Vanderhook Timothy 4
Research Summary
AI-generated summary
Viant (DSP) 10% Owner Timothy Vanderhook Sells Shares
What Happened
Timothy Vanderhook, reported as a 10% owner of Viant Technology Inc. (DSP), sold 9,125 shares on June 15, 2026. The shares were disposed at $11.10 each for a total of roughly $101,288. This was a sale (not a buy) and was reported as a transaction to cover tax obligations tied to vesting restricted stock units.
Key Details
- Transaction date: 2026-06-15; Price: $11.10 per share; Shares sold: 9,125; Total proceeds: ~$101,288.
- Transaction type/code: Sale (S) — reported as open market or private sale.
- Shares owned after the transaction: Not specified in this Form 4 filing.
- Footnote: F1 — shares were sold by the issuer on the reporting person's behalf to cover estimated taxes associated with the vesting and settlement of RSUs (tax-withholding sale).
- Filing timeliness: Reported on 2026-06-15 (same-day filing), so timely.
Context
Tax-withholding sales following RSU vesting are routine and often do not signal a change in the insider’s view of the company. Purchases tend to be more informative for bullish signals; this sale appears to be a withholding action rather than a discretionary trade.