Viant Technology (NASDAQ: DSP) entity logs 12,920-share sale under 10b5-1 plan
Rhea-AI Filing Summary
Viant Technology Inc. insider activity shows transactions by Capital V LLC, an entity associated with Chief Operating Officer Christopher Vanderhook. Capital V LLC redeemed 12,500 Class B Units of Viant Technology LLC for 12,500 shares of Class A common stock, with the corresponding Class B common shares cancelled for no consideration in connection with this redemption.
Capital V LLC then sold an aggregate of 12,920 shares of Class A common stock in open-market transactions at weighted average prices of $11.7959, $11.9986, and $11.4229, executed over several trades in price ranges from $11.10 to $12.46. These sales were made pursuant to a Rule 10b5-1 trading plan adopted by Capital V LLC on March 18, 2025 and amended on September 17, 2025.
Following these transactions, Capital V LLC continued to hold 9,119,775 Class B Units, and Vanderhook is deemed to have an indirect pecuniary interest in one-third of Capital V LLC’s total holdings.
Positive
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Insights
Pre-planned entity-level sales with large stake retained look routine.
The filing shows Capital V LLC, an entity associated with COO Christopher Vanderhook, redeeming 12,500 Class B Units into Class A shares and selling 12,920 Class A shares in open-market trades around $11–$12 per share.
Footnotes state these sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted and later amended in 2025, which typically indicates scheduled diversification rather than opportunistic timing. The Class B redemption also cancelled an equal number of Class B common shares.
After the transactions, Capital V LLC still holds 9,119,775 Class B Units, and Vanderhook has an indirect pecuniary interest in one-third of that position. Given the pre-planned structure and the large remaining stake, this set of trades appears routine rather than thesis-changing.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,920 | $11.4229 | $33K |
| Sale | Class A Common Stock | 5,000 | $11.9986 | $60K |
| Exercise | Class B Units | 12,500 | $0.00 | -- |
| Exercise | Class A Common Stock | 12,500 | $0.00 | -- |
| Disposition | Class B Common Stock | 12,500 | $0.00 | -- |
| Sale | Class A Common Stock | 5,000 | $11.7959 | $59K |
Footnotes (1)
- The Class B Units of Viant Technology LLC ("Class B Units") are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A common stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B common stock will be automatically cancelled. The Reporting Person holds a one-third interest in Capital V LLC and may therefore be deemed to have an indirect pecuniary interest in one-third of Capital V LLC's total holdings. Reflects the cancellation for no consideration of a number of shares of Class B common stock of the Issuer in connection with the redemption by Capital V LLC of an equal number of Class B Units for Class A common stock. Shares sold pursuant to a 10b5-1 plan adopted by Capital V LLC on March 18, 2025, as amended on September 17, 2025. The price reported in Column 4 is a weighted average price, based on the Reporting Person's pro rata portion of a total of 15,000 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $11.59 to $12.23. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price, based on the Reporting Person's pro rata portion of a total of 15,000 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $11.675 to $12.46. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price, based on the Reporting Person's pro rata portion of a total of 8,760 shares of Class A Common Stock sold on behalf of Capital V LLC. These shares were sold in multiple transactions at prices ranging from $11.10 to $11.855. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.