Viant Technology Inc.·4

Mar 19, 8:18 PM ET

Vanderhook Christopher 4

Research Summary

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Viant (DSP) COO Christopher Vanderhook Sells Shares & Exercises Units

What Happened

  • Christopher Vanderhook, COO of Viant Technology Inc. (DSP), converted exchangeable Class B units into Class A common stock (reported as “exercise/conversion of derivative”) and sold shares in open-market transactions. He had conversions/cancellations of 12,500 shares (no cash paid) and disposed of 12,920 Class A shares in market trades across March 17–19, 2026, generating approximately $152,328 in gross proceeds from the reported open-market sales.
  • These transactions are primarily sales (routine liquidity) after conversion of exchangeable units; the conversion was reported at $0.00 per share (no exercise price).

Key Details

  • Transaction dates & sale prices:
    • 2026-03-17: 5,000 shares sold @ $11.80 — $58,980
    • 2026-03-18: 5,000 shares sold @ $12.00 — $59,993
    • 2026-03-19: 2,920 shares sold @ $11.42 — $33,355
    • 2026-03-17: 12,500 shares acquired via conversion of Class B Units @ $0.00; 12,500 shares later disposed to the issuer (cancellation/redemption) per footnotes.
  • Total reported proceeds from the open-market sales ≈ $152,328.
  • Shares owned after the transactions: not specified in the filing.
  • Notable footnotes:
    • F1/F3: Class B Units are exchangeable 1-for-1 into Class A common stock; some Class B common stock was canceled in connection with redemption.
    • F2: Vanderhook has a one‑third indirect interest in Capital V LLC and may be deemed to have an indirect pecuniary interest in one‑third of its holdings.
    • F4-F7: Portions of the sales were executed on behalf of Capital V LLC under a 10b5-1 plan; reported prices for some lots are weighted averages of multiple trades (ranges provided in the footnotes).
  • Filing: Report filed March 19, 2026, covering transactions from March 17–19, 2026. The filing does not indicate a late filing.

Context

  • The derivative activity reflects conversion/exchange of Class B Units into Class A shares (M = exercise/conversion). The conversion price reported was $0.00, and some converted shares were cancelled to the issuer (redemption), per footnotes.
  • Some of the sold shares represent Vanderhook’s pro rata portion of larger dispositions by Capital V LLC executed under a 10b5‑1 plan; that means the trades may have been pre‑planned and not discretionary at the time of sale.
  • These are sales (liquidity/portfolio management) rather than purchases; sales are common and do not by themselves signal management views on company prospects.