Desmond Laura 4

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.