DoubleVerify Holdings, Inc.·4

Jul 1, 4:04 PM ET

Zagorski Mark 4

4 · DoubleVerify Holdings, Inc. · Filed Jul 1, 2026

Research Summary

AI-generated summary of this filing

Updated

DoubleVerify CEO Mark Zagorski Receives 13,476 Shares; 7,453 Withheld

What Happened

  • Mark Zagorski, Chief Executive Officer of DoubleVerify (DV), had 13,476 restricted stock units (RSUs convertible 1-for-1) vest/convert into common shares on June 30, 2026. Of those shares, 7,453 were withheld to satisfy tax withholding obligations at $10.84 per share (total withholding ≈ $80,791), leaving a net 6,023 shares retained by Zagorski.
  • This was a vesting/settlement of RSUs (not an open-market sale or purchase). The RSUs had no exercise price ($0) and the share surrender was for tax withholding.

Key Details

  • Transaction date: 2026-06-30; Form 4 filed: 2026-07-01 (timely).
  • Shares vested/converted: 13,476 RSUs → 13,476 common shares (M code: conversion/exercise of derivative).
  • Shares withheld for taxes: 7,453 shares @ $10.84 = $80,791 (F code: tax withholding).
  • Net shares retained by insider after withholding: 6,023.
  • Footnotes: F1 — RSUs granted 8/19/2025; vesting schedule began 12/31/2025 and continues quarterly at 8.33% per quarter; F2 — withheld shares used to satisfy tax obligations; F3 — RSUs convert one-for-one to common stock.
  • Shares owned after transaction: not specified in the filing.

Context

  • This is a routine equity compensation vesting event and tax-related withholding, not a market sale intended to raise cash or signal a change in position. For RSU settlements, it’s common for companies to withhold shares to cover taxes rather than require a cash payment.
  • Transaction codes: M = conversion/exercise of a derivative instrument (here, RSU settlement), F = shares withheld to satisfy tax withholding.

Insider Transaction Report

Form 4
Period: 2026-06-30
Zagorski Mark
DirectorChief Executive Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-30+13,476587,817 total
  • Tax Payment

    Common Stock

    [F2]
    2026-06-30$10.84/sh7,453$80,791580,364 total
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F1]
    2026-06-3013,476121,280 total
    Common Stock (13,476 underlying)
Footnotes (3)
  • [F1]Each restricted stock unit was granted on August 19, 2025. 8.33% of the restricted stock units vested and were settled on December 31, 2025 (the "2025 Vesting Date"), and the remainder of the restricted stock units vest at a rate of 8.33% on each quarterly anniversary of the 2025 Vesting Date, subject to Mr. Zagorski's continued employment.
  • [F2]Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
  • [F3]Restricted stock units convert into common stock on a one-for-one basis.
Signature
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Mark S. Zagorski|2026-07-01

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT