Viant Technology (NASDAQ: DSP) director receives 15,948 RSU grant, holdings reach 109,861 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viant Technology Inc. director Vivian Yang received a grant of 15,948 restricted stock units of Class A common stock. The award was made at no cash cost to her and brings her direct holdings to 109,861 shares after the grant.
The restricted stock units vest in full on the earlier of the company’s 2027 Annual Meeting of Stockholders (or immediately before that meeting if her board service ends then) or the one-year anniversary of the grant date, in each case subject to her continuous service. Each unit will convert into one share of Class A common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Yang Vivian
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 15,948 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 109,861 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 15,948 units
Transaction price: $0.0000 per share
Shares owned after: 109,861 shares
+2 more
5 metrics
RSUs granted
15,948 units
Restricted stock units awarded to director on grant date
Transaction price
$0.0000 per share
Grant of restricted stock units at no cash cost
Shares owned after
109,861 shares
Total Class A common stock directly held after grant
Vesting outside date
2027 Annual Meeting
Latest meeting date reference for full vesting trigger
Alternative vesting trigger
One-year anniversary
RSUs vest earlier of 2027 meeting or one year from grant
Key Terms
restricted stock units, Class A common stock, Annual Meeting of Stockholders, continuous service, +1 more
5 terms
restricted stock units financial
"Grant of restricted stock units that vest in full on the earlier of"
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.
Class A common stock financial
"Each restricted stock unit represents the right to receive one share of the Issuer's 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.
Annual Meeting of Stockholders financial
"the date of the Issuer's 2027 Annual Meeting of Stockholders"
continuous service financial
"subject to the Reporting Person's continuous service through such vesting date"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Viant Technology (DSP) director Vivian Yang report on this Form 4?
Vivian Yang reported receiving a grant of restricted stock units. She was awarded 15,948 restricted stock units of Viant Technology Class A common stock at no cash cost, increasing her direct holdings to 109,861 shares after the grant.
What are the vesting terms of Vivian Yang’s Viant Technology restricted stock units?
The restricted stock units vest based on time and service. They vest in full on the earlier of the 2027 Annual Meeting of Stockholders, or one year from the grant date, provided she maintains continuous service with the company through that vesting date.
Does Vivian Yang pay anything for the Viant Technology restricted stock units granted?
No, the restricted stock units were granted at no cash cost per unit. The Form 4 shows a transaction price per share of $0.0000, indicating this is a compensation-related equity award rather than an open-market purchase.
What does each restricted stock unit represent for Viant Technology (DSP)?
Each restricted stock unit represents the right to receive one share. Once the vesting conditions are satisfied, every unit converts into one share of Viant Technology’s Class A common stock, aligning director compensation with shareholder interests.
Is this Viant Technology Form 4 a buy or sell transaction by Vivian Yang?
This filing reports an acquisition through a grant, not a market trade. The transaction code is “A”, indicating a grant, award, or other acquisition of 15,948 restricted stock units as part of her director compensation package.