Perez Rosario C 4

What Happened C. Perez Rosario, a director of DoubleVerify Holdings, converted 14,609 vested restricted stock units (RSUs) into common shares on May 21, 2026 (reported as an exercise/conversion, code M) and disposed of those 14,609 shares the same day. The conversion/disposal entries show a $0.00 per-share price (typical for RSU settlement reporting). On the same date Perez Rosario was also granted 20,000 time-based RSUs (reported as a grant/award, code A) under the company’s non-employee director compensation program; those RSUs have future vesting conditions.

Key Details

• Transaction date(s): May 21, 2026; Form 4 filed May 22, 2026 (timely filing).
• Converted/Disposed: 14,609 shares resulting from RSU conversion; price reported $0.00 (conversion/settlement), then disposed the same day.
• Grant: 20,000 RSUs granted May 21, 2026 (price $0.00 as an award); these are time-based and vest per footnote conditions.
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: The converted RSUs were granted May 21, 2025 and fully vested May 21, 2026; each RSU equals one share.
  • F2: RSUs convert into common stock on a one-for-one basis.
  • F3: The 20,000 RSUs were granted May 21, 2026 and vest the earlier of May 21, 2027 or the 2027 Annual Meeting, subject to continued service.
• Transaction codes: M = exercise/conversion of derivative (RSU conversion here); A = award/grant.

Context

• The $0.00 amounts reflect RSU conversion/grant reporting rather than a cash purchase price. The conversion followed by a same-day disposal indicates the director did not retain those converted shares, while the 20,000-RSU grant is a future compensation award that vests over time. This filing is routine compensation and conversion activity by a non-employee director and does not, by itself, indicate a broader change in insider sentiment.