117,670 Class A Shares Listed for Sale — The Trade Desk (NASDAQ: TTD)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
The Trade Desk filed a Form 144 disclosing a proposed sale of 117,670 shares of Class A Common on Nasdaq through J.P. Morgan Securities LLC.
The securities listed as to be sold were originally acquired in open‑market purchases on 11/14/2016 (50,000 and 64,760 shares) and as RSA awards on 05/26/2020 (2,910 shares); the filing shows cash as the consideration and an execution date of 03/05/2026.
Positive
- None.
Negative
- None.
FAQ
Who is the broker handling the proposed sale in the Form 144 for TTD?
J.P. Morgan Securities LLC is named as the broker. Their address is shown and they are listed alongside the proposed sale quantity of 117,670 Class A Common shares intended for Nasdaq execution.
What sale method and consideration are listed for the securities in TTD's Form 144?
The listed sale method is open market and the consideration is cash. Each acquisition line in the filing shows "Open Market" or "Issuer" origin and records "Cash" as the payment type.
Does the Form 144 indicate who will receive the cash proceeds from the sale?
The filing shows "Cash" as the consideration but does not specify recipient details. The document lists the acquiring trusts and RSA awards as the sources of the shares but does not name cash‑flow recipients.