Form 4: Viant Technology Director Sells 7,500 Shares of Class A Common Stock
SEC Form 4 Filing
A Viant Technology director, Max O. Valdes, sold 7,500 shares of Class A Common Stock at a weighted average price of $20.5105.
Summary
- Max O. Valdes, a director at Viant Technology Inc., sold 7,500 shares of Class A Common Stock on December 6, 2024.
- The shares were sold at a weighted average price of $20.5105 per share.
- The sale was executed in multiple transactions with prices ranging from $20.46 to $20.60.
- Following the transaction, Valdes directly owns 63,452 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing a stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is common when company insiders trade shares. It provides transparency into the transactions of company directors and officers.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
- The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.
- Similar filings can be observed across the technology sector for companies like Google, Meta, and Amazon when their directors or officers trade shares.
Stakeholder Impact
- The sale of shares by a director may be of interest to shareholders, but it is a common occurrence and does not necessarily indicate a change in the company's outlook.
Key Dates
| Date | Description |
|---|---|
| 12/06/2024 | Date of the stock sale transaction. |
| 12/09/2024 | Date the form was signed. |
Keywords
Viant Technology, insider trading, stock sale, Class A Common Stock, Max O. Valdes, director
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