shares
Exercise of RSUs and PSUs on June 15, 2026
Shares withheld for taxes
33,636 shares
Tax withholding related to vesting on June 15, 2026
Post-transaction holdings
557,402 shares
Common stock directly held after transactions
Tax withholding price
$10.25 per share
Value used for F-code withholding transactions
RSU grant vesting rate
8.33%
Quarterly vesting from 2026 Vesting Date for March 12, 2026 grant
PSU initial vesting portion
41.67%
Portion of earned PSUs vesting on designated Vesting Dates
Key Terms
restricted stock unit, performance stock unit, tax withholding obligations, vesting Date, +1 more
5 terms
restricted stock unit financial
"Each restricted stock unit was granted on March 12, 2026. 8.33% of the restricted stock units vested and were settled on March 15, 2026"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
performance stock unit financial
"Each performance stock unit was granted on March 13, 2025. 41.67% of the earned shares vested and were settled on the 2026 Vesting Date"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units."
vesting Date financial
"vested and were settled on March 15, 2026 (the "2026 Vesting Date"), and the remainder of the restricted stock units vest"
convert into common stock on a one-for-one basis financial
"Restricted stock units convert into common stock on a one-for-one basis."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DoubleVerify (DV) CEO Mark Zagorski report in this Form 4?
Mark Zagorski reported routine equity compensation activity. He exercised restricted and performance stock units into common shares and had a portion withheld to cover taxes. These transactions reflect vesting and tax settlements rather than open-market stock purchases or sales.
Were these DoubleVerify (DV) CEO transactions open-market buys or sells?
No open-market buys or sells were reported. The filing shows M-code transactions for exercising derivative awards and F-code transactions for tax withholding. F-code entries represent shares withheld for taxes, not discretionary open-market stock sales or purchases by the CEO.
What types of equity awards vested for the DoubleVerify (DV) CEO?
The filing shows vesting of restricted stock units and performance stock units, each converting into common stock on a one-for-one basis. Footnotes describe grant dates in 2022, 2023, 2025, and 2026, with quarterly vesting patterns after defined vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
