DoubleVerify director exercises and receives RSUs
DoubleVerify Holdings, Inc. director Kelli Turner reported equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
DoubleVerify Holdings, Inc. director Kelli Turner reported equity compensation activity. Turner exercised 14,609 restricted stock units into 14,609 shares of common stock, increasing direct common stock holdings to 40,088 shares.
Turner also received a new grant of 20,000 time-based restricted stock units on a one-for-one basis into common stock. These units vest on the earlier of May 21, 2027 or the company’s 2027 annual stockholders’ meeting, subject to continued service as a non-employee director.
Insider Trade Summary
14,609 shares exercised/converted
Exercise
3 txns
Insider
Turner Kelli
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 14,609 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 20,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,609 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 20,000 contracts (Direct);
Common Stock — 40,088 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit was granted on May 21, 2025 and represents a right to receive one share of common stock on a one-to-one basis. The restricted stock units fully vested on May 21, 2026.
- F2. Restricted stock units convert into common stock on a one-for-one basis.
- F3. Represents time-based restricted stock units granted on May 21, 2026 pursuant to the annual equity grant under DoubleVerify Holdings, Inc.'s non-employee director compensation program. The restricted stock units vest on the earlier of (i) May 21, 2027 and (ii) the date of DoubleVerify Holdings, Inc.'s 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service.
Key Figures
RSUs exercised: 14,609 shares
Common stock held after: 40,088 shares
New RSU grant: 20,000 units
+3 more
6 metrics
RSUs exercised
14,609 shares
Restricted stock units converted into common stock on May 21, 2026
Common stock held after
40,088 shares
Direct common stock ownership following RSU exercise
New RSU grant
20,000 units
Time-based restricted stock units granted May 21, 2026
RSU vesting date
May 21, 2027
Vests earlier of May 21, 2027 or 2027 annual meeting
RSU-to-share ratio
1:1
Each restricted stock unit converts into one common share
Derivative exercises
1 transaction, 14,609 shares
Exercise or conversion of derivative security reported in summary
Key Terms
Restricted Stock Units, derivative security, non-employee director compensation program, time-based restricted stock units, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit was granted on May 21, 2025 and represents a right to receive one share of common stock"
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
non-employee director compensation program financial
"pursuant to the annual equity grant under DoubleVerify Holdings, Inc.'s non-employee director compensation program"
time-based restricted stock units financial
"Represents time-based restricted stock units granted on May 21, 2026 pursuant to the annual equity grant"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
one-for-one basis financial
"Restricted stock units convert into common stock on a one-for-one basis."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Kelli Turner report at DoubleVerify (DV)?
Kelli Turner reported exercising 14,609 restricted stock units into 14,609 common shares and receiving a new grant of 20,000 restricted stock units. All positions are held directly as part of her compensation as a non-employee director.
What restricted stock unit grant did Kelli Turner receive from DoubleVerify (DV)?
Kelli Turner received 20,000 time-based restricted stock units, each representing one share of common stock. The award was granted under DoubleVerify’s non-employee director compensation program as part of the annual equity grant for board service.
When do Kelli Turner’s new DoubleVerify (DV) restricted stock units vest?
The 20,000 restricted stock units vest on the earlier of May 21, 2027, or the date of DoubleVerify’s 2027 annual meeting of stockholders, subject to Turner’s continued service as a non-employee director on the company’s board.
What was the size of Kelli Turner’s restricted stock unit exercise at DoubleVerify (DV)?
Kelli Turner exercised 14,609 restricted stock units, converting them into 14,609 shares of DoubleVerify common stock. The restricted stock units had fully vested before conversion and settle on a one-for-one basis into common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
