Capital V LLC trims Viant Technology (DSP) stake with 36,240-share sale, unit conversion

Rhea-AI Filing Summary

Capital V LLC, a 10% owner of Viant Technology Inc., reported a mix of sales and conversions involving Class A and Class B interests. On February 17–19, 2026, it sold an aggregate of 36,240 shares of Class A common stock in open-market transactions at weighted average prices in the $9.02–$9.56 range, under a pre-established Rule 10b5-1 trading plan. Capital V also exercised 37,500 Class B Units of Viant Technology LLC for 37,500 shares of Class A common stock, and a corresponding 37,500 shares of Class B common stock were cancelled in a disposition to the issuer in connection with that redemption.

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

X

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^*

Capital V LLC

(Last) (First) (Middle)

C/O VIANT TECHNOLOGY INC.

2722 MICHELSON DRIVE, SUITE 100

(Street)

IRVINE CA 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)

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

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/17/2026		M(1)		37,500	A	$0(1)	37,500	D
Class B Common Stock	02/17/2026		D(2)		37,500	D	$0(2)	27,396,826	D
Class A Common Stock	02/17/2026		S(3)		12,237	D	$9.2645(4)	25,263	D
Class A Common Stock	02/18/2026		S(3)		14,167	D	$9.1853(5)	11,096	D
Class A Common Stock	02/19/2026		S(3)		9,836	D	$9.1718(6)	1,260	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Units	(1)	02/17/2026		M			37,500	(1)	(1)	Class A Common Stock	37,500	$0	27,396,826	D

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. 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 the Reporting Person of an equal number of Class B Units for Class A common stock.

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

4. The price reported in Column 4 is a weighted average price. 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.

5. The price reported in Column 4 is a weighted average price. 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.

6. The price reported in Column 4 is a weighted average price. 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 Capital V LLC	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.
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FAQ

What insider activity did Capital V LLC report in Viant Technology (DSP) shares?

Capital V LLC reported selling 36,240 shares of Viant Technology Class A common stock and converting 37,500 Class B Units into 37,500 Class A shares. The filing also shows a related cancellation of 37,500 Class B common shares in a disposition to the issuer.

Over what dates did Capital V LLC trade Viant Technology (DSP) stock?

Capital V LLC’s reported transactions occurred on February 17, 18, and 19, 2026. These dates cover its Class B Unit exercise and related share cancellation, as well as multiple open-market sales of Class A common stock executed under a pre-arranged 10b5-1 trading plan.

How many Viant Technology (DSP) shares did Capital V LLC sell and at what prices?

Capital V LLC sold 36,240 shares of Viant Technology Class A common stock in open-market trades. Weighted average prices were reported within ranges of $9.02–$9.295, $9.03–$9.39, and $9.17–$9.56, with detailed price breakdowns available on request from the reporting person.

What is the relationship between Viant Technology Class B Units and Class A common stock?

Each Class B Unit of Viant Technology LLC is exchangeable, at the holder’s option, on a one-for-one basis into a share of Viant Technology Class A common stock. When a Class B Unit is exchanged, the corresponding share of Class B common stock is automatically cancelled according to the filing.

Was Capital V LLC’s sale of Viant Technology (DSP) shares under a 10b5-1 plan?

Yes. The filing states that the shares sold were pursuant to a Rule 10b5-1 trading plan adopted by Capital V LLC on March 18, 2025 and amended on September 17, 2025. Such plans pre-schedule trades according to predetermined instructions.

How did the Class B common stock balance change for Capital V LLC at Viant Technology (DSP)?

Capital V LLC redeemed 37,500 Class B Units for an equal number of Class A shares, and an equal 37,500 shares of Class B common stock were cancelled. After this disposition to the issuer, 27,396,826 shares of Class B common stock remained directly owned, according to the reported totals.