Trade Desk (TTD) COO uses 7,033 shares to settle tax bill
Rhea-AI Filing Summary
Trade Desk, Inc. (TTD) reported that Chief Operating Officer Vivek Kundra had 7,033 shares of Class A Common Stock withheld on August 15, 2026 to cover tax obligations from partial vesting of previously granted Restricted Stock Awards. Two separate tax-withholding dispositions of 2,320 and 4,713 shares were recorded at a reference value of $14.14 per share. These are non-market transactions used to satisfy tax withholding requirements rather than discretionary open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,033 shares
Net Sell
2 txns
Insider
Kundra Vivek
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 2,320 | $14.14 | $33K |
| Tax Withholding | Class A Common Stock F2 | 4,713 | $14.14 | $67K |
Holdings After Transaction:
Class A Common Stock — 234,080 shares (Direct)
Footnotes (2)
- F1. The shares were withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the partial vesting of a Restricted Stock Award granted April 3, 2025.
- F2. The shares were withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the partial vesting of a Restricted Stock Award granted March 3, 2026.
Key Figures
Shares withheld for taxes (total): 7,033 shares
First withholding lot: 2,320 shares
Second withholding lot: 4,713 shares
+2 more
5 metrics
Shares withheld for taxes (total)
7,033 shares
Total Class A shares withheld on August 15, 2026 for tax withholding obligations
First withholding lot
2,320 shares
Class A shares withheld for taxes from April 3, 2025 Restricted Stock Award vesting
Second withholding lot
4,713 shares
Class A shares withheld for taxes from March 3, 2026 Restricted Stock Award vesting
Reference price per share
$14.14 per share
Per-share value used in both August 15, 2026 tax-withholding entries
Number of tax-withholding transactions
2
Code F dispositions reported for payment of tax liability by withholding shares
Key Terms
Restricted Stock Award, tax withholding obligations, Class A Common Stock, Payment of tax liability by delivering or withholding securities
4 terms
Restricted Stock Award financial
"in connection with the partial vesting of a Restricted Stock Award granted April 3, 2025"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
tax withholding obligations financial
"withheld at the election of the Reporting Person to satisfy tax withholding obligations"
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description": "Payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did Trade Desk (TTD) report for COO Vivek Kundra?
Trade Desk reported that COO Vivek Kundra had 7,033 shares of Class A Common Stock withheld on August 15, 2026 to satisfy tax withholding obligations from partial vesting of Restricted Stock Awards.
Were the reported Trade Desk (TTD) insider transactions open-market sales?
No. The filing states the 7,033 shares were withheld to satisfy tax withholding obligations upon partial vesting of Restricted Stock Awards, indicating administrative tax-settlement transactions rather than discretionary open-market sales.
Which equity awards triggered the Trade Desk (TTD) tax-withholding for Vivek Kundra?
The tax-withholding relates to partial vesting of two Restricted Stock Awards, one granted on April 3, 2025, and another on March 3, 2026. Shares were withheld at Kundra’s election to cover associated tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.