Equity vesting boosts DoubleVerify (NYSE: DV) CFO share ownership
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoubleVerify Holdings, Inc. Chief Financial Officer Nicola T. Allais reported routine equity compensation activity involving restricted stock units and performance stock units. On the reported date, 35,322 units converted into common stock, while 19,537 shares were withheld at $10.25 per share to cover tax obligations.
These tax-withholding dispositions were not open-market sales but payments of withholding liabilities tied to vesting. After these transactions, Allais directly held 171,676 shares of DoubleVerify common stock, reflecting a net increase in ownership from the equity awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
35,322 shares exercised/converted
Mixed
18 txns
Insider
Allais Nicola T
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,002 | $0.00 | -- |
| Exercise | Performance Stock Units | 5,387 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,764 | $0.00 | -- |
| Exercise | Performance Stock Units | 1,073 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,034 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,062 | $0.00 | -- |
| Exercise | Common Stock | 15,002 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,297 | $10.25 | $85K |
| Exercise | Common Stock | 5,387 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,980 | $10.25 | $31K |
| Exercise | Common Stock | 6,764 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,741 | $10.25 | $38K |
| Exercise | Common Stock | 1,073 | $0.00 | -- |
| Tax Withholding | Common Stock | 594 | $10.25 | $6K |
| Exercise | Common Stock | 3,034 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,678 | $10.25 | $17K |
| Exercise | Common Stock | 4,062 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,247 | $10.25 | $23K |
Holdings After Transaction:
Restricted Stock Units — 149,996 shares (Direct, null);
Performance Stock Units — 32,323 shares (Direct, null);
Common Stock — 171,676 shares (Direct, null)
Footnotes (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. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units. 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. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of performance stock units. 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 from equity award conversions: 35,322 shares
Shares withheld for taxes: 19,537 shares
Tax withholding price: $10.25 per share
+3 more
6 metrics
Shares from equity award conversions
35,322 shares
Common stock from RSU and PSU conversions on 2026-06-15
Shares withheld for taxes
19,537 shares
Tax withholding dispositions at $10.25 per share
Tax withholding price
$10.25 per share
Value used for tax-withholding share dispositions
Post-transaction holdings
171,676 shares
DoubleVerify common stock directly held after transactions
Exercise transactions
6 exercises, 35,322 shares
Derivative exercises/conversions reported in transaction summary
Tax-withholding transactions
6 transactions, 19,537 shares
Tax-withholding dispositions reported in transaction summary
Key Terms
Restricted Stock Units, Performance Stock Units, tax withholding obligations, one-for-one basis, +1 more
5 terms
Restricted Stock Units financial
"The transactions involve "Restricted Stock Units" that convert into common stock."
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.
tax withholding obligations financial
"Represents shares withheld to satisfy "tax withholding obligations" in connection with the vesting."
one-for-one basis financial
"Restricted stock units convert into common stock on a "one-for-one basis"."
derivative exercise/conversion financial
"The transaction code description notes an "Exercise or conversion of derivative security"."
FAQ
What did DoubleVerify (DV) CFO Nicola Allais report in this Form 4?
The CFO reported vesting and conversion of 35,322 restricted and performance stock units into DoubleVerify common shares, with part of the shares withheld to cover tax obligations, reflecting routine equity compensation activity rather than discretionary stock market trades.
What are the CFO’s DoubleVerify (DV) holdings after these transactions?
Following the reported vesting, exercises, and tax-withholding dispositions, Chief Financial Officer Nicola T. Allais directly holds 171,676 shares of DoubleVerify common stock. This figure reflects the net position after both the share conversions and the shares withheld for tax obligations.
What types of equity awards are involved in this DoubleVerify (DV) Form 4?
The transactions involve restricted stock units and performance stock units that convert into DoubleVerify common stock on a one-for-one basis. Portions of these awards vested according to their schedules, leading to new share issuances and associated tax-withholding share dispositions.