DoubleVerify (DV) CLO earns 48,485 performance stock units after performance test

Rhea-AI Filing Summary

DoubleVerify Holdings, Inc. Chief Legal Officer Andrew E. Grimmig reported an acquisition of 48,485 performance stock units that convert into common stock on a one-for-one basis. These units relate to a performance stock unit grant originally awarded on March 13, 2025.

The award became reportable after the issuer’s Compensation Committee certified the performance conditions on March 10, 2026, at which point 48,485 shares were earned. Of the earned amount, 41.67% will vest and settle on March 15, 2026, with the remaining units vesting at 8.33% on each quarterly anniversary of that date.

SEC Form 4

FORM 4

UNITED 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

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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^*

Grimmig Andrew E

(Last) (First) (Middle)

C/O DOUBLEVERIFY HOLDINGS, INC.

462 BROADWAY

(Street)

NEW YORK NY 10013

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DoubleVerify Holdings, Inc. [ DV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Units(1)	(2)	03/10/2026		A		48,485		(1)	(1)	Common Stock	48,485	$0	48,485	D

Explanation of Responses:

1. On March 13, 2025, the Reporting Person received a performance stock unit ("PSU") grant of 40,584 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 48,485 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.

2. Performance stock units convert into common stock on a one-for-one basis.

	/s/ Andrew E. Grimmig	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did DoubleVerify (DV) report for Andrew Grimmig?

DoubleVerify reported that Chief Legal Officer Andrew E. Grimmig acquired 48,485 performance stock units. These units were earned after the company’s Compensation Committee certified performance conditions on March 10, 2026, making the award reportable as a compensation-related equity grant.

When was Andrew Grimmig’s performance stock unit grant originally awarded at DV?

The performance stock unit grant tied to this filing was originally awarded on March 13, 2025. It became reportable only after performance conditions were certified on March 10, 2026, when 48,485 shares were determined to be earned under the award.

How many DoubleVerify (DV) shares were earned under Grimmig’s PSU award?

A total of 48,485 shares were earned under Andrew Grimmig’s performance stock unit award. These shares result from the Compensation Committee’s certification of performance, and the units convert into DoubleVerify common stock on a one-for-one basis according to the filing.

What is the vesting schedule for Andrew Grimmig’s earned PSUs at DoubleVerify?

Of the 48,485 earned performance stock units, 41.67% will vest and settle on March 15, 2026. The remaining units will vest at a rate of 8.33% on each quarterly anniversary of that March 15, 2026 vesting date, subject to continued terms.

Do Andrew Grimmig’s performance stock units at DV convert into common stock?

Yes. The filing states that performance stock units convert into DoubleVerify common stock on a one-for-one basis. This means each vested unit becomes one share of common stock as the vesting schedule is satisfied over time.

Is Andrew Grimmig’s Form 4 transaction at DV a market purchase or sale?

No, the Form 4 reflects a grant and earning of 48,485 performance stock units as compensation, not an open-market purchase or sale. The transaction is classified as a grant or award acquisition under Section 16 reporting rules for derivative securities.