MADDEN LARRY 4
4 · Viant Technology Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Viant (DSP) CFO Larry Madden Sells 25,376 Shares
What Happened
Larry Madden, Chief Financial Officer of Viant Technology Inc. (DSP), sold 25,376 shares on June 15, 2026, at $11.10 per share, for proceeds of approximately $281,674. This was a sale (not a purchase) and was instituted by the company to cover estimated taxes tied to the vesting and settlement of restricted stock units — a routine "sell-to-cover" tax withholding.
Key Details
- Transaction date: 2026-06-15
- Type: Sale (S) — issuer-arranged "sell-to-cover" to satisfy tax withholding related to RSU vesting (see footnote F1)
- Price per share: $11.10; Total proceeds: ~$281,674
- Shares owned after the transaction: not disclosed in the provided filing
- Filing date / timeliness: Report filed on 2026-06-15 (no late filing indicated)
- Footnote: F1 states shares were sold by the issuer on the reporting person’s behalf to cover estimated taxes from RSU vesting
Context
Sell-to-cover transactions are common when restricted stock units vest and do not necessarily signal a view on the company’s prospects. Purchases by insiders tend to be more informative about bullish sentiment; this transaction appears to be a routine tax-related sale rather than a discretionary sale for other purposes.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-06-15$11.10/sh−25,376$281,674→ 459,155 total
Footnotes (1)
- [F1]Shares were sold in a transaction instituted by the Issuer on the Reporting Person's behalf to cover estimated taxes associated with the vesting and settlement of restricted stock units.