TTD Form 144 Filed for 1,403-Share Broker Sale on NASDAQ

Rhea-AI Filing Summary

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.

Insights

Securities Analyst

TL;DR: Small director/executive sale relative to total shares outstanding; appears routine rather than market-moving.

The filing documents a proposed broker-assisted sale of 1,403 shares valued at $67,624.60 against an outstanding share base of 488,942,869 shares. The securities were issued as restricted stock across multiple 2024 grant dates, suggesting these are planned disposals of vested or soon-to-be-vested awards rather than opportunistic market trades. There are no reported sales in the prior three months and no indication of unusual payment arrangements. Based solely on the filing, the transaction appears routine and not material to the company’s capitalization.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 mechanics; includes required representations and broker information.

The Form 144 supplies the broker name, precise share count, aggregate value, and acquisition history showing restricted stock grants from the issuer during 2024. The filing includes the standard attestation that no undisclosed material adverse information is known. There are no flagged gift transactions, complex payment terms, or recent aggregated sales to trigger governance concerns. From a compliance and governance perspective, the notice meets Rule 144 disclosure expectations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1403	67624.60	488942869	09/10/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/01/2024	Restricted Stock	Issuer			112	07/01/2024	Not Applicable
Common	04/23/2024	Restricted Stock	Issuer			642	04/23/2024	Not Applicable
Common	02/08/2024	Restricted Stock	Issuer			530	02/08/2024	Not Applicable
Common	07/22/2024	Restricted Stock	Issuer			8	07/22/2024	Not Applicable
Common	04/01/2024	Restricted Stock	Issuer			111	04/01/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What quantity of TTD shares is the Form 144 proposing to sell?

The notice proposes the sale of 1,403 shares of The Trade Desk common stock.

What is the aggregate market value of the proposed TTD sale?

The aggregate market value reported is $67,624.60.

When is the approximate sale date listed on the Form 144 for TTD?

The approximate date of sale shown on the form is 09/10/2025.

How were the TTD shares being sold originally acquired?

The shares were acquired as restricted stock from the issuer on multiple dates in 2024.

Which broker is handling the proposed sale of TTD shares?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, New York, NY.