Desmond Laura 4
4 · DoubleVerify Holdings, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
DoubleVerify (DV) Director Laura Desmond Converts RSUs, Gets 20,000 Grant
What Happened
- Laura B. Desmond, a director of DoubleVerify Holdings, converted 14,609 vested restricted stock units (reported as a derivative conversion, code M) and was also granted 20,000 new time‑based restricted stock units (code A) on May 21, 2026. Both transactions show $0 per share (these are equity awards/RSU conversions, not open‑market trades).
- The 14,609 conversion was reported as a disposition in the Form 4, but the filing’s footnotes indicate the shares' delivery was deferred under the company’s deferred compensation plan (so no cash sale occurred). The new 20,000 RSUs were granted on May 21, 2026 and vest on the earlier of May 21, 2027 or the 2027 annual meeting, subject to continued service.
Key Details
- Transaction dates: May 21, 2026; Form 4 filed May 22, 2026 (timely filing).
- Prices/values: $0.00 per share reported (these are RSU conversions/grants, not market purchases/sales).
- Share counts: 14,609 converted/treated as disposed; 20,000 RSUs newly granted.
- Shares owned after transaction: not specified in the provided filing excerpt—see the full Form 4 for total beneficial ownership.
- Notable footnotes:
- RSUs convert one-for-one to common stock (F1, F3).
- The 14,609 vested RSUs (granted May 21, 2025) fully vested May 21, 2026; Ms. Desmond elected to defer delivery of vested shares to Jan 1, 2027 or her end of service (F2, F3).
- The 20,000 RSUs are the annual director grant (May 21, 2026) and vest by May 21, 2027 or the 2027 annual meeting; delivery of vested shares is deferred until end of service per her election (F5).
- Some RSUs are held by the Laura B. Desmond Revocable Trust for which she is trustee (F4).
Context
- These entries reflect equity compensation mechanics (vesting and grant) rather than open‑market buying or selling. The “M” code indicates conversion/exercise of a derivative (RSU conversion); the “A” code is an award/grant.
- Because delivery is deferred under the issuer’s plan, the conversion was reported as a disposition on paper but does not indicate a market sale. For full ownership details and timing of actual share delivery, consult the complete Form 4 and the company’s compensation plan disclosures.
Insider Transaction Report
Form 4
Desmond Laura
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
[F1][F2][F3][F4]2026-05-21−14,609→ 0 total(indirect: By Trust)From: 2026-05-21→ Common Stock (14,609 underlying) - Award
Restricted Stock Units
[F1][F5][F4]2026-05-21+20,000→ 20,000 total(indirect: By Trust)From: 2027-05-21→ Common Stock (20,000 underlying)
Footnotes (5)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]As reported previously, the reporting person made an election under the Issuer's deferred compensation plan to defer delivery of the vested shares to the earlier of (i) January 1, 2027 and (ii) the reporting person's end of service as a Director (in which case the shares will be delivered in a lump sum).
- [F3]Each restricted stock unit was granted on May 21, 2025 and represents a right to receive one share of common stock on a one-to-one basis. The restricted stock units fully vested on May 21, 2026.
- [F4]Represents restricted stock units held by the Laura B. Desmond Revocable Trust for which Ms. Desmond is trustee.
- [F5]Represents time-based restricted stock units granted on May 21, 2026 pursuant to the annual equity grant under DoubleVerify Holdings, Inc.'s non-employee director compensation program. The restricted stock units vest on the earlier of (i) May 21, 2027 and (ii) the date of DoubleVerify Holdings, Inc.'s 2027 Annual Meeting of Stockholders, subject to the reporting person's continued service. Ms. Desmond made an election under the Issuer's deferred compensation plan to defer delivery of the vested shares upon her end of service as a Director (in which case the shares will be delivered in a lump sum).
Signature
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Laura B. Desmond|2026-05-22