Form 4: DoubleVerify CLO Sells Shares Under 10b5-1 Plan

DoubleVerify's Chief Legal Officer, Andrew E. Grimmig, sold 1,000 shares of common stock for $11.49 per share pursuant to a pre-arranged trading plan.

Summary

• Andrew E. Grimmig, Chief Legal Officer of DoubleVerify Holdings, Inc., reported a transaction involving the company's common stock.
• On January 2, 2026, Mr. Grimmig disposed of 1,000 shares of common stock.
• The shares were sold at a price of $11.49 per share.
• Following this transaction, Mr. Grimmig beneficially owns 101,497 shares of DoubleVerify common stock.
• The sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Grimmig on June 18, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, pre-scheduled insider stock sale under a 10b5-1 plan, which typically does not convey new information about the company's performance or outlook.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends. It reflects an individual executive's pre-planned stock sale rather than a strategic company move.

Stakeholder Impact

• Shareholders: Minimal impact as this is a small, pre-planned sale by an executive, not indicative of a change in company fundamentals or management's confidence.

Key Dates

Recommendation

The sale of 1,000 shares by the Chief Legal Officer, executed under a pre-arranged Rule 10b5-1 trading plan, is a routine event and does not signal any new material information about DoubleVerify's financial health or future prospects. It is a standard liquidity event for an executive and should not influence investment decisions. Therefore, a 'hold' recommendation is appropriate as this filing provides no new basis for a change in investment thesis.

Keywords

DoubleVerify Holdings, DV, Insider Trading, Form 4, Andrew E. Grimmig, Chief Legal Officer, Stock Sale, 10b5-1 Plan, Beneficial Ownership