Form 4: Director Kelli Turner Executes Equity Transactions at DV

DoubleVerify Holdings director Kelli Turner acquired 14,609 shares via RSU vesting and received a new grant of 20,000 restricted stock units.

Summary

• Director Kelli Turner acquired 14,609 shares of common stock on May 21, 2026, following the vesting of restricted stock units (RSUs).
• The reporting person received a new grant of 20,000 time-based restricted stock units on May 21, 2026.
• Following these transactions, the director holds a total of 40,088 shares of common stock directly.
• The new RSU grant is scheduled to vest on the earlier of May 21, 2027, or the date of the 2027 Annual Meeting of Stockholders.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it reflects standard administrative equity compensation for a board member rather than a strategic shift or market-moving financial development.

Positives

• Director maintains a direct equity stake of 40,088 shares, aligning interests with shareholders.
• The transaction reflects standard equity compensation practices for non-employee directors.

Negatives

• None identified.

Risks

• Vesting of the new 20,000 RSU grant is subject to the director's continued service to the company.

Future Outlook

The director's new RSU grant is expected to vest on May 21, 2027, or at the 2027 Annual Meeting of Stockholders, contingent upon continued service.

Industry Context

StockSavvy.ai notes that this filing represents routine director equity compensation, which is standard practice for publicly traded technology companies to ensure board member retention and alignment with long-term shareholder value.

Comparison to Industry Standards

• The equity grant structure is consistent with standard non-employee director compensation programs observed in the digital advertising and software sectors.
• The use of time-based vesting aligns with governance best practices for independent directors.

Stakeholder Impact

• Shareholders: Minimal impact; reflects standard director compensation.
• Director: Increased equity ownership in the company.

Next Steps

• Vesting of 20,000 RSUs on May 21, 2027, or the 2027 Annual Meeting of Stockholders.

Key Dates

Keywords

DoubleVerify, DV, Form 4, Insider Trading, Equity Compensation, Director Compensation