Form 4: Director Rosario C. Perez Reports Stock Transactions in DoubleVerify Holdings, Inc.
SEC Form 4 Filing
Rosario C. Perez, a director of DoubleVerify Holdings, Inc., reports the vesting and conversion of restricted stock units into common stock, as well as the grant of additional restricted stock units.
Summary
- On May 23, 2024, Rosario C. Perez, a director of DoubleVerify Holdings, Inc., reported transactions involving the company's stock.
- Perez converted 5,709 restricted stock units (RSUs) into 5,709 shares of common stock, which had fully vested on the same date.
- Additionally, Perez was granted 10,724 time-based RSUs on May 23, 2024, as part of the annual equity grant under DoubleVerify Holdings, Inc.'s non-employee director compensation program.
- These new RSUs will vest on the earlier of May 23, 2025, or the date of DoubleVerify Holdings, Inc.'s 2025 Annual Meeting of Stockholders, contingent upon Perez's continued service.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The new RSUs granted to Ms. Perez will vest on the earlier of May 23, 2025, or the date of DoubleVerify Holdings, Inc.'s 2025 Annual Meeting of Stockholders, subject to her continued service.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding the director's holdings and recent activities.
Stakeholder Impact
- The filing provides transparency to shareholders regarding director stock ownership.
Key Dates
| Date | Description |
|---|---|
| 06/05/2023 | Date the original 5,709 restricted stock units were granted. |
| 05/23/2024 | Date of transaction: Conversion of 5,709 RSUs to common stock and grant of 10,724 new RSUs. |
| 05/23/2025 | Vesting date for the new RSUs, or earlier if the 2025 Annual Meeting of Stockholders occurs before this date. |
| 05/28/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.