Trade Desk (TTD) CSO forfeits restricted awards and uses shares for taxes
Rhea-AI Filing Summary
Trade Desk, Inc. director and Chief Strategy Officer Samantha Jacobson reported a series of stock dispositions involving company shares. On May 18, 2026, she returned a total of 258,158 shares of Class A Common Stock to the issuer in transactions coded "D" for disposition to issuer, which reflects forfeiture of unvested equity awards in connection with her termination of employment.
On May 15, 2026, she also had 6,673 shares withheld in several "F" transactions at $21.15 per share to satisfy tax withholding obligations tied to partial vesting of restricted stock and restricted stock unit awards granted between 2022 and 2026. After these transactions, she directly holds 318,937 shares of Class A Common Stock, including 622 shares acquired through the Employee Stock Purchase Plan on May 15, 2026. None of the reported transactions are open-market sales.
Positive
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Negative
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Insights
Form 4 shows award forfeitures on termination and routine tax withholding, not market selling.
The filing shows Samantha Jacobson, a director and Chief Strategy Officer at Trade Desk, Inc., returning 258,158 Class A shares to the issuer on May 18, 2026. Code "D" and footnotes indicate these shares were unvested restricted stock and restricted stock units forfeited upon her termination of employment.
Earlier, on May 15, 2026, 6,673 shares were withheld at $21.15 per share under code "F" to cover tax obligations triggered by partial vesting of multiple equity awards. These are non-market, administrative events rather than discretionary buys or sells. She still directly holds 318,937 shares after the transactions, so her equity exposure remains substantial despite the forfeitures.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 9,589 | $0.00 | -- |
| Disposition | Class A Common Stock | 30,037 | $0.00 | -- |
| Disposition | Class A Common Stock | 61,784 | $0.00 | -- |
| Disposition | Class A Common Stock | 156,748 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 197 | $21.15 | $4K |
| Tax Withholding | Class A Common Stock | 690 | $21.15 | $15K |
| Tax Withholding | Class A Common Stock | 1,080 | $21.15 | $23K |
| Tax Withholding | Class A Common Stock | 1,481 | $21.15 | $31K |
| Tax Withholding | Class A Common Stock | 3,225 | $21.15 | $68K |
Footnotes (1)
- 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 Unit Award granted April 26, 2022. Includes 622 shares acquired through the Employee Stock Purchase Plan on May 15, 2026. 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 Unit Award granted April 24, 2023. 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 23, 2024. 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 15, 2025. 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. The related shares were represented by a Restricted Stock Unit Award previously granted to the Reporting Person on April 24, 2023, that were subject to vesting. In connection with the Reporting Person's termination of employment with the Issuer, the unvested restricted stock unit awards were forfeited. The related shares were represented by a Restricted Stock Award previously granted to the Reporting Person on April 23, 2024, that were subject to vesting. In connection with the Reporting Person's termination of employment with the Issuer, the unvested restricted stock awards were forfeited. The related shares were represented by s Restricted Stock Award previously granted to the Reporting Person on April 15, 2025, that were subject to vesting. In connection with the Reporting Person's termination of employment with the Issuer, the unvested restricted stock awards were forfeited. The related shares were represented by a Restricted Stock Award previously granted to the Reporting Person on March 3, 2026, that were subject to vesting. In connection with the Reporting Person's termination of employment with the Issuer, the unvested restricted stock awards were forfeited.