Form 4: Viant Technology CFO Larry Madden Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Chief Financial Officer of Viant Technology, Larry Madden, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On June 10, 2024, Viant Technology's CFO, Larry Madden, had 14,009 shares of Class A Common Stock withheld by the issuer to satisfy tax obligations.
- This withholding was related to the vesting of 26,062 restricted stock units.
- The price per share for the withholding was $9.23.
- Following the transaction, Madden beneficially owns 563,787 shares.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing detailing a standard tax-related transaction. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of tax obligation fulfillment related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of share withholding for tax obligations related to vesting of restricted stock units. |
| 06/12/2024 | Date of signature for the Form 4 filing. |
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