Vanderhook Timothy 4
Research Summary
AI-generated summary
Viant (DSP) 10% Owner Timothy Vanderhook Gifts and Receives 416,768 Shares
What Happened
Timothy Vanderhook, a reported 10% owner of Viant Technology Inc. (DSP), recorded multiple gift (G) and grant/award (A) transactions on 2026-06-09. The filings show a total of 416,768 shares acquired through grants/awards and 416,768 shares disposed as gifts, all at $0.00 per share (total reported value $0). Half of these transactions involved direct equity and half involved derivative interests, producing no net economic change in his reported holdings from the transactions themselves.
Key Details
- Transaction date: 2026-06-09; Form 4 filed 2026-06-10 (timely filing).
- Total acquired (A): 416,768 shares at $0.00 (aggregate $0).
- Total disposed (G): 416,768 shares at $0.00 (aggregate $0).
- Split: 208,384 shares acquisitions and 208,384 shares dispositions reported as direct; the same amounts reported as derivative transactions.
- Shares owned after transaction: not specified in the excerpt of the filing provided. Check the full Form 4 for post-transaction beneficial ownership totals.
- Notable footnotes:
- F1: Annuity payments by the grantor retained annuity trusts (GRATs) to the reporting person are exempt from reporting under Rule 16a-13.
- F2–F5: Securities are held by named 2024 grantor retained annuity trusts (Eve, Gray, Kingston, Stella Vanderhook).
- F6: Vanderhook holds a one-third interest in Capital V LLC and may have an indirect pecuniary interest in one-third of that entity’s holdings.
- F7: Class B units of Viant Technology LLC are exchangeable one-for-one into the issuer’s Class A common stock; on exchange the corresponding Class B common stock is cancelled.
Context
- Gifts and awards at $0.00 generally reflect transfers for estate/planning, family trusts, or similar non-market actions and do not necessarily indicate buy/sell sentiment.
- As a 10% owner, Vanderhook’s filings can reflect ownership-structure moves (trusts, unit exchanges) rather than routine executive trading.
- The derivative entries reflect exchangeable units (see F7); these are not options being exercised for cash proceeds.