DoubleVerify (NYSE: DV) CEO vests 13,476 RSUs; 7,453 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoubleVerify Holdings, Inc. Chief Executive Officer Mark Zagorski had restricted stock units vest and convert into common stock. On the vesting date, 13,476 restricted stock units converted into 13,476 shares of common stock on a one-for-one basis, adding to his direct ownership.
To cover tax withholding obligations from this vesting, 7,453 of those common shares were withheld at a value of $9.50 per share, rather than sold in the open market. After these routine compensation-related transactions, Zagorski directly holds 546,742 shares of DoubleVerify common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,476 shares exercised/converted
Mixed
3 txns
Insider
Zagorski Mark
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,476 | $0.00 | -- |
| Exercise | Common Stock | 13,476 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,453 | $9.50 | $71K |
Holdings After Transaction:
Restricted Stock Units — 134,756 shares (Direct);
Common Stock — 554,195 shares (Direct)
Footnotes (1)
- Each restricted stock unit was granted on August 19, 2025. 8.33% of the restricted stock units vested and were settled on December 31, 2025 (the "2025 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 8.33% on each quarterly anniversary of the 2025 Vesting Date, subject to Mr. Zagorski's continued employment. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units. Restricted stock units convert into common stock on a one-for-one basis.
Key Figures
RSUs converted: 13,476 units/shares
Shares withheld for taxes: 7,453 shares
Withholding share value: $9.50 per share
+2 more
5 metrics
RSUs converted
13,476 units/shares
Restricted stock units converted into common stock on a one-for-one basis
Shares withheld for taxes
7,453 shares
Common stock withheld to satisfy tax obligations on vesting
Withholding share value
$9.50 per share
Value used for tax withholding on 7,453 common shares
Post-transaction common shares
546,742 shares
Direct DoubleVerify common stock held by Mark Zagorski after transactions
Post-transaction RSUs
134,756 units
Restricted stock units shown as held following the derivative transaction
Key Terms
Restricted Stock Units, tax withholding obligations, one-for-one basis, quarterly anniversary
4 terms
Restricted Stock Units financial
"Each restricted stock unit was granted on August 19, 2025."
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.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting"
one-for-one basis financial
"Restricted stock units convert into common stock on a one-for-one basis."
quarterly anniversary financial
"the remainder of the restricted stock units vest at a rate of 8.33% on each quarterly anniversary"
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 insider transaction did DV CEO Mark Zagorski report?
Mark Zagorski reported vesting of 13,476 restricted stock units that converted into the same number of DoubleVerify common shares. These awards are part of his equity compensation and reflect scheduled vesting under previously granted restricted stock units.
What is the vesting schedule of the DoubleVerify (DV) restricted stock units?
The restricted stock units were granted on August 19, 2025. 8.33% vested on December 31, 2025, and the remainder vest in 8.33% quarterly installments after that date, assuming Mark Zagorski’s continued employment with DoubleVerify.