Viant Technology (DSP) CEO-linked LLC converts units and sells 12,080 shares

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Viant Technology Inc. insider activity shows transactions by Capital V LLC, an entity associated with CEO and Chairman Timothy Vanderhook, involving both conversions and sales of shares. Capital V LLC exercised 12,500 Class B Units of Viant Technology LLC into 12,500 shares of Class A common stock, with a corresponding 12,500 shares of Class B common stock cancelled for no consideration. Following these exercises and cancellations, Capital V LLC sold a total of 12,080 shares of Class A common stock in open-market transactions at weighted average prices around the low-$9 range, executed over multiple trades. These sales were carried out under a Rule 10b5-1 trading plan adopted by Capital V LLC on March 18, 2025 and amended on September 17, 2025. Vanderhook is reported to hold a one-third interest in Capital V LLC and is therefore treated as having an indirect pecuniary interest in a portion of these holdings.

Insights

Pre-planned entity-level trades, mixing conversions with modest net sales.

The activity centers on Capital V LLC, which converted 12,500 Class B Units into 12,500 Class A shares of Viant Technology Inc., while cancelling the same number of Class B common shares. This reflects a shift in capital structure rather than new cash investment.

Capital V LLC then sold 12,080 Class A shares in open-market transactions at weighted average prices in the low $9 range. Footnotes state these trades occurred under a Rule 10b5‑1 plan adopted on March 18, 2025 and amended on September 17, 2025, indicating a pre-arranged trading framework instead of discretionary, opportunistic selling.

Timothy Vanderhook is described as holding a one-third interest in Capital V LLC, giving him an indirect pecuniary interest in a portion of these holdings. Overall, this is a routine blend of derivative exercises, class conversions, and modest net share sales at the LLC level, without additional context on broader ownership levels or company performance.

Insider Trade Summary

Net Seller: 12,080 shares ($111,237)

Net Sell 6 txns

Insider Vanderhook Timothy

Role CEO and Chairman

Sold 12,080 shs ($111K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	3,279	$9.1718	$30K
Sale	Class A Common Stock	4,722	$9.1853	$43K
Exercise	Class B Units	12,500	$0.00	--
Exercise	Class A Common Stock	12,500	$0.00	--
Disposition	Class B Common Stock	12,500	$0.00	--
Sale	Class A Common Stock	4,079	$9.2645	$38K

Holdings After Transaction: Class A Common Stock — 420 shares (Indirect, By Capital V LLC); Class B Units — 9,132,275 shares (Indirect, By Capital V LLC); Class B Common Stock — 9,132,275 shares (Indirect, By Capital V LLC)

Footnotes (1)

The Class B Units of Viant Technology LLC ("Class B Units") are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A common stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B common stock will be automatically cancelled. The Reporting Person holds a one-third interest in Capital V LLC and may therefore be deemed to have an indirect pecuniary interest in one-third of Capital V LLC's total holdings. Reflects the cancellation for no consideration of a number of shares of Class B common stock of the Issuer in connection with the redemption by Capital V LLC of an equal number of Class B Units for Class A common stock. Shares sold pursuant to a 10b5-1 plan adopted by Capital V LLC on March 18, 2025, as amended on September 17, 2025. The price reported in Column 4 is a weighted average price, based on the Reporting Person's pro rata portion of a total of 12,237 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $9.17 to $9.56. 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, based on the Reporting Person's pro rata portion of a total of 14,167 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $9.03 to $9.39. 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, based on the Reporting Person's pro rata portion of a total of 9,836 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $9.02 to $9.295. 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.

Form 4 Insider Transactions: What Each Field Means →

02/19/2026 - 08:52 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Vanderhook Timothy

(Last)

(First)

(Middle)

C/O VIANT TECHNOLOGY INC.

2722 MICHELSON DRIVE, SUITE 100

(Street)

IRVINE

92612

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Viant Technology Inc. [ DSP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Chairman

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	02/17/2026		M⁽¹⁾		12,500	A	$0⁽¹⁾	12,500	I	By Capital V LLC⁽²⁾
Class B Common Stock	02/17/2026		D⁽³⁾		12,500	D	$0⁽³⁾	9,132,275	I	By Capital V LLC⁽²⁾
Class A Common Stock	02/17/2026		S⁽⁴⁾		4,079	D	$9.2645⁽⁵⁾	8,421	I	By Capital V LLC⁽²⁾
Class A Common Stock	02/18/2026		S⁽⁴⁾		4,722	D	$9.1853⁽⁶⁾	3,699	I	By Capital V LLC⁽²⁾
Class A Common Stock	02/19/2026		S⁽⁴⁾		3,279	D	$9.1718⁽⁷⁾	420	I	By Capital V LLC⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Units	⁽¹⁾	02/17/2026		M			12,500	⁽¹⁾	⁽¹⁾	Class A Common Stock	12,500	⁽¹⁾	9,132,275	I	By Capital V LLC⁽²⁾

Explanation of Responses:

1. The Class B Units of Viant Technology LLC ("Class B Units") are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A common stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B common stock will be automatically cancelled.

2. The Reporting Person holds a one-third interest in Capital V LLC and may therefore be deemed to have an indirect pecuniary interest in one-third of Capital V LLC's total holdings.

3. Reflects the cancellation for no consideration of a number of shares of Class B common stock of the Issuer in connection with the redemption by Capital V LLC of an equal number of Class B Units for Class A common stock.

4. Shares sold pursuant to a 10b5-1 plan adopted by Capital V LLC on March 18, 2025, as amended on September 17, 2025.

5. The price reported in Column 4 is a weighted average price, based on the Reporting Person's pro rata portion of a total of 12,237 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $9.17 to $9.56. 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.

6. The price reported in Column 4 is a weighted average price, based on the Reporting Person's pro rata portion of a total of 14,167 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $9.03 to $9.39. 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.

7. The price reported in Column 4 is a weighted average price, based on the Reporting Person's pro rata portion of a total of 9,836 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $9.02 to $9.295. 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.

Remarks:

	/s/ Larry Madden, Attorney-in-Fact for Timothy Vanderhook	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Viant Technology Inc. (DSP) report for Capital V LLC?

The report shows Capital V LLC exercised 12,500 Class B Units into 12,500 Class A shares, cancelled 12,500 Class B common shares, and sold 12,080 Class A shares in open-market trades at weighted average prices in the low-$9 range.

How is CEO Timothy Vanderhook economically linked to these Viant Technology (DSP) trades?

Timothy Vanderhook is reported to hold a one-third interest in Capital V LLC, so he is deemed to have an indirect pecuniary interest in one-third of the LLC’s total holdings, including the units converted and Class A shares sold in these transactions.

Were the Viant Technology (DSP) insider sales made under a 10b5-1 trading plan?

Yes. The filing states that shares of Class A common stock were sold on behalf of Capital V LLC pursuant to a Rule 10b5-1 trading plan adopted on March 18, 2025 and amended on September 17, 2025, indicating a pre-arranged schedule for these sales.

What prices were received in the recent Viant Technology (DSP) insider stock sales?

Weighted average prices reported for the Class A common stock sales were around the low-$9 range per share. Footnotes note multiple trades in ranges such as $9.03–$9.39, $9.02–$9.295, and $9.17–$9.56, with full trade breakdowns available on request.

What structural change occurred between Viant Technology (DSP) Class B Units and Class A shares?

Capital V LLC redeemed 12,500 Class B Units of Viant Technology LLC for 12,500 shares of Class A common stock. In connection with this redemption, an equal number of shares of Class B common stock of Viant Technology Inc. were cancelled for no consideration, simplifying the equity structure.

How many Viant Technology (DSP) shares did Capital V LLC hold after the reported transactions?

After the reported open-market sales on February 19, 2026, Capital V LLC’s indirect holdings referenced for one transaction show 420 shares of Class A common stock in that line, and 9,132,275 Class B Units and corresponding Class B common shares in another line, reflecting large ongoing interests.