Form 4: DoubleVerify Holdings Insider Stock Transactions

Sentiment:

Insider Transaction Report


Steven J. Mougis, Global Chief Commercial Officer of DoubleVerify Holdings, Inc., reported a series of stock transactions on June 15, 2026, involving the acquisition and disposition of common stock and the settlement of restricted and performance stock units.

Summary

  • Steven J. Mougis, Global Chief Commercial Officer at DoubleVerify Holdings, Inc., engaged in multiple stock transactions on June 15, 2026.
  • These transactions included the acquisition of 9,376 restricted stock units (RSUs) and 842 performance stock units (PSUs), along with the disposition of shares related to tax withholding obligations upon vesting.
  • The filing details the settlement of various RSUs and PSUs granted on different dates between March 2023 and March 2026, with vesting schedules ranging from quarterly anniversaries to specific dates.
  • Following these transactions, Mougis beneficially owns 95,160 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine equity vesting and tax withholding transactions by an executive, rather than significant strategic or financial performance indicators.

Positives

  • The reporting person, Steven J. Mougis, acquired a significant number of restricted stock units (9,376) and performance stock units (842), indicating continued equity-based compensation and potential future value.
  • The transactions reflect the vesting and settlement of previously granted equity awards, suggesting progress in meeting performance or service conditions.
  • The company is actively managing its equity compensation plans, as evidenced by the various grant and vesting dates detailed in the filing.

Negatives

  • The filing indicates shares were withheld to satisfy tax obligations upon vesting of RSUs and PSUs, which represents a reduction in the net shares received by the reporting person.
  • While specific sale prices are not detailed for all transactions, the 'F' transaction code suggests dispositions, potentially including sales, which could impact the reporting person's direct ownership stake.

Risks

  • The vesting schedules for RSUs and PSUs are tied to specific dates and quarterly anniversaries, meaning that future vesting is contingent on continued employment or performance.
  • Tax withholding obligations represent a recurring cost for the reporting person upon equity vesting.

Future Outlook

The filing does not contain explicit forward-looking statements or guidance. However, the ongoing vesting of restricted and performance stock units implies continued operational activity and potential future equity awards.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider stock transactions. The detailed breakdown of RSU and PSU vesting schedules is typical for companies in the technology and digital advertising sectors, like DoubleVerify, which use equity compensation to attract and retain talent.

Stakeholder Impact

  • Shareholders: The transactions reflect standard executive compensation practices and do not inherently signal a change in company strategy or performance. The withholding of shares for taxes is a routine aspect of equity compensation.
  • Employees: The detailed vesting schedules for RSUs and PSUs highlight the importance of equity incentives for DoubleVerify's key personnel.
  • Management: The reporting person, Steven J. Mougis, continues to hold a significant beneficial ownership stake in the company, aligning his interests with shareholders.

Next Steps

  • Continued vesting and settlement of restricted and performance stock units according to their respective schedules.
  • Potential future equity grants and transactions by the reporting person.

Key Dates

DateDescription
03/15/2023Vesting Date for a portion of RSUs granted on March 15, 2023.
06/15/2023Vesting Date for a portion of RSUs granted on March 15, 2023.
03/15/2024Grant date for Performance Stock Units.
03/15/2024Grant date for Restricted Stock Units.
03/15/2025Vesting Date for a portion of Performance Stock Units granted on March 15, 2024.
06/15/2024Vesting Date for a portion of RSUs granted on March 15, 2024.
06/15/2025Vesting Date for a portion of RSUs granted on March 31, 2025.
03/12/2026Grant date for Restricted Stock Units.
03/13/2025Grant date for Restricted Stock Units.
03/15/2025Vesting Date for a portion of Performance Stock Units granted on March 15, 2024.
03/15/2026Grant date for Performance Stock Units.
03/25/2025Grant date for Performance Stock Units.
06/15/2026Transaction Date for acquisition and disposition of common stock and settlement of RSUs and PSUs.
06/17/2026Date of signature for the filing.

Keywords

Form 4, SEC Filing, DoubleVerify Holdings, DV, Insider Trading, Stock Options, Restricted Stock Units, Performance Stock Units, Equity Compensation, Beneficial Ownership, Steven J. Mougis

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