Form 4: DoubleVerify CEO Earns 145,458 Performance Stock Units

DoubleVerify Holdings, Inc. CEO Mark Zagorski has earned 145,458 shares through the certification of performance stock units, with vesting commencing March 15, 2026.

Summary

• Mark Zagorski, CEO of DoubleVerify Holdings, Inc., earned 145,458 shares from a performance stock unit (PSU) grant.
• The initial PSU grant on March 13, 2025, was for 121,753 units.
• Performance-based conditions were certified by the Issuer's Compensation Committee on March 10, 2026, resulting in the earning of 145,458 shares.
• 41.67% of these earned shares will vest and settle on March 15, 2026.
• The remaining shares will vest at a rate of 8.33% on each quarterly anniversary of the March 15, 2026 vesting date.
• Performance stock units convert into common stock on a one-for-one basis.

Sentiment

Score: 8

Explanation: StockSavvy.ai views this as a positive development, as the CEO successfully met and exceeded performance targets, leading to a higher share award. This indicates strong internal performance and aligns executive interests with long-term shareholder value.

Positives

• CEO Mark Zagorski successfully met performance-based conditions, leading to the certification and earning of 145,458 shares.
• The number of shares earned (145,458) is higher than the initial PSU grant (121,753 units), suggesting strong performance against targets.
• The vesting schedule provides a long-term incentive for the CEO, aligning his interests with shareholder value.

Future Outlook

The earned shares will vest over time, with 41.67% settling on March 15, 2026, and the remaining 58.33% vesting at 8.33% on each subsequent quarterly anniversary of that date, providing ongoing incentive for the CEO.

Industry Context

StockSavvy.ai notes that executive compensation tied to performance stock units is a common practice in the technology and ad-tech industry, aligning executive incentives with company performance and shareholder value creation. The successful certification of these units suggests the company met or exceeded its internal performance targets during the measurement period.

Stakeholder Impact

• Shareholders: The successful earning of PSUs by the CEO suggests the company met performance targets, which is generally positive for shareholder confidence. The vesting schedule encourages long-term commitment from leadership.
• Employees: May signal a positive internal performance culture if executive incentives are tied to broader company success.

Next Steps

• 41.67% of the earned shares will vest and settle on March 15, 2026.
• The remaining earned shares will vest at a rate of 8.33% on each quarterly anniversary of March 15, 2026.

Key Dates

Keywords

DoubleVerify, DV, Mark Zagorski, Performance Stock Units, PSU, Insider Transaction, Executive Compensation, Stock Vesting, SEC Form 4