Form 4: DoubleVerify CFO Allais Reports Equity Vesting
Insider Transaction Report
DoubleVerify Holdings, Inc. CFO Nicola T. Allais reported the vesting of various equity awards and associated tax-related share dispositions on September 15, 2025.
Summary
- Nicola T. Allais, Chief Financial Officer of DoubleVerify Holdings, Inc., reported multiple transactions involving the company's common stock on September 15, 2025.
- These transactions primarily involved the vesting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs), resulting in the acquisition of 17,419 shares of common stock at a price of $0.
- Concurrently, 9,635 shares were disposed of at a price of $13.01 per share to satisfy tax withholding obligations related to these vestings.
- Following these transactions, Allais directly beneficially owns 115,531 shares of DoubleVerify Holdings, Inc. common stock.
- The reported transactions include the vesting of RSUs granted on March 13, 2025, December 19, 2023, December 12, 2022, and December 10, 2021, as well as PSUs granted on December 19, 2023.
Sentiment
Score: 7
Explanation: The filing indicates a routine, positive event of equity award vesting for a key executive, reinforcing alignment with shareholder interests. The disposition of shares for tax purposes is standard and does not reflect negative sentiment.
Positives
- Vesting of 17,419 equity awards (Restricted Stock Units and Performance Stock Units) demonstrates continued long-term incentive alignment between the CFO and shareholder interests.
- The increase in direct beneficial ownership to 115,531 shares indicates a significant personal stake in the company's performance.
Negatives
- 9,635 shares were disposed of to cover tax withholding obligations, which is a standard practice but reduces the total number of shares retained from vesting.
Future Outlook
The remaining unvested Restricted Stock Units and Performance Stock Units will continue to vest quarterly according to their respective schedules, aligning the CFO's long-term incentives with company performance.
Industry Context
This is a routine insider transaction report (Form 4) detailing the vesting of equity compensation, which is a common practice across publicly traded companies to incentivize and retain key executives. It does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: The vesting of equity awards and the CFO's increased direct ownership align management's interests with shareholder value creation.
- Employees: The report reflects standard executive compensation practices, which can influence broader employee incentive programs.
Next Steps
- Continued quarterly vesting of remaining Restricted Stock Units and Performance Stock Units as per their respective schedules.
Key Dates
| Date | Description |
|---|---|
| 12/10/2021 | Grant date for a tranche of Restricted Stock Units. |
| 12/12/2022 | Grant date for a tranche of Restricted Stock Units. |
| 12/19/2023 | Grant date for Performance Stock Units and another tranche of Restricted Stock Units. |
| 03/15/2022 | 2022 Vesting Date for RSUs granted on 12/10/2021, with subsequent quarterly vesting. |
| 03/15/2023 | 2023 Vesting Date for RSUs granted on 12/12/2022, with subsequent quarterly vesting. |
| 03/15/2024 | 2024 Vesting Date for RSUs granted on 12/19/2023, with subsequent quarterly vesting. |
| 03/13/2025 | Grant date for a tranche of Restricted Stock Units. |
| 03/15/2025 | 2025 Vesting Date for RSUs granted on 03/13/2025 and PSUs granted on 12/19/2023, with subsequent quarterly vesting. |
| 09/15/2025 | Date of reported transactions for equity award vesting and tax withholding. |
| 09/17/2025 | Signature date of the reporting person's attorney-in-fact. |
Keywords
DoubleVerify Holdings, DV, Nicola T. Allais, CFO, Insider Trading, Form 4, Restricted Stock Units, Performance Stock Units, Equity Vesting, Share Ownership
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.