Viant Technology (DSP) CFO sells 25,376 shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viant Technology Inc.’s Chief Financial Officer Larry Madden reported an open-market sale of 25,376 shares of Class A common stock at $11.10 per share. According to the disclosure, the transaction was initiated by the company to cover estimated taxes from the vesting and settlement of restricted stock units. Following this tax-related sale, Madden directly holds 459,155 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,376 shares ($281,674)
Net Sell
1 txn
Insider
MADDEN LARRY
Role
Chief Financial Officer
Sold
25,376 shs ($282K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 25,376 | $11.10 | $282K |
Holdings After Transaction:
Class A Common Stock — 459,155 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 25,376 shares
Sale price: $11.10 per share
Shares owned after: 459,155 shares
+1 more
4 metrics
Shares sold
25,376 shares
Open-market sale of Class A common stock
Sale price
$11.10 per share
Price for Class A common stock sold
Shares owned after
459,155 shares
Direct holdings following the reported sale
Net share change
-25,376 shares
Net sell direction in transaction summary
Key Terms
restricted stock units, open-market sale, Class A Common Stock
3 terms
restricted stock units financial
"to cover estimated taxes associated with the vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
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.
FAQ
What did Viant Technology (DSP) disclose in Larry Madden’s latest Form 4?
Viant Technology reported that CFO Larry Madden sold 25,376 shares of Class A common stock at $11.10 per share. The transaction was arranged by the company to cover estimated taxes from vesting restricted stock units, and he now directly holds 459,155 shares.
Does the Viant Technology (DSP) Form 4 indicate any derivative exercises by the CFO?
No derivative exercises are reported in this Form 4. The transaction summary shows zero derivative transactions and zero exercised shares, with activity limited to an open-market sale of 25,376 non-derivative Class A common shares for tax-related purposes.