Grimmig Andrew E 4

What Happened

• Andrew E. Grimmig, Chief Legal Officer of DoubleVerify Holdings, was credited with 48,485 shares as a performance-based award (reported as a derivative award) on March 10, 2026. The transaction is reported at $0.00 per share (award/grant), since these were PSUs that converted into common stock on a one-for-one basis.

Key Details

• Transaction date: March 10, 2026; transaction type/code: Award/Grant (A).
• Reported price: $0.00 per share; shares acquired: 48,485.
• Original PSU grant: On March 13, 2025 Grimmig received 40,584 PSUs; after performance certification by the Compensation Committee (Mar 10, 2026) 48,485 shares were earned (per footnote).
• Vesting schedule: 41.67% of the earned shares vest and settle on March 15, 2026; the remainder vests at 8.33% on each quarterly anniversary of that date.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing timeliness: Reported on Form 4 filed Mar 12, 2026 for a Mar 10, 2026 certification—filed within the normal 2-business-day window.

Context

• These were performance stock units (PSUs) that converted into common stock (1-for-1) upon certification of performance conditions; this is a compensation award rather than an open-market purchase or sale. Such awards are routine executive compensation and do not, by themselves, indicate a buy/sell decision by the insider.