Vanderhook Timothy 4
Research Summary
AI-generated summary
Viant (DSP) 10% Owner Timothy Vanderhook Sells 44,177 Shares
What Happened
Timothy Vanderhook, a reported 10% owner of Viant Technology Inc. (DSP), had 44,177 shares repurchased by the company on March 10, 2026 at $10.50 per share, for a total of $463,859. This disposition was a tax-withholding repurchase tied to the vesting of 82,866 restricted stock units (RSUs) on the same date.
Key Details
- Transaction date: March 10, 2026; Filing date (Form 4): March 12, 2026 (filed within the typical 2-business-day window).
- Transaction type/code: Disposition to issuer (D) — shares repurchased by the company for tax withholding.
- Shares repurchased: 44,177 at $10.50 per share, total value $463,859.
- Related event: Vesting of 82,866 RSUs; repurchase represents estimated taxes withheld (footnote F1).
- Shares owned after transaction: not specified in the provided data.
- No indication this was an open-market sale; it was an issuer repurchase to satisfy tax withholding.
Context
This was a routine tax-withholding action (cashless withholding) following RSU vesting, not an open-market sale that necessarily signals a change in the insider’s view of the company. As a 10% owner, Vanderhook’s holdings are material and subject to Section 16 reporting, so such withholding transactions are commonly reported on Form 4.