Form 4: Viant Technology Inc. Director Elizabeth Goodman Williams Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Director Elizabeth Goodman Williams sold 17,320 shares of Viant Technology Inc. to cover estimated taxes related to vesting restricted stock units.

Summary

  • On June 2, 2024, Elizabeth Goodman Williams, a director of Viant Technology Inc., sold 17,320 shares of Class A Common Stock.
  • The shares were sold at a price of $9.51 per share.
  • The sale was conducted to cover estimated taxes to be paid in connection with the vesting of 32,895 restricted stock units on the same date.
  • Following the transaction, Williams directly owns 87,137 shares of Viant Technology Inc.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover taxes) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and directors.

Stakeholder Impact

  • The sale of shares by a director could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares involved.

Key Dates

DateDescription
06/02/2024Date of transaction: sale of shares and vesting of restricted stock units
06/04/2024Date of signature on the Form 4 filing

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