Vanderhook Timothy 4

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.