Trade Desk (TTD) awards 12,220 RSUs to director Omar Tawakol
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tawakol Omar reported acquisition or exercise transactions in this Form 4 filing.
Trade Desk, Inc. director Omar Tawakol received an equity grant of 12,220 restricted stock units (RSUs) of Class A common stock at no cash cost, under the company’s 2025 Incentive Award Plan and its Non-Employee Director Compensation Policy.
The RSUs vest in four equal installments tied to upcoming quarterly board meetings or corresponding quarterly anniversaries of the grant date, with any remaining unvested units vesting in full at the company’s next annual stockholder meeting if he continues serving as a director. Following this grant, Tawakol directly holds 19,038 shares/units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tawakol Omar
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 12,220 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 19,038 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock units under the Issuer's 2025 Incentive Award Plan. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock. The restricted stock units vest in four equal installments at the earlier of, for each such installment, (i) the date of the Issuer's applicable regularly scheduled quarterly Corporate Board meeting for the next four quarters from the date of grant or (ii) the date of each of the next four corresponding quarterly anniversaries of the date of grant, provided all then unvested units shall vest in full on the date of the Issuer's next annual meeting of stockholders, all subject to the Reporting Person's continuous service as a member of the board of directors immediately prior to such date. The restricted stock units were issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy as an annual director equity grant.
Key Figures
RSUs granted: 12,220 units
Holdings after grant: 19,038 shares/units
Grant price: $0.0000 per share
+1 more
4 metrics
RSUs granted
12,220 units
Restricted stock units of Class A common stock granted to director
Holdings after grant
19,038 shares/units
Total direct Class A holdings following the RSU award
Grant price
$0.0000 per share
Equity award granted at no cash cost to the director
Vesting structure
4 equal installments
RSUs vest over four quarterly board meetings or anniversaries
Key Terms
restricted stock units, 2025 Incentive Award Plan, Non-Employee Director Compensation Policy, annual director equity grant
4 terms
restricted stock units financial
"Grant of restricted stock units under the Issuer's 2025 Incentive Award Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2025 Incentive Award Plan financial
"Grant of restricted stock units under the Issuer's 2025 Incentive Award Plan."
Non-Employee Director Compensation Policy financial
"issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy"
annual director equity grant financial
"pursuant to the Issuer's Non-Employee Director Compensation Policy as an annual director equity grant"
FAQ
What insider transaction did Trade Desk (TTD) director Omar Tawakol report?
Director Omar Tawakol reported receiving 12,220 restricted stock units in Trade Desk Class A common stock. The grant was made at no cash cost as part of his annual non-employee director equity compensation under the company’s 2025 Incentive Award Plan.
What are the vesting terms for Omar Tawakol’s 12,220 Trade Desk RSUs?
The 12,220 restricted stock units vest in four equal installments at upcoming quarterly board meetings or their quarterly anniversaries. Any remaining unvested units fully vest on the date of Trade Desk’s next annual stockholder meeting, if he continues serving as a director.
Under which plan were Omar Tawakol’s Trade Desk RSUs granted?
The restricted stock units were granted under Trade Desk’s 2025 Incentive Award Plan. They were issued pursuant to the company’s Non-Employee Director Compensation Policy as an annual director equity grant, aligning board compensation with shareholder interests through stock-based awards.