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Trade Desk (TTD) director receives 12,220 RSUs as annual equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vollero Andrew reported acquisition or exercise transactions in this Form 4 filing.

Trade Desk, Inc. director Andrew Vollero received an equity grant of 12,220 restricted stock units under the company’s 2025 Incentive Award Plan. Each unit represents a contingent right to receive one share of Class A common stock.

The RSUs vest in four equal installments tied to the next four quarterly board meetings or their quarterly anniversaries, with all remaining units vesting on the date of the next annual stockholders’ meeting, subject to his continued board service. Following this grant, total Class A shares reported as held were 24,524.

Positive

  • None.

Negative

  • None.

Insights

Routine non-cash RSU grant to a Trade Desk director as annual equity compensation.

Director Andrew Vollero was granted 12,220 restricted stock units, each convertible into one share of Class A common stock, under Trade Desk’s 2025 Incentive Award Plan. The grant is part of the company’s Non-Employee Director Compensation Policy as an annual director equity award.

The RSUs vest in four equal installments over upcoming quarterly board cycles, with any remaining units vesting at the next annual stockholders’ meeting if he continues serving on the board. This is a standard, non-cash compensation event and does not represent an open-market purchase or sale.

Insider Vollero Andrew
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 12,220 $0.00 --
Holdings After Transaction: Class A Common Stock — 24,524 shares (Direct, null)
Footnotes (1)
  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.
RSU grant size 12,220 units Restricted stock units granted to director on 2026-05-04
Price per RSU $0.00 per unit Non-cash equity compensation grant
Total shares after grant 24,524 shares Class A common stock holdings following reported transaction
Vesting schedule Four equal installments At next four quarterly board meetings or anniversaries
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."
SEC Form 4
FORM 4UNITED 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
Estimated average burden
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*
Vollero Andrew

(Last)(First)(Middle)
C/O THE TRADE DESK, INC.
42 NORTH CHESTNUT STREET

(Street)
VENTURA CALIFORNIA 93001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Trade Desk, Inc. [ TTD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/04/2026A(1)12,220(2)A$0(3)24,524D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
3. 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.
Remarks:
/s/ Kelli Faerber, Attorney-in-Fact for Andrew Vollero05/06/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Trade Desk (TTD) director Andrew Vollero receive in this Form 4 filing?

He received 12,220 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Trade Desk’s Class A common stock, granted under the 2025 Incentive Award Plan as part of the annual non-employee director equity compensation.

How do Andrew Vollero’s new RSUs at Trade Desk (TTD) vest?

The RSUs vest in four equal installments. Each installment vests at the earlier of the next four regularly scheduled quarterly board meetings or their quarterly anniversaries, with all remaining unvested units vesting at the next annual stockholders’ meeting, subject to his continued board service.

Is Andrew Vollero’s Trade Desk (TTD) equity grant a cash transaction?

No, the grant is a non-cash equity award. The 12,220 restricted stock units were granted at a stated price of $0.00 per unit as compensation, not purchased in the open market, and are tied to continued service on Trade Desk’s board of directors.

How many Trade Desk (TTD) Class A shares does Andrew Vollero hold after this grant?

The filing reports 24,524 Class A shares following the grant. This figure reflects his total reported direct holdings after receiving 12,220 restricted stock units, which each convert into one share upon vesting under the plan’s terms.

What plan governs Andrew Vollero’s RSU grant at Trade Desk (TTD)?

The grant is under Trade Desk’s 2025 Incentive Award Plan. It was issued pursuant to the company’s Non-Employee Director Compensation Policy, which provides annual director equity grants in the form of restricted stock units linked to continued board service.