DoubleVerify (NYSE: DV) CEO earns 145,458 performance stock units after goals met
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoubleVerify Holdings, Inc. Chief Executive Officer Mark Zagorski reported the acquisition of 145,458 performance stock units that were earned under a performance-based award. These units convert into an equal number of shares of common stock on a one-for-one basis.
The footnotes explain that the original PSU grant of 121,753 units was made on March 13, 2025, but only became reportable once performance conditions were certified on March 10, 2026. Of the earned shares, 41.67% will vest and settle on March 15, 2026, with the remaining shares vesting in 8.33% increments on each quarterly anniversary of that date.
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 |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 145,458 | $0.00 | -- |
Holdings After Transaction:
Performance Stock Units — 145,458 shares (Direct)
Footnotes (1)
- On March 13, 2025, the Reporting Person received a performance stock unit ("PSU") grant of 121,753 units. In light of the performance-based conditions of the award, the award was not reportable under Section 16 until the performance-based conditions were certified by the Issuer's Compensation Committee. Such certification occurred on March 10, 2026, pursuant to which 145,458 shares were earned. 41.67% of the earned shares will vest and settle on March 15, 2026 (the "2026 Vesting Date"), and the remainder of the earned shares will vest at a rate of 8.33% on each quarterly anniversary of the 2026 Vesting Date. Performance stock units convert into common stock on a one-for-one basis.
FAQ
What insider transaction did DV CEO Mark Zagorski report on this Form 4?
Mark Zagorski reported acquiring 145,458 performance stock units that were earned under a performance-based award. These units represent a compensation-related grant, not an open-market trade, and will convert into the same number of DoubleVerify common shares as they vest over time.
What performance conditions affected Mark Zagorski’s DV performance stock unit award?
The award was originally granted on March 13, 2025, but only became reportable after performance-based conditions were certified on March 10, 2026. That certification determined that 145,458 shares were earned, reflecting achievement relative to the performance goals set by DoubleVerify’s Compensation Committee.
What is the vesting schedule for Mark Zagorski’s DoubleVerify performance stock units?
Of the 145,458 earned units, 41.67% will vest and settle on March 15, 2026. The remaining units will vest at 8.33% on each quarterly anniversary of that 2026 vesting date, spreading the delivery of common shares over multiple quarters as long as conditions are satisfied.
How do Mark Zagorski’s DoubleVerify performance stock units convert into common shares?
The performance stock units convert into DoubleVerify common stock on a one-for-one basis. This means each of the 145,458 earned units corresponds to one share of common stock, which will be delivered as the units vest following the certification of the performance conditions.