[Form 4] Trade Desk, Inc. Insider Trading Activity

Rhea-AI Filing Summary

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kundra Vivek

(Last) (First) (Middle)

C/O THE TRADE DESK, INC.

42 NORTH CHESTNUT STREET

(Street)

VENTURA CA 93001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Trade Desk, Inc. [ TTD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	11/15/2025		A	V	322(1)	A	$35.64(2)	82,634	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares acquired through the Issuer's Employee Stock Purchase Plan on November 15, 2025.

2. This price represents the 85% discounted price from the November 14, 2025, closing price of $41.93.

Remarks:

	/s/ Kelli Faerber, Attorney-in-Fact for Vivek Kundra	11/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Trade Desk (TTD) report in this Form 4?

Trade Desk (TTD) reported that its Chief Operating Officer, Vivek Kundra, acquired 322 shares of Class A common stock on 11/15/2025.

At what price did the TTD COO acquire shares and how was it determined?

The COO acquired the shares at $35.64 per share, which represents an 85% discounted price based on the $41.93 closing price on 11/14/2025.

How many Trade Desk (TTD) shares does Vivek Kundra own after the reported transaction?

Following the reported acquisition, Vivek Kundra beneficially owned 82,634 shares of Trade Desk Class A common stock, held directly.

What plan was used for the COO’s share purchase at Trade Desk (TTD)?

The 322 sharesEmployee Stock Purchase Plan on 11/15/2025.

What is the relationship of the reporting person to Trade Desk (TTD)?

The reporting person, Vivek Kundra, is an officer of Trade Desk, serving as its Chief Operating Officer.

Is the reported Trade Desk (TTD) Form 4 filed by a single insider?

Yes. The Form 4 is indicated as being filed by one reporting person, reflecting only Vivek Kundra’s holdings and transaction.