DoubleVerify (NYSE: DV) director awarded 20,000 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoubleVerify Holdings director Jennifer Storms received an equity award in the form of restricted stock units. On May 21, 2026, she was granted 20,000 time-based restricted stock units under the company’s non-employee director compensation program. These units convert into common stock on a one-for-one basis and vest on the earlier of May 21, 2027 or the company’s 2027 Annual Meeting of Stockholders, if she continues to serve as a director. Following this grant, she holds 20,000 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Storms Jennifer
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 20,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 20,000 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Represents time-based restricted stock units granted on May 21, 2026 pursuant to the annual equity grant under DoubleVerify Holdings, Inc.'s non-employee director compensation program. The restricted stock units vest on the earlier of (i) May 21, 2027 and (ii) the date of DoubleVerify Holdings, Inc.'s 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service.
Key Figures
RSUs granted: 20,000 units
RSUs conversion ratio: 1:1 into common stock
Vesting date trigger: May 21, 2027 or 2027 meeting
+2 more
5 metrics
RSUs granted
20,000 units
Time-based restricted stock units granted May 21, 2026
RSUs conversion ratio
1:1 into common stock
Restricted stock units convert one-for-one into common shares
Vesting date trigger
May 21, 2027 or 2027 meeting
Vests on earlier of May 21, 2027 or 2027 Annual Meeting
Post-grant RSU holdings
20,000 units
Total restricted stock units following the transaction
Exercise price
$0.00 per unit
Awarded as compensation, no purchase price per RSU
Key Terms
Restricted Stock Units, time-based restricted stock units, non-employee director compensation program, Annual Meeting of Stockholders
4 terms
Restricted Stock Units financial
"Restricted stock units convert into common stock on a one-for-one basis."
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.
time-based restricted stock units financial
"Represents time-based restricted stock units granted on May 21, 2026 pursuant to the annual equity grant"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
non-employee director compensation program financial
"pursuant to the annual equity grant under DoubleVerify Holdings, Inc.'s non-employee director compensation program."
Annual Meeting of Stockholders financial
"the date of DoubleVerify Holdings, Inc.'s 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service."
FAQ
What did DoubleVerify (DV) director Jennifer Storms report in this Form 4?
Jennifer Storms reported receiving 20,000 restricted stock units from DoubleVerify Holdings. The grant is part of the company’s non-employee director compensation program and represents a stock-based award rather than an open-market share purchase or sale.
How many DoubleVerify (DV) restricted stock units were granted to Jennifer Storms?
She was granted 20,000 restricted stock units. Each unit represents the right to receive one share of DoubleVerify common stock, subject to vesting conditions tied to her continued service on the company’s board of directors.
When do Jennifer Storms’ DoubleVerify (DV) restricted stock units vest?
The restricted stock units vest on the earlier of May 21, 2027 or DoubleVerify’s 2027 Annual Meeting of Stockholders. Vesting is conditioned on her continued service as a non-employee director through that vesting date event.
Are Jennifer Storms’ DoubleVerify (DV) restricted stock units tied to director compensation?
Yes. The 20,000 restricted stock units were granted under DoubleVerify’s non-employee director compensation program. This indicates the award is part of her regular equity-based compensation for board service, rather than a discretionary market transaction.
Do Jennifer Storms’ restricted stock units in DoubleVerify (DV) convert into common stock?
The restricted stock units convert into DoubleVerify common stock on a one-for-one basis. Once the vesting conditions are met, each unit becomes one share, aligning her interests with shareholders through potential future stock ownership.