Allais Nicola T 4
Research Summary
AI-generated summary
DoubleVerify (DV) CFO Nicola Allais Receives Award; Shares Withheld for Taxes
What Happened Nicola T. Allais, Chief Financial Officer of DoubleVerify Holdings (DV), received equity awards and had award shares convert to common stock on March 15, 2026. A grant of 180,000 restricted stock units (RSUs) was made on March 12, 2026. On March 15 several derivative awards converted/settled into shares (totaling 56,871 shares in the filing excerpt) and 23,513 of those shares were withheld to satisfy tax-withholding obligations. The withheld shares were recorded as disposed at $10.21 per share, producing proceeds of approximately $240,068.
Key Details
- Transaction dates: Grant on 2026-03-12; conversions/settlements and tax-withholding on 2026-03-15; Form 4 filed 2026-03-16.
- Prices and proceeds: Tax-withheld shares disposed at $10.21 each; total reported withheld proceeds ≈ $240,068.
- Awards: 180,000 RSUs granted (F1/F10); 8.33% of those RSUs vested/settled on March 15, 2026, with the remainder vesting quarterly thereafter. Performance stock units convert 1:1 when earned (F11/F12).
- Shares withheld for taxes: 23,513 shares (code F — tax withholding).
- Shares owned after transaction: Not disclosed in the supplied excerpt.
- Timeliness: Filing appears timely (transactions 3/15, Form 4 filed 3/16).
- Transaction codes: A = award/grant; M = exercise/conversion of derivative (vest/settle); F = shares withheld/sold to satisfy taxes.
Context These transactions reflect vesting/settlement of equity awards and routine tax withholding (a cashless-type settlement), not an open-market purchase or a voluntary sale for investment purposes. For retail investors, award grants and routine withholdings are common compensation events and should not be interpreted as a directional buy/sell signal on their own.