Form 4: DoubleVerify Executive Julie Eddleman Reports Stock Transactions Following RSU Vesting
SEC Form 4
Julie Eddleman, Global Chief Communications Officer at DoubleVerify Holdings, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On September 15, 2024, Julie Eddleman, Global Chief Communications Officer of DoubleVerify Holdings, Inc., reported transactions related to the vesting of restricted stock units (RSUs).
- These transactions included the vesting of 1,991, 3,438, and 3,034 RSUs, which convert into common stock on a one-for-one basis.
- Shares were withheld to satisfy tax obligations in connection with the vesting of these RSUs, with prices at $17.42 per share.
- Following these transactions, Eddleman directly owns 164,151 shares of DoubleVerify Holdings, Inc. common stock and holds 39,442 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, and it doesn't inherently indicate positive or negative sentiment. It's a neutral event.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions reported may have a minor impact on the overall share supply, but are unlikely to significantly affect shareholders.
- The vesting of RSUs is part of the executive compensation package, impacting the executive and potentially influencing their alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| December 10, 2021 | Date of grant for 1,991 restricted stock units. |
| March 15, 2022 | First vesting date (2022 Vesting Date) for 6.25% of the restricted stock units granted on December 10, 2021. |
| December 12, 2022 | Date of grant for 3,438 restricted stock units. |
| March 15, 2023 | First vesting date (2023 Vesting Date) for 6.25% of the restricted stock units granted on December 12, 2022. |
| December 19, 2023 | Date of grant for 3,034 restricted stock units. |
| March 15, 2024 | First vesting date (2024 Vesting Date) for 6.25% of the restricted stock units granted on December 19, 2023. |
| September 15, 2024 | Date of RSU vesting and related stock transactions. |
| September 17, 2024 | Date of Form 4 filing. |
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