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The Trade Desk SEC Filings

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Welcome to our dedicated page for The Trade Desk SEC filings (Ticker: TTD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

This page provides access to SEC filings for The Trade Desk, Inc. (NASDAQ: TTD), a Nevada-incorporated technology company that operates a self-service, cloud-based platform for buyers of advertising. Here, investors can review the company’s official regulatory documents alongside AI-powered summaries that help explain key disclosures in clear language.

The Trade Desk’s filings include annual reports on Form 10-K and quarterly reports on Form 10-Q, which present audited and interim financial statements, management’s discussion and analysis, and details on revenue, operating expenses, and non-GAAP measures such as Adjusted EBITDA, Adjusted EBITDA margin, non-GAAP net income, and non-GAAP diluted earnings per share. These reports also describe the company’s programmatic advertising platform, data and inventory integrations, and risk factors relevant to its business.

Investors can also review current reports on Form 8-K, where The Trade Desk discloses material events. Recent 8-K filings have covered quarterly financial results, share repurchase authorizations, leadership changes such as the appointment of a new Chief Financial Officer and a new director, and governance matters including amendments to the company’s articles of incorporation and bylaws and related stockholder votes. Another 8-K describes a letter of reprimand from Nasdaq’s Listing Qualifications staff regarding voting rights rules and notes that the matter was closed with no impact on the listing of the company’s Class A common stock.

In addition, proxy materials such as the definitive proxy statement on Schedule 14A provide insight into governance topics, including the company’s dual-class share structure and the extension of the Class B conversion date. Through this page, users can quickly locate Forms 10-K, 10-Q, 8-K, and proxy statements, while AI-generated highlights point out sections related to financial performance, capital allocation, governance changes, and other items that may matter to shareholders and analysts.

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Baillie Gifford & Co filed an amended Schedule 13G reporting beneficial ownership of 22,305,995 shares of The Trade Desk, Inc. Class A common stock, representing 5.07% of the class as of 12/31/2025. Baillie Gifford has sole voting power over 11,829,073 shares and sole dispositive power over all 22,305,995 shares.

The filing states the securities are held in the ordinary course of business, not to change or influence control of Trade Desk. The shares are held by Baillie Gifford and its investment adviser subsidiaries on behalf of investment advisory clients, including funds, employee benefit plans, pension funds, and other institutional clients.

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State Street Corporation has disclosed a significant ownership position in The Trade Desk, Inc. common stock. As of 12/31/2025, it beneficially owned 31,048,427 shares, representing 7.1% of the outstanding common stock.

State Street reports no sole voting or dispositive power over these shares, but shared voting power over 23,299,305 shares and shared dispositive power over 31,046,827 shares. The position is certified as being held in the ordinary course of business, not for the purpose of changing or influencing control of The Trade Desk.

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Trade Desk, Inc. executive Tahnil R. Davis, the company’s CAO and Interim CFO, filed an initial ownership report showing beneficial ownership of 93,932 shares of Class A common stock held directly. Davis also holds several employee stock options covering additional Class A shares, with exercise prices ranging from $49.24 to $81.07. These options were granted annually from 2021 through 2025 and vest in equal monthly installments over four years, contingent on continued employment with Trade Desk through the applicable vesting dates.

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The Trade Desk, Inc. announced that it expects revenue and adjusted EBITDA for the quarter and year ended December 31, 2025 to be consistent with its previously reported guidance, and plans to release full earnings on February 25, 2026.

Effective January 24, 2026, Tahnil Davis, the company’s executive vice president and chief accounting officer, was appointed principal accounting officer and interim chief financial officer and interim principal financial officer. Her employment agreement includes a base salary of $567,000, a prorated target annual bonus including $267,500 for part of 2026, and a quarterly retention bonus of $187,500 while she serves as interim CFO and for three months after a permanent CFO starts. Former CFO Alexander Kayyal’s employment in his officer roles ended on January 24, 2026, and the company expects him to remain on the board through the 2026 annual meeting.

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The Trade Desk, Inc. reported that it received a letter of reprimand from Nasdaq’s Listing Qualifications staff on December 9, 2025, after Nasdaq determined that an amendment to its articles of incorporation violated Nasdaq voting rights rules 5640 and IM-5640. The issue relates to extending the date when all Class B common stock will automatically convert into Class A common stock, an amendment approved by the board and stockholders on September 16, 2025.

Nasdaq decided to close the matter with this reprimand letter under Nasdaq Rule 5810(c)(4), with no further action planned. The company does not agree that the amendment violated the rules but will not appeal. The letter does not affect the listing of The Trade Desk’s Class A common stock on Nasdaq, and the amendment and the company’s dual-class share structure remain in full force and effect.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of The Trade Desk (TTD)?

The current stock price of The Trade Desk (TTD) is $25.81 as of February 15, 2026.

What is the market cap of The Trade Desk (TTD)?

The market cap of The Trade Desk (TTD) is approximately 12.5B.

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TTD Stock Data

12.48B
603.87M
Advertising Agencies
Services-computer Programming, Data Processing, Etc.
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United States
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