The Trade Desk SEC Filings

The Trade Desk, Inc. insider Jeff Green reported several internal equity moves involving Class A and Class B shares. On 12/03/2025, a total of 167,307 shares of Class B Common Stock were converted into an equal number of Class A Common Stock for no additional consideration, reflected at a price of $0.

On the same date, 250,000 Class A shares were transferred from the Jeff Green Trust to the Jeff T. Green Family Foundation, and another 250,000 Class A shares are shown as held by the Foundation, all at a reported price of $0. The filing notes that Green has investment and voting control over securities held by the Trust, the Foundation, and various family trusts, and may be deemed to beneficially own those shares.

The Trade Desk, Inc. (TTD) Chief Operating Officer Vivek Kundra reported an insider share purchase. On 11/15/2025, he acquired 322 shares of Class A common stock through the company’s Employee Stock Purchase Plan. The purchase price was $35.64 per share, reflecting an 85% discount from the $41.93 closing price on 11/14/2025. After this transaction, he beneficially owned 82,634 shares, held directly.

Trade Desk, Inc. (TTD)11/15/2025, the insider had multiple blocks of Class A common stock withheld by the company to cover tax obligations tied to the partial vesting of previously granted restricted stock and restricted stock unit awards. The reported transactions used code "F" and occurred at a price of $41.93 per share. After these tax-withholding events, the insider directly beneficially owned 155,324 shares of Class A common stock.

The Trade Desk, Inc. (TTD) reported insider activity by its Chief Legal Officer, Jay R. Grant, on a Form 4. On 11/15/2025, several small transactions in Class A common stock were recorded with code “F,” which indicates shares were withheld to cover taxes on vesting equity awards. The reported tax withholdings covered 1,767, 2,652, 2,076, and 2,848 shares at a price of $41.93 per share, tied to restricted stock awards granted between April 2022 and April 2025. Following these transactions, Grant beneficially owned 199,561 shares of Class A common stock directly.

Trade Desk, Inc. (TTD) President and CEO Jeffrey Terry Green filed a Form 4 reporting internal transfers of Class A common stock. On 11/15/2025, Green moved 28,028 shares from his direct holdings to a trust he controls at a reported price of $0, leaving him with 285,857 shares held directly. The same number of shares, 28,028, is now shown as indirectly owned through the Jeff Green Trust, over which he has voting and investment control. The filing also shows additional indirect ownership of 670,901 shares held by the Jeff T. Green Family Foundation, where he similarly exercises control.

The Trade Desk (TTD) reported solid Q3 2025 results, with revenue of $739.4 million, up 18% year over year, and net income of $115.5 million, up 23%. Operating income rose to $161.2 million, reflecting improved operating leverage as total operating expenses grew slower than revenue.

Diluted EPS was $0.23. Cash and cash equivalents were $653.1 million, with $792.3 million in short‑term investments. Operating cash flow reached $681.1 million for the first nine months. The company repurchased 6 million Class A shares for $318 million in Q3 and $975 million year to date, leaving $60 million authorized at quarter‑end; in October, an additional $500 million was authorized.

TTD ended Q3 with no borrowings and $443 million available under its revolving credit facility. The company recognized $118 million as income taxes receivable related to domestic R&D deductions under the OBBBA, reducing deferred tax assets. Management continues to invest in platform operations, AI, and international expansion while maintaining a single operating segment.

The Trade Desk (TTD) furnished a press release announcing its financial results for the quarter ended September 30, 2025, and disclosed that its board authorized an additional $500 million for the company’s share repurchase program in October 2025.

The repurchase authorization allows the company to buy shares of its Class A common stock but does not obligate it to repurchase any particular amount and may be modified, suspended, or terminated at the board’s discretion. The results release and buyback update were provided via Exhibit 99.1, with the information furnished rather than filed under the Exchange Act.

The Trade Desk, Inc. Form 144 notice reports a proposed sale of 1,403 shares of common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $67,624.60. The filing lists the issuer's outstanding shares as 488,942,869 and names NASDAQ as the exchange for the approximate sale date of 09/10/2025.

The securities reported were acquired as restricted stock in several grants during 2024 (dates and quantities shown), and no sales by the reporting person are listed for the prior three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.