Form 4: Viant Technology CFO Larry Madden Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Chief Financial Officer Larry Madden of Viant Technology Inc. reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On September 10, 2024, Viant Technology Inc.'s CFO, Larry Madden, had 14,005 shares of Class A Common Stock withheld by the issuer to cover tax obligations.
- This was in connection with the vesting of 26,055 restricted stock units.
- The price per share was $10.07.
- Following the transaction, Madden directly owns 542,634 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as executives and directors. This allows investors to monitor their trading activity and assess their alignment with the company's performance.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of stock transaction (tax withholding). |
| 09/12/2024 | Date of signature on the Form 4 filing. |
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