DoubleVerify (DV) CLO gains 27K shares from vested equity awards

Rhea-AI Filing Summary

DoubleVerify Holdings, Inc. Chief Legal Officer Andrew E. Grimmig reported equity award vesting activity. On June 15, 2026, he exercised restricted stock units and performance stock units that had vested under prior grants, acquiring a total of 27,029 shares of common stock through derivative exercises only.

All transactions were coded as option or unit exercises, with no open-market purchases or sales reported. Footnotes explain that the RSUs and PSUs were granted between December 2022 and March 2026 and vest in scheduled quarterly installments, and that each unit converts into one share of common stock.

Insights

Equity compensation analyst

Routine vesting-related equity exercises with no market trades.

Andrew E. Grimmig, Chief Legal Officer of DoubleVerify, reported multiple code M transactions on June 15, 2026, exercising vested restricted stock units and performance stock units into 27,029 shares of common stock. These are compensation-related equity conversions, not open-market buying.

Footnotes show the awards were granted in 2022, 2023, 2025, and 2026 with vesting rates such as 8.33% and 6.25% each quarter after specific vesting dates. RSUs and PSUs convert one-for-one into common stock, so the filings simply move value from derivative awards into regular shares.

No sales, tax withholdings, or restructuring transactions are listed in the summary, and derivativeSummary is empty after these exercises, indicating no remaining derivative position is shown in this excerpt. Taken together, this looks like standard executive equity vesting, a neutral event rather than a directional signal on the stock.

Insider Trade Summary

27,029 shares exercised/converted

Mixed 12 txns

Insider Grimmig Andrew E

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	12,189	$0.00	--
Exercise	Performance Stock Units	4,041	$0.00	--
Exercise	Restricted Stock Units	5,073	$0.00	--
Exercise	Performance Stock Units	842	$0.00	--
Exercise	Restricted Stock Units	2,384	$0.00	--
Exercise	Restricted Stock Units	2,500	$0.00	--
Exercise	Common Stock	12,189	$0.00	--
Exercise	Common Stock	4,041	$0.00	--
Exercise	Common Stock	5,073	$0.00	--
Exercise	Common Stock	842	$0.00	--
Exercise	Common Stock	2,384	$0.00	--
Exercise	Common Stock	2,500	$0.00	--

Holdings After Transaction: Restricted Stock Units — 121,872 shares (Direct, null); Performance Stock Units — 24,240 shares (Direct, null); Common Stock — 154,878 shares (Direct, null)

Footnotes (1)

1. 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. 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. 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. 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. 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. Each restricted stock unit was granted on December 12, 2022. 6.25% of the restricted stock units vested and were settled 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. Restricted stock units convert into common stock on a one-for-one basis. Performance stock units convert into common stock on a one-for-one basis.

Key Figures

Shares acquired via exercises: 27,029 shares Exercise transactions: 6 transactions Quarterly vesting rate (RSUs, 2026 grant): 8.33% +3 more

6 metrics

Shares acquired via exercises 27,029 shares Total derivative exercises reported on June 15, 2026

Exercise transactions 6 transactions Code M derivative exercises in transaction summary

Quarterly vesting rate (RSUs, 2026 grant) 8.33% RSUs granted March 12, 2026 vest 8.33% each quarter after March 15, 2026

Quarterly vesting rate (RSUs, 2023–2025 grants) 6.25% Certain RSUs vest 6.25% each quarter after initial vesting dates

Initial PSU vesting portion 41.67% Earned PSUs vest 41.67% on first vesting date before quarterly installments

Acquisition transactions 12 entries All transactions classified with acquire direction in summary

Key Terms

Restricted stock units, Performance stock units, derivative security, vested and were settled, +1 more

5 terms

Restricted stock units financial

"Each restricted stock unit was granted on March 12, 2026."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Performance stock units financial

"Each performance stock unit was granted on March 13, 2025."

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

derivative security financial

"Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vested and were settled financial

"41.67% of the earned shares vested and were settled on the 2026 Vesting Date"

one-for-one basis financial

"Restricted stock units convert into common stock on a one-for-one basis."

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Grimmig Andrew E

(Last) (First) (Middle)

C/O DOUBLEVERIFY HOLDINGS, INC.

462 BROADWAY

(Street)

NEW YORK NEW YORK 10013

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DoubleVerify Holdings, Inc. [ DV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/15/2026		M		12,189	A	$0(1)	154,878	D
Common Stock	06/15/2026		M		4,041	A	$0(2)	158,919	D
Common Stock	06/15/2026		M		5,073	A	$0(3)	163,992	D
Common Stock	06/15/2026		M		842	A	$0(4)	164,834	D
Common Stock	06/15/2026		M		2,384	A	$0(5)	167,218	D
Common Stock	06/15/2026		M		2,500	A	$0(6)	169,718	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(7)	06/15/2026		M			12,189	(1)	(1)	Common Stock	12,189	$0	121,872	D
Performance Stock Units	(8)	06/15/2026		M			4,041	(2)	(2)	Common Stock	4,041	$0	24,240	D
Restricted Stock Units	(7)	06/15/2026		M			5,073	(3)	(3)	Common Stock	5,073	$0	50,730	D
Performance Stock Units	(8)	06/15/2026		M			842	(4)	(4)	Common Stock	842	$0	1,686	D
Restricted Stock Units	(7)	06/15/2026		M			2,384	(5)	(5)	Common Stock	2,384	$0	14,301	D
Restricted Stock Units	(7)	06/15/2026		M			2,500	(6)	(6)	Common Stock	2,500	$0	5,000	D

Explanation of Responses:

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. Each restricted stock unit was granted on December 12, 2022. 6.25% of the restricted stock units vested and were settled 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.

7. Restricted stock units convert into common stock on a one-for-one basis.

8. Performance stock units convert into common stock on a one-for-one basis.

	/s/ Andrew E. Grimmig	06/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did DoubleVerify (DV) executive Andrew Grimmig report in this Form 4?

Andrew Grimmig reported exercising equity awards into common stock. He converted previously granted restricted stock units and performance stock units into 27,029 DoubleVerify shares through derivative exercises, with no open-market purchases or sales disclosed in this Form 4.

How many DoubleVerify (DV) shares did Andrew Grimmig acquire in the latest filing?

He acquired 27,029 shares of DoubleVerify common stock. These came from multiple code M transactions where vested restricted stock units and performance stock units were converted into common shares according to their grant and vesting schedules.

Were there any DoubleVerify (DV) stock sales or tax withholdings in this Form 4?

No sales or tax-withholding dispositions were reported. The transaction summary shows only acquisition activity through derivative exercises, with zero sell transactions, zero tax-withholding entries, and no gifts or restructuring transactions listed.

What types of equity awards did DoubleVerify (DV) use for Andrew Grimmig?

The filing lists restricted stock units and performance stock units. Footnotes state that both RSUs and PSUs convert into common stock on a one-for-one basis and vest in quarterly installments following specified vesting dates in 2023, 2024, 2025, and 2026.

How do the vesting schedules work for DoubleVerify (DV) RSUs and PSUs in this filing?

Vesting occurs in quarterly tranches after initial vesting dates. Some RSU grants vest at 6.25% each quarter, while others and certain performance stock units vest and settle at 8.33% per quarter, once the initial vesting date has been reached.