Form 4: DoubleVerify Executive Acquires Shares Following Performance-Based Vesting

Julie Eddleman, Global Chief Communications Officer at DoubleVerify Holdings, Inc., reports the acquisition of 12,864 shares of common stock following the certification of performance-based conditions related to a previously granted performance stock unit (PSU).

Summary

• Julie Eddleman, the Global Chief Communications Officer of DoubleVerify Holdings, Inc., has reported a transaction involving performance stock units (PSUs).
• On December 19, 2023, Eddleman received a PSU grant of 24,272 units.
• The award was subject to performance-based conditions, and was not reportable under Section 16 until the Issuer's Compensation Committee certified the performance-based conditions.
• The certification occurred on March 6, 2025, resulting in 12,864 shares being earned.
• 41.67% of the earned shares will vest and settle on March 15, 2025, with the remaining shares vesting quarterly at a rate of 8.33%.
• The PSUs convert into common stock on a one-for-one basis.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The vesting of PSUs suggests that performance goals were met, which is a positive indicator. However, the filing itself is a routine disclosure.

Positives

• The vesting of performance stock units indicates that performance targets were met, which is a positive signal.

Future Outlook

The remaining earned shares will vest at a rate of 8.33% on each quarterly anniversary of the 2025 Vesting Date.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency regarding the alignment of management's interests with those of shareholders.

Stakeholder Impact

• The vesting of shares aligns the executive's interests with those of shareholders.

Key Dates