Vanderhook Christopher 4
4 · Viant Technology Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Viant (DSP) COO Christopher Vanderhook Sells Shares, Exercises/Converts Units
What Happened
- Christopher Vanderhook, COO of Viant Technology Inc. (DSP), reported conversions/exercises of derivative units and multiple open‑market sales. On 2026-02-17 he converted/exercised 12,500 Class B Units into Class A common stock (no cash consideration reported) and a related cancellation/redemption occurred. Separately, Vanderhook (pro rata through Capital V LLC) sold a total of 12,080 Class A shares in open‑market transactions: 4,079 shares at $9.26 (≈ $37,790) on 2026-02-17; 4,722 shares at $9.19 (≈ $43,373) on 2026-02-18; and 3,279 shares at $9.17 (≈ $30,074) on 2026-02-19 — total proceeds ≈ $111,237. The filing also reports a derivative-related disposition tied to the conversion/redemption process.
Key Details
- Transaction dates and prices: 2/17/2026 (conversion of 12,500 units; open‑market sale 4,079 @ $9.26), 2/18/2026 (sale 4,722 @ $9.19), 2/19/2026 (sale 3,279 @ $9.17).
- Total open‑market proceeds reported ≈ $111,237.
- The conversions involve Class B Units that are exchangeable one‑for‑one into Class A shares; certain Class B common stock shares were cancelled for no consideration in connection with a redemption by Capital V LLC (footnotes F1, F3).
- Several sales were effected pro rata on behalf of Capital V LLC under a 10b5‑1 plan adopted March 18, 2025 (amended Sept 17, 2025); Vanderhook holds a one‑third interest in Capital V LLC and may be deemed to have an indirect pecuniary interest in one‑third of its holdings (F2, F4).
- Reported prices include weighted averages based on larger block sales by Capital V LLC, with price ranges across tranches of $9.02–$9.56 (F5–F7); Vanderhook offers to provide breakdowns on request.
- Shares owned after the transactions were not specified in the provided data. The Form 4 was filed on 2026-02-19 for transactions beginning 2026-02-17 (filed within the typical Form 4 reporting window; not indicated as late).
Context
- The filing shows both a conversion/exchange of derivative units and routine open‑market sales (some made pursuant to a 10b5‑1 plan). The conversions/cancellations involved no cash proceeds; the cash received reflects only the open‑market sales. These are factual disclosures of insider activity and do not, by themselves, indicate the Reporting Person’s motivations.
Insider Transaction Report
Form 4
Vanderhook Christopher
DirectorChief Operating Officer10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-02-17+12,500→ 12,500 total(indirect: By LLC) - Disposition to Issuer
Class B Common Stock
[F3][F2]2026-02-17−12,500→ 9,132,275 total(indirect: By LLC) - Sale
Class A Common Stock
[F4][F5][F2]2026-02-17$9.26/sh−4,079$37,790→ 8,421 total(indirect: By LLC) - Sale
Class A Common Stock
[F4][F6][F2]2026-02-18$9.19/sh−4,722$43,373→ 3,699 total(indirect: By LLC) - Sale
Class A Common Stock
[F4][F7][F2]2026-02-19$9.17/sh−3,279$30,074→ 420 total(indirect: By LLC) - Exercise/Conversion
Class B Units
[F1][F2]2026-02-17−12,500→ 9,132,275 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 12,237 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $9.17 to $9.56. 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 14,167 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $9.03 to $9.39. 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 9,836 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $9.02 to $9.295. 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 Christopher Vanderhook|2026-02-19