SCHEDULE: Vanguard Group Reports 0% DoubleVerify Holdings Stake

The Vanguard Group has reported a 0% beneficial ownership in DoubleVerify Holdings Inc. following an internal realignment.

Summary

• The Vanguard Group now reports 0% beneficial ownership of DoubleVerify Holdings Inc. Common Stock.
• This change is a result of an internal realignment within The Vanguard Group, Inc. that occurred on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of The Vanguard Group, Inc. will report beneficial ownership separately (on a disaggregated basis).
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these subsidiaries and/or business divisions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event for DoubleVerify Holdings Inc., as it reflects an internal reporting change by The Vanguard Group rather than a change in investment thesis regarding the issuer.

Future Outlook

No forward-looking statements or guidance regarding DoubleVerify Holdings Inc. are provided in this filing.

Management Comments

• The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.

Industry Context

StockSavvy.ai notes that such internal realignments are common among large asset managers like Vanguard, often aimed at streamlining reporting or optimizing investment strategies across different funds or divisions. This specific filing indicates a shift in how Vanguard's various entities will disclose their holdings, rather than a strategic divestment based on DoubleVerify's performance.

Stakeholder Impact

• Minimal direct impact on DoubleVerify Holdings Inc. shareholders, as the underlying holdings may still exist within Vanguard's broader family of funds, just reported differently.
• For Vanguard's investors, this means more granular reporting from specific subsidiaries.

Next Steps

• Certain subsidiaries or business divisions of The Vanguard Group, Inc. will report beneficial ownership separately from The Vanguard Group, Inc. in reliance on SEC Release No. 34-39538.

Key Dates

Keywords

DoubleVerify Holdings Inc, Vanguard Group, Schedule 13G, beneficial ownership, common stock, institutional ownership, SEC filing