MADDEN LARRY 4
4 · Viant Technology Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Viant (DSP) CFO Larry Madden Sells Shares
What Happened
Larry Madden, Chief Financial Officer of Viant Technology Inc. (DSP), sold a total of 17,541 shares in two open‑market transactions on April 1–2, 2026. He disposed of 7,410 shares on April 1 at a weighted average price reported as $11.27 (proceeds reported $83,537) and 10,131 shares on April 2 at a weighted average price reported as $10.94 (proceeds reported $110,881), for total proceeds of about $194,418. These were sales (not purchases) and therefore generally routine dispositions rather than a bullish signal.
Key Details
- Transaction dates & prices:
- 2026-04-01: Sold 7,410 shares; weighted average price $11.27; proceeds $83,537 (prices in range $11.165–$11.44). (Footnote F2)
- 2026-04-02: Sold 10,131 shares; weighted average price $10.94; proceeds $110,881 (prices in range $10.63–$11.12). (Footnote F3)
- Total shares sold: 17,541; total reported proceeds: ~$194,418.
- Sales were made pursuant to a 10b5‑1 trading plan adopted by Madden on December 15, 2025 (Footnote F1), meaning trades were prearranged.
- The filer notes they can provide per‑price sale breakdowns on request (per F2/F3).
- Shares owned after the transactions are not specified in the provided filing excerpt.
- Filing date: April 3, 2026 — the Form 4 was filed shortly after the trades; no late‑filing indication is shown in the provided data.
Context
Sales executed under a 10b5‑1 plan are preplanned dispositions and are common for insiders managing diversification or liquidity; they do not necessarily reflect a change in the insider’s view of the company. For retail investors, purchases are generally more informative about insider confidence than routine, prearranged sales.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-04-01$11.27/sh−7,410$83,537→ 610,455 total - Sale
Class A Common Stock
[F1][F3]2026-04-02$10.94/sh−10,131$110,881→ 600,324 total
Footnotes (3)
- [F1]Shares sold pursuant to a 10b5-1 plan adopted by the Reporting Person on December 15, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.165 to $11.44. 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.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.63 to $11.12. 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.