Vanderhook Christopher 4
Research Summary
AI-generated summary
Viant (DSP) COO Christopher Vanderhook Sells 12,500 Shares
What Happened
- Christopher Vanderhook, COO of Viant Technology Inc. (DSP), recorded a series of transactions in mid‑June 2026. He sold 12,500 shares of Class A common stock in open‑market trades (total proceeds ≈ $138,711). Separately, 12,500 shares were converted/exchanged from Class B units and cancelled for no consideration in connection with Capital V LLC transactions reported on the Form 4.
Key Details
- Open‑market sales (reported as S):
- 2026‑06‑16: 5,000 shares at $11.17 — $55,857 (weighted avg; see F5)
- 2026‑06‑17: 5,000 shares at $11.09 — $55,442 (weighted avg; see F6)
- 2026‑06‑18: 2,500 shares at $10.96 — $27,412 (weighted avg; see F7)
- Total open‑market proceeds ≈ $138,711
- Derivative/Conversion transactions (reported as M/D):
- 2026‑06‑16: 12,500 shares acquired via exercise/conversion of Class B Units (one‑for‑one exchange into Class A), then 12,500 shares disposed to the issuer and cancelled for no consideration (see F1, F3).
- Sales were made pursuant to a 10b5‑1 plan adopted by Capital V LLC (F4); the reported prices are pro rata weighted averages of multiple sales (F5–F7).
- Reporting relationship: Vanderhook holds a one‑third interest in Capital V LLC and may be deemed to have an indirect pecuniary interest in one‑third of Capital V’s holdings (F2).
- Shares owned after the transactions: not provided in the filing.
- Filing: Form 4 filed 2026‑06‑18 reporting transactions on 6/16–6/18 (no late‑filing flag shown in the filing).
Context
- The conversion/exercise activity reflects exchange of Class B Units into Class A shares and subsequent cancellation — not a typical open‑market purchase or sale signal. The open‑market sales were executed under a 10b5‑1 plan through Capital V LLC, indicating scheduled disposition rather than an opportunistic trade. As always, these transactions are factual disclosures and do not by themselves indicate insider sentiment.