Vanderhook Timothy 4
4 · Viant Technology Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Viant (DSP) 10% Owner Timothy Vanderhook Sells Shares
What Happened
- Timothy Vanderhook, reported as a 10% owner, sold a total of 12,080 shares of Viant Technology Inc. (DSP) in open-market transactions between Feb 17–19, 2026, generating roughly $111,237 in proceeds (sales at $9.26, $9.19 and $9.17).
- On Feb 17, Vanderhook also engaged in conversion/exercise activity involving 12,500 Class B Units/Class B common shares that were exchanged into Class A common stock and then cancelled for no consideration per the filing (derivative conversion and cancellation).
Key Details
- Transaction dates and reported prices:
- Feb 17, 2026: Sold 4,079 shares @ $9.26 — $37,790 (open-market)
- Feb 18, 2026: Sold 4,722 shares @ $9.19 — $43,373 (open-market)
- Feb 19, 2026: Sold 3,279 shares @ $9.17 — $30,074 (open-market)
- Feb 17, 2026: Conversion/exercise of 12,500 Class B Units → Class A (reported $0 consideration) and cancellation of corresponding Class B common stock.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Notable footnotes:
- F1/F3: Class B Units are exchangeable 1-for-1 into Class A common; cancellation of Class B common stock reported as occurring for no consideration.
- F2: Vanderhook holds a one‑third interest in Capital V LLC and may be deemed to have an indirect pecuniary interest in one-third of that LLC’s holdings.
- F4: Some shares were sold pursuant to a 10b5‑1 plan adopted by Capital V LLC (March 18, 2025; amended Sept 17, 2025).
- F5–F7: Reported prices for some sale blocks are weighted averages reflecting multiple trades at price ranges; detailed per-trade breakdown is available on request.
- Filing timeliness: Filed Feb 19, 2026 for transactions reported Feb 17–19, 2026 (no late filing indicated).
Context
- The filing shows conversion of Class B Units into Class A shares and subsequent market sales — functionally similar to a cashless conversion and sale of the resulting shares. The conversion/cancellation entries were reported as occurring with no cash consideration.
- As a reported 10% owner acting in part through Capital V LLC and using a 10b5‑1 plan, these trades likely reflect planned/institutional selling rather than ad‑hoc insider purchases. This is factual reporting only and does not imply motivation.
Insider Transaction Report
Form 4
Vanderhook Timothy
DirectorCEO and Chairman10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-02-17+12,500→ 12,500 total(indirect: By LLC) - Disposition to Issuer
Class B Common Stock
[F3][F2]2026-02-17−12,500→ 9,132,275 total(indirect: By LLC) - Sale
Class A Common Stock
[F4][F5][F2]2026-02-17$9.26/sh−4,079$37,790→ 8,421 total(indirect: By LLC) - Sale
Class A Common Stock
[F4][F6][F2]2026-02-18$9.19/sh−4,722$43,373→ 3,699 total(indirect: By LLC) - Sale
Class A Common Stock
[F4][F7][F2]2026-02-19$9.17/sh−3,279$30,074→ 420 total(indirect: By LLC) - Exercise/Conversion
Class B Units
[F1][F2]2026-02-17−12,500→ 9,132,275 total(indirect: By LLC)→ Class A Common Stock (12,500 underlying)
Footnotes (7)
- [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]The Reporting Person holds a one-third interest in Capital V LLC and may therefore be deemed to have an indirect pecuniary interest in one-third of Capital V LLC's total holdings.
- [F3]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 Capital V LLC of an equal number of Class B Units for Class A common stock.
- [F4]Shares sold pursuant to a 10b5-1 plan adopted by Capital V LLC on March 18, 2025, as amended on September 17, 2025.
- [F5]The price reported in Column 4 is a weighted average price, based on the Reporting Person's pro rata portion of a total of 12,237 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $9.17 to $9.56. 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, based on the Reporting Person's pro rata portion of a total of 14,167 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $9.03 to $9.39. 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.
- [F7]The price reported in Column 4 is a weighted average price, based on the Reporting Person's pro rata portion of a total of 9,836 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $9.02 to $9.295. 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/ Larry Madden, Attorney-in-Fact for Timothy Vanderhook|2026-02-19