Form 4: Viant Technology CFO Sells Shares Under 10b5-1 Plan
Statement of Changes in Beneficial Ownership
Viant Technology Inc. reports that Chief Financial Officer Larry Madden sold 7,297 shares of Class A Common Stock on April 6, 2026, under a pre-arranged 10b5-1 trading plan.
Summary
- Larry Madden, Chief Financial Officer of Viant Technology Inc., sold 7,297 shares of Class A Common Stock on April 6, 2026.
- The sale was executed under a Rule 10b5-1 trading plan adopted by Mr. Madden on December 15, 2025.
- The weighted average sale price was $11.3084, with individual transactions ranging from $11.165 to $11.505.
- Following these transactions, Mr. Madden beneficially owns 593,027 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as the sale was conducted under a pre-established 10b5-1 plan, which is a standard mechanism for insiders to diversify holdings without implying negative sentiment.
Negatives
- Company insider, the CFO, sold a portion of their holdings.
Future Outlook
No specific future outlook or guidance is provided in this filing, which is a statement of changes in beneficial ownership.
Industry Context
StockSavvy.ai notes that insider sales, particularly under a 10b5-1 plan, are common and often reflect personal financial planning rather than a negative view of the company's prospects. However, any significant sale by a key executive warrants monitoring.
Stakeholder Impact
- Shareholders: The sale by the CFO may be perceived by some shareholders as a negative signal, although the 10b5-1 plan mitigates this concern.
- Employees: No direct impact mentioned.
- Creditors: No direct impact mentioned.
- Suppliers: No direct impact mentioned.
- Customers: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 2025-12-15 | Date the Rule 10b5-1 trading plan was adopted by Larry Madden. |
| 2026-04-06 | Date of the reported stock sale transaction. |
| 2026-04-07 | Date the Form 4 was signed by the reporting person. |
Keywords
Viant Technology Inc., DSP, Form 4, Insider Trading, 10b5-1 Plan, Share Sale, Larry Madden, Chief Financial Officer
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