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  4. [Form 4] DoubleVerify Holdings, Inc. Insider Trading Activity

DoubleVerify Holdings, Inc. (DV) CLO reports stock grants vesting and sale

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

Rhea-AI Filing Summary

DoubleVerify Holdings, Inc. reported insider equity activity by Chief Legal Officer Andrew E. Grimmig. On 12/15/2025, several grants of restricted stock units and performance stock units vested and converted into common stock at an exercise price of $0 per share, increasing his direct ownership.

On 12/16/2025, Grimmig sold 3,096 shares of DoubleVerify common stock at $10.81 per share in a transaction made under a pre-established Rule 10b5-1 trading plan adopted on 06/18/2025. After these transactions, he directly held 102,497 shares of DoubleVerify common stock.

Positive

  • None.

Negative

  • None.
Insider Grimmig Andrew E
Role Chief Legal Officer
Sold 3,096 shs ($33K)
Type Security Shares Price Value
Sale Common Stock 3,096 $10.81 $33K
Exercise Restricted Stock Units 1,493 $0.00 --
Exercise Restricted Stock Units 2,500 $0.00 --
Exercise Restricted Stock Units 2,384 $0.00 --
Exercise Performance Stock Units 842 $0.00 --
Exercise Restricted Stock Units 5,073 $0.00 --
Exercise Common Stock 1,493 $0.00 --
Exercise Common Stock 2,500 $0.00 --
Exercise Common Stock 2,384 $0.00 --
Exercise Common Stock 842 $0.00 --
Exercise Common Stock 5,073 $0.00 --
Holdings After Transaction: Common Stock — 102,497 shares (Direct); Restricted Stock Units — 0 shares (Direct); Performance Stock Units — 3,370 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. 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. 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. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 18, 2025. 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).
X
 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*
Grimmig Andrew E
(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 Legal 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 1,493 A $0(1) 94,794 D
Common Stock 12/15/2025 M 2,500 A $0(2) 97,294 D
Common Stock 12/15/2025 M 2,384 A $0(3) 99,678 D
Common Stock 12/15/2025 M 842 A $0(4) 100,520 D
Common Stock 12/15/2025 M 5,073 A $0(5) 105,593 D
Common Stock 12/16/2025 S(6) 3,096 D $10.81 102,497 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 (7) 12/15/2025 M 1,493 (1) (1) Common Stock 1,493 $0 0 D
Restricted Stock Units (7) 12/15/2025 M 2,500 (2) (2) Common Stock 2,500 $0 10,000 D
Restricted Stock Units (7) 12/15/2025 M 2,384 (3) (3) Common Stock 2,384 $0 19,069 D
Performance Stock Units (8) 12/15/2025 M 842 (4) (4) Common Stock 842 $0 3,370 D
Restricted Stock Units (7) 12/15/2025 M 5,073 (5) (5) Common Stock 5,073 $0 60,876 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. 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.
3. 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.
4. 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.
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. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 18, 2025.
7. Restricted stock units convert into common stock on a one-for-one basis.
8. Performance stock units convert into common stock on a one-for-one basis.
/s/ Andrew E. Grimmig 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 transactions did DoubleVerify (DV) disclose in this filing?

The filing shows that Chief Legal Officer Andrew E. Grimmig had multiple restricted and performance stock units vest into common stock at $0 per share on 12/15/2025, followed by a sale of 3,096 shares at $10.81 per share on 12/16/2025.

How many DoubleVerify shares did Andrew Grimmig sell and at what price?

Andrew Grimmig sold 3,096 shares of DoubleVerify common stock at a price of $10.81 per share on 12/16/2025.

How many DoubleVerify shares does the reporting person own after these transactions?

After the reported transactions, Andrew Grimmig directly owned 102,497 shares of DoubleVerify common stock.

Were the DoubleVerify share sales under a Rule 10b5-1 trading plan?

Yes. The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Andrew Grimmig on 06/18/2025.

What types of equity awards vested for the DoubleVerify insider?

The transactions involve vesting and settlement of restricted stock units (RSUs) and performance stock units (PSUs), each converting into DoubleVerify common stock on a one-for-one basis.

What is Andrew Grimmig’s role at DoubleVerify (DV)?

Andrew E. Grimmig is identified as an officer of DoubleVerify Holdings, Inc., serving as the company’s Chief Legal Officer.