Form 4: Director Gary Swidler Executes Equity Transaction at DV
Statement of Changes in Beneficial Ownership
DoubleVerify director Gary Swidler acquired 14,609 shares via RSU vesting and received a new grant of 20,000 restricted stock units.
Summary
- Director Gary Swidler acquired 14,609 shares of common stock through the vesting of restricted stock units (RSUs) on May 21, 2026.
- Following the transaction, Swidler holds a total of 30,174 shares of DoubleVerify common stock.
- Swidler received a new grant of 20,000 time-based RSUs as part of the company's non-employee director compensation program.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director equity compensation with no impact on company operations.
Positives
- Director maintains a direct equity stake in the company, aligning interests with shareholders.
- The transaction reflects standard equity compensation practices for board members.
Negatives
- None identified; this is a routine compensatory equity filing.
Risks
- Future vesting of the 20,000 newly granted RSUs is subject to the director's continued service to the company.
Future Outlook
The director's new grant of 20,000 RSUs is scheduled to vest on May 21, 2027, or the date of the 2027 Annual Meeting of Stockholders, whichever occurs first.
Industry Context
StockSavvy.ai notes that this filing represents standard corporate governance and director compensation activity within the digital advertising technology sector, where equity-based incentives are common for board retention.
Comparison to Industry Standards
- The use of time-based RSUs for non-employee directors is consistent with standard compensation practices for mid-to-large cap technology firms.
- The one-for-one conversion ratio for RSUs to common stock is the industry standard.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation event.
Next Steps
- Vesting of 20,000 RSUs on May 21, 2027, subject to continued service.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Original grant date of the RSUs that vested on May 21, 2026. |
| 05/21/2026 | Date of RSU vesting and new RSU grant. |
| 05/21/2027 | Vesting date for the new 20,000 RSU grant. |
Keywords
DoubleVerify, DV, Insider Trading, Form 4, Equity Compensation, Director Compensation
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