4Filed Jul 22, 8:00 PM ET
Viant (DSP) COO Christopher Vanderhook Sells 12,500 Shares
$DSP · Viant Technology Inc.Research Summary
AI-generated summary of this SEC filing
Viant (DSP) COO Christopher Vanderhook Sells 12,500 Shares
What Happened
- Christopher Vanderhook, Chief Operating Officer of Viant Technology (DSP), converted/exercised 12,500 Class B units into Class A common stock (no cash consideration) and then sold those 12,500 shares in open-market transactions across July 21–23, 2026. The disposals were executed in three tranches (3,196 @ $11.70; 5,000 @ $11.03; 4,304 @ $10.47) for total proceeds of approximately $137,645. The conversion/exercise and related cancellation of Class B common stock are reported separately as non-cash derivative transactions.
Key Details
- Transaction dates and prices:
- 2026-07-21: Exercise/conversion of 12,500 Class B units into Class A shares @ $0.00 (acquired).
- 2026-07-21: Cancellation/disposition to issuer of 12,500 Class B shares @ $0.00 (related corporate action).
- 2026-07-21: Open-market sale of 3,196 shares @ $11.70 = $37,407.
- 2026-07-22: Open-market sale of 5,000 shares @ $11.03 = $55,173.
- 2026-07-23: Open-market sale of 4,304 shares @ $10.47 = $45,065.
- Net sold: 12,500 shares for ~ $137,645.
- Sales were made on behalf of Capital V LLC under a 10b5-1 plan (adopted Mar 18, 2025; amended Sep 17, 2025). Reporting person has an indirect one‑third interest in Capital V LLC (F2).
- Some reported prices are weighted averages reflecting pro rata portions of larger blocks sold by Capital V LLC (see F5–F7); the filer offers to provide a breakdown by price on request.
- Filing status: Reported on July 23, 2026 for transactions beginning July 21, 2026 — filed within the standard two-business-day window (timely).
- Shares owned after the transactions: not specified in the information provided in this summary.
Context
- The Class B Units of Viant Technology LLC are exchangeable one-for-one into the issuer’s Class A common stock; the filing shows conversion/exercise at no cash cost and subsequent sales, effectively converting and liquidating those units. The sales were executed under a pre-established 10b5-1 plan by Capital V LLC, indicating pre-arranged sales rather than ad-hoc insider selling. As always, sales pursuant to 10b5-1 plans and conversions are routine corporate/owner liquidity actions and should not be interpreted alone as a signal of management sentiment.