Viant Insider Sale: CFO Larry Madden Sells 13,006 Shares at $9.73
Rhea-AI Filing Summary
Larry Madden, Chief Financial Officer of Viant Technology Inc. (DSP), reported a sale of Class A common stock on 09/15/2025. The filing shows 13,006 shares were sold at $9.7274 per share to cover withholding taxes tied to the vesting and settlement of restricted stock units. After the transaction, the reporting person beneficially owned 423,255 shares. The Form 4 is a routine insider disclosure indicating a tax-withholding sale rather than an open-market divestiture.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine tax-withholding sale of 13,006 shares; not indicative of a change in control or strategy.
The Form 4 discloses a single non-derivative sale of 13,006 Class A shares at $9.7274 per share on 09/15/2025, executed to satisfy tax withholding for vested restricted stock units. The reporting person remains a significant shareholder with 423,255 shares post-transaction. This type of sale is commonly administrative and does not, by itself, signal operational or financial shifts at the issuer.
TL;DR: Administrative disposition for tax purposes; disclosure meets Section 16 requirements.
The filing identifies Larry Madden (CFO) as the reporting person and records an issuer-instigated sale to cover withholding taxes tied to equity compensation. The explanation explicitly states the sale was to satisfy tax obligations from RSU vesting. The transaction is transparently reported and appears compliant with Section 16 reporting rules; there is no additional information suggesting governance concerns.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 13,006 | $9.7274 | $127K |
Footnotes (1)
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