Form 4: Viant Technology COO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Christopher Vanderhook, COO of Viant Technology Inc., sold 82,534 shares of Class A Common Stock on March 10, 2024, to cover estimated taxes related to vesting restricted stock units.
Summary
- On March 10, 2024, Christopher Vanderhook, the Chief Operating Officer of Viant Technology Inc., sold 82,534 shares of Class A Common Stock.
- The sale was executed at a price of $10.13 per share.
- This transaction was to cover the estimated taxes to be paid by Vanderhook in connection with the vesting of 156,757 restricted stock units on the same date.
- Following the transaction, Vanderhook directly owns 329,213 shares of Viant Technology Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes). It doesn't indicate positive or negative sentiment.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.
Stakeholder Impact
- The sale of shares by a company executive could have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/10/2024 | Date of transaction: Christopher Vanderhook sold 82,534 shares and 156,757 restricted stock units vested. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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