Viant Technology (DSP) director granted 15,948 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viant Technology Inc. director Max O. Valdes received a grant of 15,948 shares of Class A common stock in the form of restricted stock units. These units were granted at no cash cost and increase his directly held shares to 37,539 after the transaction.
The restricted stock units vest in full on the earlier of the company’s 2027 Annual Meeting of Stockholders (or immediately before that meeting if his board service ends then) or one year from the grant date, subject to his continuous service. Each unit converts into one share of Class A common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
VALDES MAX O
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 15,948 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 37,539 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 15,948 shares
Shares after transaction: 37,539 shares
Grant price: $0.0000 per share
3 metrics
RSUs granted
15,948 shares
Restricted stock unit grant to director on reported date
Shares after transaction
37,539 shares
Total Class A common stock held directly after grant
Grant price
$0.0000 per share
Indicates stock-based compensation, not a market purchase
Key Terms
restricted stock units, Class A common stock, Annual Meeting of Stockholders, continuous service
4 terms
restricted stock units financial
"Grant of restricted stock units that vest in full on the earlier of"
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.
Class A common stock financial
"Each restricted stock unit represents the right to receive one share of the Issuer's 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.
Annual Meeting of Stockholders financial
"the date of the Issuer's 2027 Annual Meeting of Stockholders"
continuous service financial
"subject to the Reporting Person's continuous service through such vesting date"
FAQ
What did Viant Technology (DSP) director Max O. Valdes report on this Form 4?
Director Max O. Valdes reported receiving 15,948 restricted stock units of Viant Technology Class A common stock. The grant was a compensation award at no cash cost, increasing his direct holdings to 37,539 shares after the transaction.
When do the restricted stock units granted to Viant Technology director Valdes vest?
The restricted stock units vest in full on the earlier of Viant’s 2027 Annual Meeting of Stockholders or one year from the grant date. Vesting is conditioned on Valdes’ continuous service with the company through the vesting date.
Does Max O. Valdes pay cash for the Viant Technology restricted stock unit grant?
No cash is paid by Max O. Valdes for this grant. The Form 4 shows a price per share of $0.0000, indicating the 15,948 restricted stock units are a compensation award rather than an open-market stock purchase.
What does each restricted stock unit represent in the Viant Technology Form 4?
Each restricted stock unit represents the right to receive one share of Viant Technology Class A common stock. Once the vesting conditions are met, the units convert into an equivalent number of common shares for the director.