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DoubleVerify (DV) CFO discloses 2025 RSU and PSU vesting details

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

DoubleVerify Holdings, Inc. reported insider equity activity for its Chief Financial Officer, Nicola T. Allais. On December 15, 2025, several batches of restricted stock units and performance stock units vested and converted into common stock on a one-for-one basis at an exercise price of $0.

To cover related tax withholding obligations, a portion of the newly vested shares was withheld at $10.83 per share, with the remainder added to the CFO’s direct holdings. After all reported transactions, Allais directly owned 123,316 shares of DoubleVerify common stock.

Positive

  • None.

Negative

  • None.
Insider Allais Nicola T
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 2,488 $0.00 --
Exercise Restricted Stock Units 4,062 $0.00 --
Exercise Restricted Stock Units 3,034 $0.00 --
Exercise Performance Stock Units 1,072 $0.00 --
Exercise Restricted Stock Units 6,764 $0.00 --
Exercise Common Stock 2,488 $0.00 --
Tax Withholding Common Stock 1,376 $10.83 $15K
Exercise Common Stock 4,062 $0.00 --
Tax Withholding Common Stock 2,247 $10.83 $24K
Exercise Common Stock 3,034 $0.00 --
Tax Withholding Common Stock 1,678 $10.83 $18K
Exercise Common Stock 1,072 $0.00 --
Tax Withholding Common Stock 593 $10.83 $6K
Exercise Common Stock 6,764 $0.00 --
Tax Withholding Common Stock 3,741 $10.83 $41K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Performance Stock Units — 4,289 shares (Direct); Common Stock — 118,019 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit was granted on December 10, 2021. 6.25% of the restricted stock units vested and were settled on March 15, 2022 (the "2022 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2022 Vesting Date. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units. 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. 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 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 at a rate of 8.33% on each quarterly anniversary of the 2025 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. 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.
Form 4 Insider Transactions: What Each Field Means →
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
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 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 Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
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
Common Stock 12/15/2025 M 2,488 A $0(1) 118,019 D
Common Stock 12/15/2025 F(2) 1,376 D $10.83 116,643 D
Common Stock 12/15/2025 M 4,062 A $0(3) 120,705 D
Common Stock 12/15/2025 F(2) 2,247 D $10.83 118,458 D
Common Stock 12/15/2025 M 3,034 A $0(4) 121,492 D
Common Stock 12/15/2025 F(2) 1,678 D $10.83 119,814 D
Common Stock 12/15/2025 M 1,072 A $0(5) 120,886 D
Common Stock 12/15/2025 F(6) 593 D $10.83 120,293 D
Common Stock 12/15/2025 M 6,764 A $0(7) 127,057 D
Common Stock 12/15/2025 F(2) 3,741 D $10.83 123,316 D
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
Restricted Stock Units (8) 12/15/2025 M 2,488 (1) (1) Common Stock 2,488 $0 0 D
Restricted Stock Units (8) 12/15/2025 M 4,062 (3) (3) Common Stock 4,062 $0 16,248 D
Restricted Stock Units (8) 12/15/2025 M 3,034 (4) (4) Common Stock 3,034 $0 24,272 D
Performance Stock Units (9) 12/15/2025 M 1,072 (5) (5) Common Stock 1,072 $0 4,289 D
Restricted Stock Units (8) 12/15/2025 M 6,764 (7) (7) Common Stock 6,764 $0 81,168 D
Explanation of Responses:
1. Each restricted stock unit was granted on December 10, 2021. 6.25% of the restricted stock units vested and were settled on March 15, 2022 (the "2022 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 6.25% on each quarterly anniversary of the 2022 Vesting Date.
2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
3. 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.
4. 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.
5. 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 at a rate of 8.33% on each quarterly anniversary of the 2025 Vesting Date.
6. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of performance stock units.
7. 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.
8. Restricted stock units convert into common stock on a one-for-one basis.
9. Performance stock units convert into common stock on a one-for-one basis.
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Nicola T. Allais 12/17/2025
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider stock activity did DoubleVerify (DV) report for December 15, 2025?

The report shows that multiple restricted stock unit and performance stock unit awards for CFO Nicola T. Allais vested on December 15, 2025 and were settled into DoubleVerify common stock at an exercise price of $0 per unit.

How many DoubleVerify (DV) shares does the CFO hold after these transactions?

Following the vesting and related tax withholding transactions on December 15, 2025, CFO Nicola T. Allais directly owned 123,316 shares of DoubleVerify common stock.

Were the DoubleVerify (DV) shares on this Form 4 sold into the market?

The entries coded as F represent shares withheld to satisfy tax withholding obligations in connection with vesting of restricted stock units and performance stock units, rather than open-market sales.

How do DoubleVerify restricted stock units (RSUs) vest for the CFO?

RSUs granted on December 10, 2021, December 12, 2022, December 19, 2023, and March 13, 2025 each had 6.25% vest on the first vesting date (March 15 of 2022, 2023, 2024, or 2025, respectively), with the remainder vesting at 6.25% on each quarterly anniversary of the initial vesting date.

How do DoubleVerify performance stock units (PSUs) vest for the CFO?

Performance stock units granted on December 19, 2023 had 41.67% of the earned shares vest and settle on the 2025 vesting date, and the remaining earned shares vest at a rate of 8.33% on each quarterly anniversary of that 2025 vesting date.

What is the conversion ratio for DoubleVerify RSUs and PSUs in this report?

The reported restricted stock units and performance stock units each convert into DoubleVerify common stock on a one-for-one basis.