Form 4: Viant Technology CFO Larry Madden Sells Shares in Multiple Transactions
SEC Form 4
Viant Technology's CFO, Larry Madden, executed multiple sales of Class A Common Stock between October 9th and October 11th, 2024.
Summary
- Larry Madden, CFO of Viant Technology Inc., sold shares of Class A Common Stock in a series of transactions.
- On October 9, 2024, he sold 1,953 shares at a weighted average price of $11.1925.
- On October 10, 2024, he sold 1,089 shares at a weighted average price of $11.0613.
- On October 11, 2024, he sold 2,768 shares at a weighted average price of $11.2348.
- Following these transactions, Madden directly owns 529,848 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. The information is publicly available and allows investors to track the buying and selling activity of company insiders.
Stakeholder Impact
- The stock sales by a key executive could be perceived negatively by some shareholders, potentially leading to slight selling pressure on the stock.
Key Dates
| Date | Description |
|---|---|
| 10/09/2024 | Larry Madden sold 1,953 shares of Class A Common Stock at a weighted average price of $11.1925. |
| 10/10/2024 | Larry Madden sold 1,089 shares of Class A Common Stock at a weighted average price of $11.0613. |
| 10/11/2024 | Larry Madden sold 2,768 shares of Class A Common Stock at a weighted average price of $11.2348. |
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