Form 4: DoubleVerify Director Donates Shares

Michael J. Dominguez, a director at DoubleVerify Holdings, Inc., reported a charitable donation of 115,036 shares of common stock.

Summary

• Michael J. Dominguez, a Director and 10% Owner of DoubleVerify Holdings, Inc. (DV), reported a transaction on November 21, 2025.
• The transaction involved the disposition of 115,036 shares of common stock through a charitable donation.
• The shares were disposed of at a price of $0 per share.
• Following this transaction, Mr. Dominguez directly owns 0 shares of common stock.
• Mr. Dominguez indirectly beneficially owns 18,173,777 shares through Providence VII U.S. Holdings L.P. and 117,131 shares through Providence Butternut Co-Investment L.P.
• He disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (charitable donation) which is generally neutral in its immediate impact on the company's operational or financial prospects.

Positives

• The transaction represents a charitable donation, which can be viewed positively from a corporate social responsibility perspective.

Negatives

• A director's disposition of shares, even for charitable purposes, reduces their direct stake in the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This insider transaction report is specific to an individual director's share activity and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• Michael J. Dominguez's indirect beneficial ownership of 18,173,777 shares through Providence VII U.S. Holdings L.P. and 117,131 shares through Providence Butternut Co-Investment L.P. is noted, stemming from his relationships with Providence Holdco (International) GP Ltd. This highlights his affiliation with entities that hold significant stakes in DoubleVerify.

Stakeholder Impact

• Shareholders: Minimal direct impact as the transaction is a charitable donation and the director retains significant indirect beneficial ownership.
• Employees, Customers, Suppliers, Creditors: No direct impact from this insider transaction report.

Key Dates

Recommendation

The filing reports a charitable donation of shares by a director, which is a routine insider transaction and does not provide new information warranting a change in investment thesis for DoubleVerify Holdings, Inc. The director retains significant indirect beneficial ownership, suggesting continued alignment with shareholder interests despite the direct share disposition.

Keywords

DoubleVerify Holdings, DV, Form 4, insider transaction, share donation, Michael J. Dominguez, Providence Equity Partners