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DoubleVerify (NYSE: DV) CFO reports major RSU grant and share vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DoubleVerify Holdings, Inc. Chief Financial Officer Nicola T. Allais reported equity compensation activity and related tax withholding. On March 12, 2026, he received a grant of 180,000 restricted stock units that convert into common stock on a one-for-one basis.

On March 15, 2026, portions of several earlier restricted stock unit and performance stock unit awards vested and were settled into common stock through derivative exercises. In connection with these vestings, a total of 23,513 shares of common stock were withheld at $10.21 per share to satisfy tax withholding obligations, rather than sold in the open market.

Following these transactions, Allais directly owned 156,674 shares of DoubleVerify common stock, reflecting routine compensation vesting and associated tax payments, not discretionary open-market buying or selling.

Positive

  • None.

Negative

  • None.
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)
03/12/2026
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
Common Stock 03/15/2026 M 15,002 A $0(1) 138,318 D
Common Stock 03/15/2026 F(2) 6,638 D $10.21 131,680 D
Common Stock 03/15/2026 M 26,938 A $0(3) 158,618 D
Common Stock 03/15/2026 F(4) 10,857 D $10.21 147,761 D
Common Stock 03/15/2026 M 6,764 A $0(5) 154,525 D
Common Stock 03/15/2026 F(2) 2,726 D $10.21 151,799 D
Common Stock 03/15/2026 M 1,071 A $0(6) 152,870 D
Common Stock 03/15/2026 F(4) 432 D $10.21 152,438 D
Common Stock 03/15/2026 M 3,034 A $0(7) 155,472 D
Common Stock 03/15/2026 F(2) 1,223 D $10.21 154,249 D
Common Stock 03/15/2026 M 4,062 A $0(8) 158,311 D
Common Stock 03/15/2026 F(2) 1,637 D $10.21 156,674 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 (9) 03/12/2026 A 180,000 (10) (10) Common Stock 180,000 $0 180,000 D
Restricted Stock Units (9) 03/15/2026 M 15,002 (1) (1) Common Stock 15,002 $0 164,998 D
Performance Stock Units (11) 03/15/2026 M 26,938 (12) (12) Common Stock 26,938 $0 37,710 D
Restricted Stock Units (9) 03/15/2026 M 6,764 (5) (5) Common Stock 6,764 $0 74,404 D
Performance Stock Units (11) 03/15/2026 M 1,071 (6) (6) Common Stock 1,071 $0 3,218 D
Restricted Stock Units (9) 03/15/2026 M 3,034 (7) (7) Common Stock 3,034 $0 21,238 D
Restricted Stock Units (9) 03/15/2026 M 4,062 (8) (8) Common Stock 4,062 $0 12,186 D
Explanation of Responses:
1. Each restricted stock unit was granted on March 12, 2026. 8.33% of the restricted stock units vested and were settled on March 15, 2026 (the "2026 Vesting Date"), and the remainder of the restricted stock units vest and settle at a rate of 8.33% on each quarterly anniversary of the 2026 Vesting Date.
2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
3. Each performance stock unit was granted on March 13, 2025. 41.67% of the earned shares vested and were settled on the 2026 Vesting Date, and the remainder of the earned shares vest and settle at a rate of 8.33% on each quarterly anniversary of the 2026 Vesting Date.
4. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of performance stock units.
5. 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.
6. 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.
7. 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.
8. 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.
9. Restricted stock units convert into common stock on a one-for-one basis.
10. The restricted stock units were granted on March 12, 2026. 8.33% of the restricted stock units vest and settle on March 15, 2026, and the remainder of the restricted stock units vest and settle at a rate of 8.33% on each quarterly anniversary of the 2026 Vesting Date.
11. Performance stock units convert into common stock on a one-for-one basis.
12. Each performance stock unit was granted on March 13, 2025. 41.67% of the earned shares vested and were settled on the 2026 Vesting Date, and the remainder of the earned shares vest and settle at a rate of 8.33% on each quarterly anniversary of the 2026 Vesting Date.
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Nicola T. Allais 03/16/2026
** 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 did DoubleVerify (DV) disclose about its CFO’s new equity grant?

DoubleVerify reported that CFO Nicola T. Allais received a grant of 180,000 restricted stock units on March 12, 2026. These units convert into common stock one-for-one and vest quarterly, beginning with an 8.33% tranche on March 15, 2026.

How many DoubleVerify (DV) shares does the CFO hold after these Form 4 transactions?

After the reported transactions, CFO Nicola T. Allais directly owns 156,674 shares of DoubleVerify common stock. This balance reflects vesting and settlement of RSUs and PSUs, along with shares withheld to cover associated tax obligations.

Were any of the DoubleVerify (DV) CFO’s reported share dispositions open-market sales?

The reported share dispositions were tax-withholding transactions, not open-market sales. A total of 23,513 shares of common stock were withheld at $10.21 per share to satisfy tax liabilities tied to vesting equity awards.

What derivative awards vested for DoubleVerify (DV) CFO Nicola Allais on March 15, 2026?

On March 15, 2026, portions of previously granted restricted stock units and performance stock units vested for the CFO. In total, 56,871 derivative units were exercised or converted into common stock through these routine compensation-related events.

How do the DoubleVerify (DV) CFO’s equity awards vest over time?

The CFO’s restricted stock units and performance stock units generally vest in quarterly installments. Footnotes state initial vesting tranches on specific dates, with remaining portions vesting at rates such as 6.25% or 8.33% on each quarterly anniversary of the applicable vesting date.

What price was used for the DoubleVerify (DV) CFO’s tax-withholding share dispositions?

For tax-withholding purposes, the company used a price of $10.21 per share. At this price, 23,513 shares of DoubleVerify common stock were withheld to satisfy tax obligations arising from vesting restricted stock units and performance stock units.
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