Form 4: DoubleVerify Executive Julie Eddleman Reports Stock Transactions Following RSU Vesting
SEC Form 4
Julie Eddleman, Global Chief Communications Officer at DoubleVerify Holdings, Inc., reports the acquisition and disposal of common stock related to the vesting of restricted stock units (RSUs).
Summary
- On March 15, 2024, Julie Eddleman, Global Chief Communications Officer of DoubleVerify Holdings, Inc., reported transactions involving the company's common stock.
- These transactions are related to the vesting of restricted stock units (RSUs) granted on December 10, 2021, December 12, 2022, and December 19, 2023.
- A portion of these RSUs vested on March 15, 2024, and were settled in common stock.
- Shares were also withheld to satisfy tax obligations associated with the vesting of the RSUs.
- The price per share for tax withholding purposes was $33.09.
- Following these transactions, Eddleman directly owns 142,502 shares of DoubleVerify Holdings, Inc. common stock and holds 45,510 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation. It doesn't indicate positive or negative sentiment, but rather a standard process.
Positives
- The vesting of RSUs indicates that Eddleman is meeting the conditions of her equity compensation plan.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| December 10, 2021 | Date of grant for some of the restricted stock units. |
| March 15, 2022 | The '2022 Vesting Date' where 6.25% of the restricted stock units vested and were settled. |
| December 12, 2022 | Date of grant for some of the restricted stock units. |
| March 15, 2023 | The '2023 Vesting Date' where 6.25% of the restricted stock units vested and were settled. |
| December 19, 2023 | Date of grant for some of the restricted stock units. |
| March 15, 2024 | Date of transactions reported in the Form 4, including RSU vesting and tax withholding. |
| March 19, 2024 | Date of signature on the Form 4 filing. |
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