Form 4: Viant Technology CEO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Viant Technology CEO Timothy Vanderhook sold 92,204 shares of Class A Common Stock on March 10, 2025, to cover estimated taxes related to the vesting of restricted stock units.
Summary
- On March 10, 2025, Timothy Vanderhook, CEO and Chairman of Viant Technology Inc., sold 92,204 shares of Class A Common Stock.
- The sale was executed at a price of $13.32 per share.
- The transaction was intended to cover the estimated taxes to be paid by Vanderhook in connection with the vesting of 172,955 restricted stock units on the same date.
- Following the transaction, Vanderhook directly owns 374,036 shares of Viant Technology Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes on vested equity). It doesn't inherently indicate positive or negative sentiment.
Industry Context
This type of transaction, where executives sell shares to cover tax obligations related to vesting equity, is a common practice.
Stakeholder Impact
- The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of stock sale and vesting of restricted stock units |
| 03/11/2025 | Date of signature on the Form 4 filing |
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