Form 4: Viant Technology Director Vivian Yang Receives Equity Grant of 12,382 Restricted Stock Units

Viant Technology Inc. Director Vivian Yang was granted 12,382 restricted stock units (RSUs) on June 5, 2025, increasing her beneficial ownership to 93,913 Class A Common Stock shares.

Summary

• Viant Technology Inc. (DSP) Director Vivian Yang received a grant of 12,382 restricted stock units (RSUs) on June 5, 2025.
• Each RSU represents the right to receive one share of the Issuer's Class A common stock.
• The RSUs vest in full on the earlier of (i) the date of the Issuer's 2026 Annual Meeting of Stockholders (or the date immediately prior to the 2026 Annual Meeting if service ends due to non-re-election or not standing for re-election) or (ii) the one-year anniversary measured from the grant date.
• Vesting is subject to Ms. Yang's continuous service through the vesting date.
• Following this transaction, Vivian Yang's beneficial ownership of Class A Common Stock is 93,913 shares.
• The transaction code 'A' indicates an acquisition, and the price is stated as $0, typical for an equity grant.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as the equity grant aligns director interests with shareholders, which is generally viewed favorably. However, it's a routine compensation event and not indicative of significant operational or financial news.

Positives

• The grant of restricted stock units to a director, Vivian Yang, aligns her interests with those of the shareholders, as her compensation is tied to the company's future performance and stock value.
• Increasing director equity ownership can signal confidence in the company's long-term prospects.

Future Outlook

The restricted stock units granted to Director Vivian Yang are subject to future vesting conditions, which include the earlier of the company's 2026 Annual Meeting of Stockholders or the one-year anniversary of the grant date, contingent on her continuous service.

Industry Context

The grant of restricted stock units to a director is a common practice in the technology and public company sectors as a form of non-cash compensation, designed to attract and retain talent while aligning management and director incentives with shareholder value creation.

Comparison to Industry Standards

• The practice of granting equity, such as restricted stock units, to non-employee directors is a standard compensation mechanism across publicly traded companies, including those in the ad-tech and programmatic advertising industry like Viant Technology Inc.
• This aligns with typical corporate governance practices where a portion of director compensation is equity-based to foster long-term commitment and performance alignment.

Corporate Governance

Stakeholder Impact

• Shareholders: The equity grant to a director aims to align their interests with shareholders, potentially leading to decisions that enhance long-term shareholder value.

Next Steps

• The restricted stock units will vest according to the specified conditions, either at the 2026 Annual Meeting of Stockholders or on the one-year anniversary of the grant date, subject to continuous service.

Key Dates

Keywords

Viant Technology Inc., DSP, Vivian Yang, Restricted Stock Units, RSU, Equity Grant, Director Compensation, SEC Form 4, Insider Transaction, Class A Common Stock