DoubleVerify Holdings (NYSE: DV) CFO exercises RSUs, withholds shares for taxes
Rhea-AI Filing Summary
DoubleVerify Holdings, Inc. Chief Financial Officer Nicola T. Allais reported multiple vesting transactions on June 15, 2026. He converted 35,322 restricted and performance stock units into common stock, while 19,537 shares were withheld at $10.25 per share to satisfy tax obligations. After these transactions he holds 172,459 common shares directly, plus 243,964 restricted stock units and 34,468 performance stock units, each convertible into common stock on a one-for-one basis.
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Insider Trade Summary
Net Buyer: 15,785 shares
Net Buy
18 txns
Insider
Allais Nicola T
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,002 | $0.00 | $0.00 |
| Exercise | Performance Stock Units | 5,387 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 6,764 | $0.00 | $0.00 |
| Exercise | Performance Stock Units | 1,073 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,034 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,062 | $0.00 | $0.00 |
| Exercise | Common Stock | 15,002 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,297 | $10.25 | $85K |
| Exercise | Common Stock | 5,387 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,980 | $10.25 | $31K |
| Exercise | Common Stock | 6,764 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,741 | $10.25 | $38K |
| Exercise | Common Stock | 1,073 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 594 | $10.25 | $6K |
| Exercise | Common Stock | 3,034 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,678 | $10.25 | $17K |
| Exercise | Common Stock | 4,062 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,247 | $10.25 | $23K |
Holdings After Transaction:
Restricted Stock Units — 243,964 shares (Direct);
Performance Stock Units — 34,468 shares (Direct);
Common Stock — 172,459 shares (Direct)
Footnotes (10)
- 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. 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.
- F9. Restricted stock units convert into common stock on a one-for-one basis.
- F10. Performance stock units convert into common stock on a one-for-one basis.
Key Figures
Units Converted to Common Stock: 35,322 units
Shares Withheld for Taxes: 19,537 shares
Tax Withholding Price: $10.25 per share
+3 more
6 metrics
Units Converted to Common Stock
35,322 units
Restricted and performance stock units converted on June 15, 2026
Shares Withheld for Taxes
19,537 shares
Common shares withheld at $10.25 per share to satisfy tax obligations
Tax Withholding Price
$10.25 per share
Per-share value for DoubleVerify shares withheld to cover taxes
Common Stock Holdings After Transactions
172,459 shares
Common stock held directly by CFO Nicola T. Allais following reported transactions
Restricted Stock Unit Holdings
243,964 units
Restricted stock units held directly by the CFO after vesting and conversions
Performance Stock Unit Holdings
34,468 units
Performance stock units held directly by the CFO after vesting and conversions
Key Terms
Restricted Stock Units, Performance Stock Units, tax withholding obligations, Vesting Date, +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.
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")."
quarterly anniversary financial
"vest and settle at a rate of 8.33% on each quarterly anniversary of the 2026 Vesting Date."
A quarterly anniversary marks the date that occurs every three months after a specific event, such as an investment or a business milestone. It is similar to a birthday that repeats four times a year, helping investors track the timing of important updates or changes. Recognizing these anniversaries allows investors to stay informed about progress and make timely decisions.
FAQ
What transactions did DoubleVerify (DV) report for its CFO in this Form 4?
DoubleVerify’s CFO converted 35,322 restricted and performance stock units into common shares and had 19,537 shares withheld at $10.25 for taxes, ending with 172,459 common shares plus large unit balances, following routine vesting events on June 15, 2026, as detailed in this Form 4 filing.
What are Nicola T. Allais’s post-transaction DoubleVerify (DV) holdings?
After these transactions, Nicola T. Allais holds 172,459 DoubleVerify common shares directly, along with 243,964 restricted stock units and 34,468 performance stock units, each convertible into common stock on a one-for-one basis under the company’s disclosed equity award terms.
What vesting schedule applies to DoubleVerify (DV) restricted stock units mentioned in the Form 4?
One RSU grant vests 8.33% on the March 15, 2026 vesting date and 8.33% on each quarterly anniversary thereafter, while other RSU grants vest 6.25% initially and 6.25% on quarterly anniversaries of earlier vesting dates, according to the award descriptions.
How do DoubleVerify (DV) performance stock units convert to common stock?
Performance stock units convert into DoubleVerify common stock on a one-for-one basis. Portions of earned performance units vest on specified vesting dates, with 41.67% vesting initially and the remainder vesting and settling at 8.33% on quarterly anniversaries thereafter.
AI-generated analysis. How Rhea-AI works. Not financial advice.