Noell Robert Davis 4

What Happened
Noell R. Davis, reported as a 10% owner (affiliated with Providence entities), acquired a total of 49,218 DoubleVerify (DV) shares on May 21, 2026. The filing shows: 29,218 shares reported as an “other acquisition” (transaction code J) at $0.00 (reflecting a transfer) and 20,000 restricted stock units (RSUs) granted (transaction code A) at $0.00 (derivative award). The RSUs convert one-for-one into common stock and were granted under DoubleVerify’s non-employee director compensation program.

Key Details

• Transaction dates/prices: May 21, 2026; 29,218 shares @ $0.00 (transfer), 20,000 RSUs @ $0.00 (grant).
• Total shares reported acquired: 49,218 (29,218 share transfer + 20,000 RSUs).
• RSU vesting: time-based RSUs vest the earlier of May 21, 2027 or the 2027 Annual Meeting, subject to continued service (see footnote).
• Beneficial ownership notes: the transferred shares are held by Providence-related entities (PEP LLC / Providence Butternut); several Providence principals (including R. Davis Noell) disclaim beneficial ownership except to the extent of any pecuniary interest. See footnotes F1–F3, F8–F11 for structure and disclaimers.
• Filing timeliness: Report filed May 22, 2026 for May 21, 2026 transactions (filed promptly).

Context
This was not an open-market purchase but an internal transfer to and a director award from Providence-related vehicles and DoubleVerify’s director compensation program. The RSU grant is a derivative award that vests over time and converts 1:1 to common shares; it does not indicate an immediate cash purchase or sale. Because the reporting person is tied to institutional entities (Providence) and the filing includes disclaimers of beneficial ownership, these entries primarily reflect institutional/compensation movements rather than a straightforward personal investment signal.