Capital V LLC 4
4 · Viant Technology Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Viant (DSP) 10% Owner Capital V LLC Sells Shares
What Happened
- Capital V LLC (a 10% owner) converted/exchanged 37,500 Class B units into Class A common stock (no cash paid) and had the corresponding Class B common stock cancelled. The reporting person then sold a total of 37,500 Class A shares in open-market transactions across May 19–21, 2026, generating approximately $403,156 in proceeds.
- Sales breakdown: 15,000 shares on 2026-05-19 at a weighted avg $10.89 ($163,308); 15,000 shares on 2026-05-20 at a weighted avg $10.60 ($158,934); 7,500 shares on 2026-05-21 at a weighted avg $10.79 ($80,914). The conversion/exchange entries are reported at $0.00 because they reflect unit-for-share exchanges and a cancellation, not a cash purchase.
Key Details
- Transaction dates and prices:
- 2026-05-19: conversion/exercise of 37,500 units (reported $0.00); sale of 15,000 shares @ weighted avg $10.89 (F4; price range $10.565–$11.20)
- 2026-05-20: sale of 15,000 shares @ weighted avg $10.60 (F5; price range $10.31–$10.96)
- 2026-05-21: sale of 7,500 shares @ weighted avg $10.79 (F6; price range $10.53–$11.04)
- Total open-market sale proceeds: approximately $403,156.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1/F2: Class B Units are exchangeable one-for-one into Class A common stock; corresponding Class B common stock was cancelled for no consideration.
- F3: Sales were made pursuant to a 10b5-1 plan adopted March 18, 2025 (amended Sept 17, 2025).
- F4–F6: Reported prices are weighted averages; ranges provided for individual trade prices.
- Filing timeliness: The Form 4 was filed May 21, 2026 for transactions dated May 19–21, 2026 (filed within the typical 2-business-day window).
Context
- This report reflects an institutional/10% owner transaction rather than trading by an individual executive. The conversion of Class B Units into Class A shares at $0.00 reflects a structural exchange/cancellation (not a cash exercise), followed by sales executed under a pre-existing 10b5-1 plan. Sales are typically considered routine for large holders and do not by themselves indicate management sentiment.
Insider Transaction Report
Form 4
Capital V LLC
10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-05-19+37,500→ 37,500 total - Disposition to Issuer
Class B Common Stock
[F2]2026-05-19−37,500→ 27,284,326 total - Sale
Class A Common Stock
[F3][F4]2026-05-19$10.89/sh−15,000$163,308→ 22,500 total - Sale
Class A Common Stock
[F3][F5]2026-05-20$10.60/sh−15,000$158,934→ 7,500 total - Sale
Class A Common Stock
[F3][F6]2026-05-21$10.79/sh−7,500$80,914→ 0 total - Exercise/Conversion
Class B Units
[F1]2026-05-19−37,500→ 27,284,326 total→ Class A Common Stock (37,500 underlying)
Footnotes (6)
- [F1]The Class B Units of Viant Technology LLC ("Class B Units") are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A common stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B common stock will be automatically cancelled.
- [F2]Reflects the cancellation for no consideration of a number of shares of Class B common stock of the Issuer in connection with the redemption by the Reporting Person of an equal number of Class B Units for Class A common stock.
- [F3]Shares sold pursuant to a 10b5-1 plan adopted by Capital V LLC on March 18, 2025, as amended on September 17, 2025.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.565 to $11.20. 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.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.31 to $10.96. 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.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.53 to $11.04. 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.
Signature
/s/ David Sincich, Attorney-in-Fact for Capital V LLC|2026-05-21