Jain Sundeep 4

What Happened

• Sundeep Jain, a director of DoubleVerify (DV), had 14,609 restricted stock units (RSUs) that vested and converted into 14,609 shares on May 21, 2026 (reported as an exercise/conversion, code M). The filing shows those 14,609 shares were then disposed the same day (reported as a derivative disposition) and the transaction entries report $0.00 per share.
• On the same date he was granted 20,000 new time-based RSUs (code A) as part of the company’s non-employee director compensation program. Those RSUs carry a $0.00 reported price in the filing and are subject to future vesting.

Key Details

• Transaction date(s): May 21, 2026; Form 4 filed May 22, 2026 (timely).
• Converted/Disposed: 14,609 shares from vested RSUs; price reported $0.00.
• New award: 20,000 RSUs granted; price reported $0.00; vesting on the earlier of May 21, 2027 or the 2027 Annual Meeting, subject to continued service.
• Footnotes: The converted RSUs were originally granted May 21, 2025 and fully vested May 21, 2026 (one-for-one conversion). Some shares/RSUs are held by OPCR Tree LLC, wholly owned by Mr. Jain.
• Shares owned after the transactions: not specified in the filing.

Context

• This filing reflects RSU vesting/conversion and a contemporaneous disposition plus a new RSU grant. The $0.00 values in the Form 4 are typical for RSU conversions/grants and for derivative settlement entries in SEC filings; they do not necessarily indicate cash proceeds. The grant is a routine annual director equity award and vests in the future; the conversion/disposition relates to previously vested RSUs.