Viant Technology (NASDAQ: DSP) director sells 6,686 shares and corrects RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viant Technology Inc. director Max O. Valdes reported selling a total of 6,686 shares of Class A Common Stock in open-market transactions. The sales occurred on June 8 and June 9, 2026, at weighted average prices around $12 per share. Following these transactions, Valdes directly holds 29,449 shares of Viant Technology Inc. stock. A footnote also corrects a prior Form 4, clarifying that an earlier grant involved 14,544 restricted stock units rather than the 15,948 units previously reported, and states that current reported holdings reflect this accurate amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,686 shares ($80,457)
Net Sell
2 txns
Insider
VALDES MAX O
Role
null
Sold
6,686 shs ($80K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,386 | $11.9689 | $41K |
| Sale | Class A Common Stock | 3,300 | $12.10 | $40K |
Holdings After Transaction:
Class A Common Stock — 29,449 shares (Direct, null)
Footnotes (1)
- The prior Form 4 for the Reporting Person dated June 5, 2026 inadvertently reported 15,948 restricted stock units instead of 14,544, the correct amount actually granted. The current total number of securities beneficially owned following the reported transactions reflects the accurate number of shares held by the Reporting Person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at various prices ranging from $11.9456 to $12.01, inclusive. The Reporting Person undertakes to provide to 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 above.
Key Figures
Total shares sold: 6,686 shares
June 8 sale: 3,300 shares at $12.10/share
June 9 sale: 3,386 shares at $11.9689/share
+2 more
5 metrics
Total shares sold
6,686 shares
Open-market sales on June 8–9, 2026
June 8 sale
3,300 shares at $12.10/share
Class A Common Stock open-market sale
June 9 sale
3,386 shares at $11.9689/share
Weighted average price, multiple executions $11.9456–$12.01
Shares held after trades
29,449 shares
Direct ownership following June 9, 2026 transaction
Correct RSU grant
14,544 units
Revised from 15,948 restricted stock units in prior Form 4
Key Terms
open-market sale, weighted average price, restricted stock units, beneficially owned
4 terms
open-market sale financial
"transaction_action: "open-market sale" for both stock transactions"
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.
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.
restricted stock units financial
"inadvertently reported 15,948 restricted stock units instead of 14,544"
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.
beneficially owned financial
"current total number of securities beneficially owned following the reported transactions"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transactions did Viant Technology (DSP) director Max O. Valdes report?
Max O. Valdes reported selling 6,686 shares of Viant Technology Class A Common Stock in two open-market transactions on June 8 and June 9, 2026. These trades were executed at prices around $12 per share, as disclosed in the Form 4 filing.
What correction to prior Viant Technology (DSP) restricted stock units did the Form 4 disclose?
The Form 4 explains that a prior filing incorrectly reported a grant of 15,948 restricted stock units. The correct amount granted was 14,544 restricted stock units, and the current reported total beneficial ownership is based on this corrected figure.
Were the June 9, 2026 Viant Technology (DSP) sales executed at a single price?
No. The June 9, 2026 sale used a weighted average price of $11.9689 per share. A footnote states shares were sold in multiple transactions at prices ranging from $11.9456 to $12.01, and detailed breakdowns are available on request.