Vanderhook Timothy 4
4 · Viant Technology Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Viant (DSP) 10% Owner Timothy Vanderhook Sells Shares After Conversion
What Happened Timothy Vanderhook, reported as a 10% owner of Viant Technology (DSP), converted/exercised Class B units into Class A common stock and then sold a pro rata portion of shares held by Capital V LLC. Vanderhook’s open-market sales totaled 12,500 Class A shares for aggregate proceeds of approximately $138,711 (5,000 shares @ $11.17 = $55,857; 5,000 shares @ $11.09 = $55,442; 2,500 shares @ $10.96 = $27,412). The filing also shows conversion/exchange activity on June 16 involving 12,500 shares (reported at $0), and cancellation of certain Class B common shares in connection with a redemption.
Key Details
- Transaction dates: June 16–18, 2026; Form 4 filed June 18, 2026.
- Open-market sales: 5,000 shares @ $11.17 (6/16), 5,000 shares @ $11.09 (6/17), 2,500 shares @ $10.96 (6/18) — total proceeds ≈ $138,711.
- Conversion/exercise entries (6/16): 12,500 shares acquired at $0 (Class B units exchanged into Class A); a corresponding 12,500 shares of Class B common stock were cancelled for no consideration per the filing.
- Sales were a pro rata portion of Capital V LLC’s transactions and were executed pursuant to a 10b5-1 plan adopted by Capital V LLC (footnote).
- Weighted-average pricing and per-trade price ranges are noted in the filing footnotes; the reporting person can provide detailed breakdowns on request (see F5–F7).
- Shares owned after the transactions: Not stated in this filing.
- Filing timeliness: Filed two days after the initial trade date (not marked late).
Context
- Derivative/exchange explanation: The filing shows exchange/conversion of Class B Units (exchangeable one-for-one into Class A common stock). Some Class B common stock was cancelled in connection with a redemption—these actions are administrative and reported at $0 per share.
- Sales context: The open-market sales represent the reporting person’s pro rata share of Capital V LLC’s sales made under a 10b5-1 plan, which is an automated trading arrangement rather than an ad hoc insider sale.
- For retail investors: This was primarily a sale by a major (10%) holder tied to an entity-level redemption and scheduled 10b5-1 plan sales; it’s factual reporting of disposition, not an explicit statement of the insider’s view on the company’s prospects.
Insider Transaction Report
Form 4
Vanderhook Timothy
DirectorCEO and Chairman10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-06-16+12,500→ 12,500 total(indirect: By LLC) - Disposition to Issuer
Class B Common Stock
[F3][F2]2026-06-16−12,500→ 9,082,275 total(indirect: By LLC) - Sale
Class A Common Stock
[F4][F5][F2]2026-06-16$11.17/sh−5,000$55,857→ 7,500 total(indirect: By LLC) - Sale
Class A Common Stock
[F4][F6][F2]2026-06-17$11.09/sh−5,000$55,442→ 2,500 total(indirect: By LLC) - Sale
Class A Common Stock
[F4][F7][F2]2026-06-18$10.96/sh−2,500$27,412→ 0 total(indirect: By LLC) - Exercise/Conversion
Class B Units
[F1][F2]2026-06-16−12,500→ 9,082,275 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 15,000 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $10.77 to $11.43. 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 15,000 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $10.91 to $11.50. 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 7,500 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $10.665 to $11.23. 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|2026-06-18