Form 4: DoubleVerify CEO Mark Zagorski Reports Stock Transactions
SEC Form 4 Filing
Mark Zagorski, CEO of DoubleVerify Holdings, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On September 30, 2024, Mark Zagorski, the CEO of DoubleVerify Holdings, Inc., had 10,416 restricted stock units (RSUs) vest.
- These RSUs converted into common stock on a one-for-one basis.
- Simultaneously, 5,761 shares were withheld to cover tax obligations related to the vesting.
- Following these transactions, Zagorski directly owns 405,385 shares of DoubleVerify common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation; it doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of RSUs and subsequent tax withholding has a minor impact on the total number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| July 28, 2020 | Date the restricted stock units were granted. |
| April 20, 2021 | 37.5% of the RSUs vested and were settled upon the initial public offering (IPO) of DoubleVerify Holdings, Inc. |
| September 30, 2024 | Date of the reported transactions: vesting of RSUs and tax withholding. |
| October 02, 2024 | Date of the report filing. |
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