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DoubleVerify Holdings (NYSE: DV) CFO exercises RSUs, withholds shares for taxes

(Neutral)
(Neutral)
Form Type
4

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 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)
  1. 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.
  2. F2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
  3. 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.
  4. F4. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of performance stock units.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. F9. Restricted stock units convert into common stock on a one-for-one basis.
  10. F10. Performance stock units convert into common stock on a one-for-one basis.
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
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.

How many DoubleVerify (DV) shares were withheld for taxes from the CFO’s vesting?

The filing shows 19,537 DoubleVerify common shares were withheld at $10.25 per share to satisfy the CFO’s tax withholding obligations arising from the vesting of restricted and performance stock units, rather than being sold in the market or transferred to another party.

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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Allais Nicola T

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026M15,002A$0(1)171,676D
Common Stock06/15/2026F(2)8,297D$10.25163,379D
Common Stock06/15/2026M5,387A$0(3)168,766D
Common Stock06/15/2026F(4)2,980D$10.25165,786D
Common Stock06/15/2026M6,764A$0(5)172,550D
Common Stock06/15/2026F(2)3,741D$10.25168,809D
Common Stock06/15/2026M1,073A$0(6)169,882D
Common Stock06/15/2026F(4)594D$10.25169,288D
Common Stock06/15/2026M3,034A$0(7)172,322D
Common Stock06/15/2026F(2)1,678D$10.25170,644D
Common Stock06/15/2026M4,062A$0(8)174,706D
Common Stock06/15/2026F(2)2,247D$10.25172,459D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(9)06/15/2026M15,002 (1) (1)Common Stock15,002$0149,996D
Performance Stock Units(10)06/15/2026M5,387 (3) (3)Common Stock5,387$032,323D
Restricted Stock Units(9)06/15/2026M6,764 (5) (5)Common Stock6,764$067,640D
Performance Stock Units(10)06/15/2026M1,073 (6) (6)Common Stock1,073$02,145D
Restricted Stock Units(9)06/15/2026M3,034 (7) (7)Common Stock3,034$018,204D
Restricted Stock Units(9)06/15/2026M4,062 (8) (8)Common Stock4,062$08,124D
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. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
3. 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.
4. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of performance stock units.
5. 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.
6. 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.
7. 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.
8. 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.
9. Restricted stock units convert into common stock on a one-for-one basis.
10. Performance stock units convert into common stock on a one-for-one basis.
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Nicola T. Allais06/17/2026
** Signature of Reporting PersonDate
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)