Business Context and Reporting Period
This Form 8-K Current Report was filed by DoubleVerify Holdings, Inc. on September 15, 2025. The filing discloses the resignation of a senior executive officer and the associated compensatory arrangements.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on personnel changes and contractual agreements.
Material Changes
The primary material change reported is the departure of Julie Eddleman, Executive Vice President and Global Chief Commercial Officer. Her resignation is effective December 31, 2025. Following her departure, she will transition to a consultant role.
Guidance, Outlook, and Management Commentary
Management has entered into an Executive Separation Agreement and a Consulting Agreement with Ms. Eddleman to ensure an orderly transition. Key terms include:
- Transition Period: Ms. Eddleman will remain in her current role with current compensation through December 31, 2025.
- Compensation: She is eligible for an annual bonus based on actual performance and accrued service. Her consulting service will count toward the vesting of outstanding equity awards.
- Consulting Role: Effective January 1, 2026, she will serve as a Senior Advisor for an initial term of approximately 6 months.
- Consulting Fee: She will be paid $350 per hour for services rendered during the consulting term.
- Termination: The Company may terminate the consulting agreement with 30 days' notice or immediately for "cause."
No specific financial guidance or outlook was provided in this filing.
Investor Verification Checklist
- Verify the exact effective date of the resignation (December 31, 2025) and the start date of the consulting agreement (January 1, 2026).
- Confirm the total potential cost of the separation package, including the accrued bonus and the estimated consulting fees based on the $350/hour rate.
- Review the press release (Exhibit 99.1) for additional context on the strategic impact of the Chief Commercial Officer's departure.
- Check subsequent filings for the appointment of a successor to the Global Chief Commercial Officer role.