Yang Vivian 4
Research Summary
AI-generated summary
Viant (DSP) Director Vivian Yang Receives 15,948-Share RSU Award
What Happened
- Vivian Yang, a director of Viant Technology Inc. (DSP), received an award of 15,948 restricted stock units (RSUs) on 2026-06-04. The grant was recorded at $0.00 per unit (standard for RSU awards); each RSU represents the right to one share of Class A common stock upon vesting. This is a compensation award (not a cash purchase or sale).
Key Details
- Transaction date: 2026-06-04 (reported on Form 4 filed 2026-06-05). Transaction code: A (award/grant).
- Units granted: 15,948 RSUs; acquisition price reported as $0.00.
- Shares owned after transaction: Not specified in the filing.
- Vesting terms (footnote): 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 non-re-election), or (ii) the one-year anniversary of the grant, subject to continuous service through the vesting date.
- Filing timeliness: Report appears timely (filed the day after the grant).
Context
- RSUs are a form of equity compensation that convert to actual shares only upon vesting; they do not represent immediately tradable shares. Such awards are common for directors and employees and reflect compensation mix rather than a direct buy/sell signal. The economic value will depend on Viant’s share price at vesting.