Viant (DSP) CFO trims stake in planned sales, keeps 600,324 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viant Technology Inc. Chief Financial Officer Larry Madden executed open-market sales of a total of 17,541 shares of Class A Common Stock on April 1 and April 2, 2026, under a Rule 10b5-1 trading plan adopted on December 15, 2025. The April 1 sale covered 7,410 shares at a weighted average price of $11.2735 per share, and the April 2 sale covered 10,131 shares at a weighted average price of $10.9447 per share, each completed through multiple trades within disclosed price ranges. Following these transactions, Madden directly holds 600,324 shares of Viant Technology Inc. Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 17,541 shares ($194,417)
Net Sell
2 txns
Insider
MADDEN LARRY
Role
Chief Financial Officer
Sold
17,541 shs ($194K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,131 | $10.9447 | $111K |
| Sale | Class A Common Stock | 7,410 | $11.2735 | $84K |
Holdings After Transaction:
Class A Common Stock — 600,324 shares (Direct)
Footnotes (1)
- Shares sold pursuant to a 10b5-1 plan adopted by the Reporting Person on December 15, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.165 to $11.44. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.63 to $11.12. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Total shares sold: 17,541 shares
April 1 sale: 7,410 shares at $11.2735/share
April 2 sale: 10,131 shares at $10.9447/share
+2 more
5 metrics
Total shares sold
17,541 shares
Open-market sales on April 1–2, 2026
April 1 sale
7,410 shares at $11.2735/share
Weighted average price, multiple trades
April 2 sale
10,131 shares at $10.9447/share
Weighted average price, multiple trades
Shares held after transactions
600,324 shares
Direct Class A Common Stock holding after April 2, 2026
Trading plan adoption date
December 15, 2025
Rule 10b5-1 plan governing these sales
Key Terms
Rule 10b5-1 plan, weighted average price, Class A Common Stock, open-market sale, +1 more
5 terms
Rule 10b5-1 plan regulatory
"Shares sold pursuant to a 10b5-1 plan adopted by the Reporting Person on December 15, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Viant Technology (DSP) CFO Larry Madden report in this Form 4?
Viant Technology CFO Larry Madden reported open-market sales of 17,541 shares of Class A Common Stock. The transactions occurred on April 1 and April 2, 2026, and were executed at weighted average prices slightly above $11 per share.
What does weighted average price mean in this Viant Technology (DSP) Form 4?
The reported prices are weighted averages across multiple trade executions. The filing notes sales on April 1 ranged from $11.165 to $11.44 per share, and April 2 sales ranged from $10.63 to $11.12, with full trade-by-trade details available upon request.