Viant Technology Inc.·4

Jun 18, 7:08 PM ET

Capital V LLC 4

Research Summary

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Viant (DSP) 10% Owner Capital V LLC Sells Shares

What Happened
Capital V LLC, a 10% owner of Viant Technology, exchanged 37,500 Class B Units for Class A common stock on June 16, 2026 and then sold 37,500 Class A shares in open-market transactions across June 16–18, 2026 for aggregate proceeds of approximately $416,132. The exchange/conversion and related cancellation were reported at $0 per share (see footnotes), and the sales were executed under a 10b5-1 trading plan.

Key Details

  • Transaction dates and amounts:
    • Jun 16, 2026: Converted/exchanged 37,500 Class B Units into 37,500 Class A shares (reported at $0).
    • Jun 16, 2026: Sold 15,000 shares, weighted avg $11.17, proceeds $167,571 (prices ranged $10.77–$11.43). (F4)
    • Jun 17, 2026: Sold 15,000 shares, weighted avg $11.09, proceeds $166,326 (prices ranged $10.91–$11.50). (F5)
    • Jun 18, 2026: Sold 7,500 shares, weighted avg $10.96, proceeds $82,235 (prices ranged $10.665–$11.23). (F6)
    • Total open-market shares sold: 37,500; total proceeds ≈ $416,132.
  • Post-transaction holdings: Not disclosed in the provided excerpt of the filing — see the full Form 4 for the reporting person’s remaining ownership.
  • Notable footnotes:
    • F1/F2: Class B Units are exchangeable one-for-one into Class A shares; conversion triggered cancellation of Class B common stock for no consideration.
    • F3: Sales executed pursuant to a 10b5-1 plan adopted Mar 18, 2025 (amended Sep 17, 2025).
    • F4–F6: Reported prices are weighted averages; detailed per-trade prices are available on request as noted.
  • Filing timeliness: Report filed 2026-06-18 for transactions on 2026-06-16–18 (filed within the typical Form 4 reporting window).

Context
This filing reflects an institutional (10% owner) transaction, not insider executive trading. The sequence — conversion/exchange of Class B Units into Class A shares followed by immediate open-market sales under a 10b5-1 plan — is effectively a conversion plus sale rather than a purchase signal. For full detail (post-transaction holdings, exact per-trade prices), consult the complete Form 4 (Accession 0001844767-26-000011).