4Filed Sep 13, 8:00 PM ET
Viant (DSP) 10% Owner Timothy Vanderhook Sells 8,636 Shares
$DSP · Viant Technology Inc.Research Summary
AI-generated summary of this SEC filing
Viant (DSP) 10% Owner Timothy Vanderhook Sells 8,636 Shares
What Happened
- Timothy Vanderhook, reported as a 10% owner of Viant Technology, had 8,636 shares disposed of to the issuer on September 10, 2026. The shares were repurchased at $12.74 each, totaling $110,023.
- This transaction was a disposition to the issuer to satisfy tax withholding obligations tied to the vesting of restricted stock units, not an open-market sale.
Key Details
- Transaction date and price: 2026-09-10 at $12.74 per share (total $110,023).
- Transaction type: Disposition to issuer (repurchase to cover taxes on RSU vesting).
- Footnote: The filing states these 8,636 shares represent shares repurchased by the issuer to cover estimated taxes from the vesting of 16,198 restricted stock units on September 10, 2026.
- Shares owned after transaction: not specified in the filing.
- Filing date: Form 4 filed on 2026-09-14 (transaction reported for period 2026-09-10).
Context
- This is a routine tax-withholding share repurchase following RSU vesting (a common administrative transaction) and does not necessarily indicate a trading view on the company.
- Vanderhook is a 10% owner, so this filing reflects insider reporting requirements under Section 16 rather than an open-market purchase or sale for investment purposes.