DV director J. David Phillips reports Rule 144 stock sale

Rhea-AI Filing Summary

DoubleVerify Holdings, Inc. (DV) insider activity: J. David Phillips, a director and 10% owner, reported a disposition of 15,360 shares of DoubleVerify common stock on 11/21/2025 at a price of $10.413 per share. After this transaction, he holds 15,360 shares directly and has indirect beneficial interests in 18,173,777 shares through Providence VII U.S. Holdings L.P. and 117,131 shares through Providence Butternut Co-Investment L.P. The filing notes that the reported securities represent shares sold in a transaction made in accordance with the requirements of Rule 144 under the Securities Act. Phillips disclaims beneficial ownership of the Providence-held shares except to the extent of his pecuniary interest.

Insider Trade Summary

15,360 shares gifted

Mixed 3 txns

Insider Phillips J. David

Role 10% Owner

Type	Security	Shares	Price	Value
Gift	Common Stock	15,360	$10.413	$160K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 15,360 shares (Direct); Common Stock — 18,173,777 shares (Indirect, By Providence VII U.S. Holdings L.P.)

Footnotes (1)

1. The securities reported represent shares of common stock of DoubleVerify Holdings, Inc. (the "Issuer") sold by the reporting person in a sale in accordance with the requirements of Rule 144 under the Securities Act. J. David Phillips may be deemed to exercise voting and investment power over, and thus may be deemed to beneficially own, the securities held by Providence VII due to his relationships with Providence Holdco (International) GP Ltd. ("Holdco"). J. David Phillips hereby disclaims beneficial ownership of the shares held by Providence VII, except to the extent of his pecuniary interest therein, and this form shall not be construed as an admission that he is the beneficial owner of any of the securities reported on this form held by Providence VII. J. David Phillips may be deemed to exercise voting and investment power over, and thus may be deemed to beneficially own, the securities held by Providence Butternut due to his relationships with Holdco. J. David Phillips hereby disclaims beneficial ownership of the shares held by Providence Butternut, except to the extent of his pecuniary interest therein, and this form shall not be construed as an admission that he is the beneficial owner of any of the securities reported on this form held by Providence Butternut.

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^*

Phillips J. David

(Last) (First) (Middle)

C/O PROVIDENCE EQUITY PARTNERS L.L.C.

50 KENNEDY PLAZA, 18TH FL

(Street)

PROVIDENCE RI 02903

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

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025

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	11/21/2025		G		15,360	D	$10.413	15,360(1)	D
Common Stock								18,173,777(2)	I	By Providence VII U.S. Holdings L.P.
Common Stock								117,131(3)	I	By Providence Butternut Co-Investment L.P.

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

Explanation of Responses:

1. The securities reported represent shares of common stock of DoubleVerify Holdings, Inc. (the "Issuer") sold by the reporting person in a sale in accordance with the requirements of Rule 144 under the Securities Act.

2. J. David Phillips may be deemed to exercise voting and investment power over, and thus may be deemed to beneficially own, the securities held by Providence VII due to his relationships with Providence Holdco (International) GP Ltd. ("Holdco"). J. David Phillips hereby disclaims beneficial ownership of the shares held by Providence VII, except to the extent of his pecuniary interest therein, and this form shall not be construed as an admission that he is the beneficial owner of any of the securities reported on this form held by Providence VII.

3. J. David Phillips may be deemed to exercise voting and investment power over, and thus may be deemed to beneficially own, the securities held by Providence Butternut due to his relationships with Holdco. J. David Phillips hereby disclaims beneficial ownership of the shares held by Providence Butternut, except to the extent of his pecuniary interest therein, and this form shall not be construed as an admission that he is the beneficial owner of any of the securities reported on this form held by Providence Butternut.

	/s/ Sarah N. Conde, as Attorney-in-Fact for J. David Phillips	11/24/2025
	** 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.

FAQ

What insider transaction did DoubleVerify (DV) report in this Form 4?

The filing reports that J. David Phillips, a director and 10% owner of DoubleVerify Holdings, Inc., disposed of 15,360 shares of the company’s common stock on 11/21/2025.

At what price were the DoubleVerify (DV) shares disposed of by the insider?

The 15,360 shares of DoubleVerify common stock reported in the transaction were disposed of at a price of $10.413 per share.

How many DoubleVerify (DV) shares does J. David Phillips own after the transaction?

Following the reported transaction, J. David Phillips holds 15,360 DoubleVerify common shares directly and has indirect beneficial interests in 18,173,777 shares through Providence VII U.S. Holdings L.P. and 117,131 shares through Providence Butternut Co-Investment L.P.

What type of transaction was reported for DoubleVerify (DV) shares?

The explanation states that the reported securities represent shares of DoubleVerify common stock sold by the reporting person in a sale made in accordance with the requirements of Rule 144 under the Securities Act.

What is the relationship of J. David Phillips to DoubleVerify (DV)?

The filing lists J. David Phillips as a director and a 10% owner of DoubleVerify Holdings, Inc.

How does J. David Phillips describe his beneficial ownership of Providence-held DoubleVerify (DV) shares?

The filing states that J. David Phillips may be deemed to beneficially own the shares held by Providence VII and Providence Butternut due to his relationships with Holdco, but he disclaims beneficial ownership of those shares except to the extent of his pecuniary interest.