Viant Technology (NASDAQ: DSP) CEO sells shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viant Technology Inc. CEO and Chairman Timothy Vanderhook reported a sale of 9,125 shares of Class A Common Stock at $11.10 per share. According to the footnote, the shares were sold in a transaction instituted by the company on his behalf to cover estimated taxes tied to the vesting and settlement of restricted stock units, rather than as a discretionary portfolio move. Following this tax-related sale, he directly holds 208,880 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,125 shares ($101,288)
Net Sell
1 txn
Insider
Vanderhook Timothy
Role
CEO and Chairman
Sold
9,125 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,125 | $11.10 | $101K |
Holdings After Transaction:
Class A Common Stock — 208,880 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 9,125 shares
Sale price: $11.10 per share
Post-transaction holdings: 208,880 shares
3 metrics
Shares sold
9,125 shares
Class A Common Stock, transaction dated 2026-06-15
Sale price
$11.10 per share
Open-market sale to cover estimated taxes
Post-transaction holdings
208,880 shares
Direct ownership after reported sale
Key Terms
restricted stock units, open-market sale, Class A Common Stock
3 terms
restricted stock units financial
"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 insider transaction did Viant Technology (DSP) report for Timothy Vanderhook?
Timothy Vanderhook reported selling 9,125 shares of Viant Technology Class A Common Stock at $11.10 per share. The transaction was recorded on a Form 4 and reflects activity in his direct ownership position as CEO and Chairman.