Viant Technology (DSP) COO tax-related sale of 9,125 shares disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viant Technology Inc. Chief Operating Officer Christopher Vanderhook reported an open-market sale of Class A Common Stock. He sold 9,125 shares at a price of $11.10 per share. After this transaction, he directly holds 293,880 shares of Viant Technology stock.
According to the footnote, the shares were sold in a transaction instituted by Viant on Vanderhook's behalf to cover estimated taxes related to the vesting and settlement of restricted stock units, indicating this was a tax-related, administrative sale rather than a discretionary portfolio move.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,125 shares ($101,288)
Net Sell
1 txn
Insider
Vanderhook Christopher
Role
Chief Operating Officer
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 — 293,880 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 9,125 shares
Sale price per share: $11.10 per share
Shares held after sale: 293,880 shares
+2 more
5 metrics
Shares sold
9,125 shares
Class A Common Stock sold in open-market transaction
Sale price per share
$11.10 per share
Price for Viant Technology Class A Common Stock
Shares held after sale
293,880 shares
Direct holdings following reported transaction
Sell transactions count
1 transaction
Net-sell activity in this Form 4
Net buy/sell shares
-9,125 shares
Net-sell direction in transactionSummary
Key Terms
Class A Common Stock, open-market sale, restricted stock units, ten percent owner, +1 more
5 terms
Class A Common Stock financial
"He sold 9,125 shares of Class A Common Stock at a price of $11.10 per share."
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.
restricted stock units financial
"cover estimated taxes associated with the 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.
ten percent owner financial
"is_ten_percent_owner": 1"
net-sell financial
"netBuySellDirection": "net-sell""
FAQ
What insider transaction did Viant Technology (DSP) report for Christopher Vanderhook?
Viant Technology reported that Chief Operating Officer Christopher Vanderhook sold 9,125 shares of Class A Common Stock at $11.10 per share. The company instituted this sale on his behalf to cover estimated taxes from vesting and settlement of restricted stock units.
What role does Christopher Vanderhook hold at Viant Technology (DSP) in this Form 4 filing?
In this Form 4, Christopher Vanderhook is identified as Chief Operating Officer, a director, and a ten percent owner of Viant Technology. These roles provide context for the reported tax-related sale of 9,125 shares of Class A Common Stock at $11.10 per share.