Wilson Brett 4/A
Research Summary
AI-generated summary
Viant (DSP) Director Brett Wilson Receives RSU Award
What Happened
Brett Wilson, a director of Viant Technology Inc. (DSP), received a grant of 14,544 restricted stock units (RSUs) on June 4, 2026. The RSUs were granted at $0.00 per unit (typical for equity awards); each RSU represents the right to one share of Class A common stock and has no immediate cash value. This Form 4 is an amendment correcting the originally reported grant amount (originally reported as 15,948 RSUs).
Key Details
- Transaction date: 2026-06-04; grant price reported as $0.00 per RSU.
- Shares granted: 14,544 RSUs (each RSU = one share upon vesting).
- Filing: Amended Form 4 filed 2026-06-10 to correct the RSU count (originally misstated as 15,948).
- Vesting: RSUs vest in full on the earlier of (i) the issuer’s 2027 Annual Meeting of Stockholders (or immediately prior if the director’s service ends due to not being re-elected), or (ii) the one-year anniversary of the grant, subject to continuous service.
- Shares owned after transaction: not specified in the filing.
- No sale or purchase of shares occurred—this is a compensation award, not a market transaction.
Context
RSU grants are a form of compensation and do not represent an immediate purchase or sale; they convert into shares later if vesting conditions are met. Awards can dilute existing shareholders over time when they settle into shares. The amendment simply corrects the number of RSUs granted and does not change the nature or terms of the award.