Form 4: DoubleVerify Executive Julie Eddleman Reports Stock Transactions
SEC Form 4 Filing
Julie Eddleman, Global Chief Communications Officer at DoubleVerify Holdings, reports the vesting and settlement of restricted stock units and associated tax withholding.
Summary
- On July 26, 2024, Julie Eddleman, Global Chief Communications Officer of DoubleVerify Holdings, Inc., reported transactions involving the company's common stock.
- Ms. Eddleman vested and settled 12,322 restricted stock units (RSUs), each convertible to one share of common stock.
- 5,280 shares were withheld to cover tax obligations related to the RSU vesting at a price of $20.52 per share.
- Following these transactions, Ms. Eddleman directly owns 159,317 shares of DoubleVerify Holdings, Inc.
- The RSUs were granted on January 28, 2021, and vest quarterly, subject to continued employment.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for executives to receive and vest stock options or restricted stock units as part of their compensation packages.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| January 28, 2021 | Date the restricted stock units (RSUs) were granted. |
| April 20, 2021 | 25% of the RSUs vested and were settled upon the initial public offering of common stock of DoubleVerify Holdings, Inc. |
| January 26, 2022 | 25% of the remaining RSUs vested and were settled. |
| July 26, 2024 | Date of the reported transactions: vesting and settlement of 12,322 RSUs and tax withholding. |
| July 30, 2024 | Date of signature on the Form 4 filing. |
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