VALDES MAX O 4
Research Summary
AI-generated summary
Viant (DSP) Director Max O. Valdes Sells Shares
What Happened
Max O. Valdes, a director of Viant Technology Inc. (DSP), sold a total of 6,686 shares in two open-market transactions. On 2026-06-08 he sold 3,300 shares at $12.10 each for $39,930, and on 2026-06-09 he sold 3,386 shares at a reported weighted-average price of $11.97 for $40,527. Combined proceeds were about $80,457. These were sales (not purchases) and are typically considered routine insider selling rather than a bullish signal.
Key Details
- Transaction dates and amounts:
- 2026-06-08: 3,300 shares sold @ $12.10 = $39,930
- 2026-06-09: 3,386 shares sold @ weighted avg $11.97 = $40,527
- Price range note: the June 9 sale was executed in multiple trades at prices ranging from $11.9456 to $12.01; $11.97 is the weighted average (filing offers to provide per-trade breakdown on request).
- Shares owned after transaction: the filing does not list a specific post-sale total; it states the reported beneficial ownership reflects a corrected restricted stock unit grant of 14,544 (see footnote).
- Footnotes of note:
- F1: Prior Form 4 (June 5) mistakenly reported 15,948 RSUs; the correct grant was 14,544 and the current filing reflects the corrected total.
- F2: Weighted-average pricing and per-trade price range disclosure for the June 9 sales; issuer or SEC staff can request full per-price details.
- Filing timeliness: Form 4 was filed on 2026-06-10 covering trades on 2026-06-08 and 2026-06-09; the filing appears to have been made within the usual two-business-day window.
Context
These transactions are open-market sales by a company director. Sales by insiders can be for many reasons (cash needs, diversification, routine trading) and do not by themselves indicate the director’s view of company prospects. The filing’s primary notable item is the administrative correction to an earlier RSU grant count; no 10b5-1 plan, options exercise, gift, or tax-withholding disposition was disclosed in this Form 4.