Form 4: Viant Technology CFO Larry Madden Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Chief Financial Officer of Viant Technology, Larry Madden, reports disposing of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 10, 2025, Larry Madden, the CFO of Viant Technology Inc., disposed of 58,212 shares of Class A Common Stock.
- The disposal was to cover tax withholding obligations related to the vesting of 108,098 restricted stock units.
- The price per share was $13.32.
- Following the transaction, Madden directly owns 286,128 shares of Viant Technology Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an insider's stock disposal to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of stock disposal and vesting of restricted stock units. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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