Viant Technology (DSP) CFO sells 33,333 shares in pre-planned trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viant Technology Inc. Chief Financial Officer Larry Madden reported open-market sales of Class A Common Stock under a pre-arranged Rule 10b5-1 trading plan adopted on December 15, 2025. He sold 18,663 shares on June 5, 2026 at a weighted average price of $12.2426 and 14,670 shares on June 8, 2026 at a weighted average price of $12.0981, for a total of 33,333 shares sold.
After these transactions, Madden directly holds 484,531 shares of Viant Class A Common Stock. The filing notes that both transactions were executed through multiple trades within stated price ranges, with full trade details available on request.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 33,333 shares ($405,963)
Net Sell
2 txns
Insider
MADDEN LARRY
Role
Chief Financial Officer
Sold
33,333 shs ($406K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 14,670 | $12.0981 | $177K |
| Sale | Class A Common Stock | 18,663 | $12.2426 | $228K |
Holdings After Transaction:
Class A Common Stock — 484,531 shares (Direct, null)
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 $12.05 to $12.895. 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 $12.01 to $12.32. 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: 33,333 shares
June 5, 2026 sale: 18,663 shares at $12.2426
June 8, 2026 sale: 14,670 shares at $12.0981
+4 more
7 metrics
Total shares sold
33,333 shares
Open-market sales reported in Form 4
June 5, 2026 sale
18,663 shares at $12.2426
Weighted average price, multiple trades
June 8, 2026 sale
14,670 shares at $12.0981
Weighted average price, multiple trades
Shares held after trades
484,531 shares
Direct Class A holdings post-transaction
10b5-1 plan adoption date
December 15, 2025
Plan governing reported sales
Price range footnote F2
$12.05–$12.895
Trade range for one weighted average sale
Price range footnote F3
$12.01–$12.32
Trade range for other weighted average sale
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. These shares were sold in multiple transactions..."
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 selling Class A Common Stock in two open-market transactions under a Rule 10b5-1 trading plan. The filing details the share amounts, average prices, and his remaining direct holdings after the sales.
What price ranges applied to the Viant Technology (DSP) CFO’s Form 4 sales?
For one transaction, the weighted average price of $12.0981 reflects multiple trades between $12.01 and $12.32. For the other, the $12.2426 average reflects trades between $12.05 and $12.895, with full breakdowns available upon request.