Allais Nicola T 4

What Happened Nicola T. Allais, Chief Financial Officer of DoubleVerify (DV), had a total of 35,322 award-derived shares converted/issued on June 15, 2026 (transaction code M). Of those, 19,537 shares were surrendered/withheld to satisfy tax withholding obligations at $10.25 per share (transaction code F), totaling approximately $200,255. After withholding, Allais received a net 15,785 shares. These entries reflect routine vesting/settlement of restricted stock units (RSUs) and/or performance stock units (PSUs), not an open-market sale or purchase.

Key Details

• Transaction date: June 15, 2026 (filed June 17, 2026 — timely filing).
• Gross shares converted/issued: 35,322 shares (multiple award conversions; M).
• Shares withheld for taxes: 19,537 shares at $10.25 each = $200,255 (F — share withholding to cover tax liability).
• Net shares received: 15,785 shares.
• Footnotes indicate these were RSUs and PSUs that convert one-for-one to common stock and that the withholding entries represent shares withheld to satisfy tax obligations (see F1–F4, F9–F10 for vesting/grant details).
• No open-market sale or purchase reported — this was a vesting/settlement and share-withholding (net settlement) transaction.

Context

• The M code indicates exercise/conversion of derivative awards (here, conversion/settlement of RSUs/PSUs). The F code represents payment of tax liability via share withholding (a common “sell-to-cover” style settlement).
• These transactions are typically administrative (vesting and tax withholding) and do not by themselves signal insider buying or selling sentiment.