Trade Desk (TTD) director receives 12,220 RSUs as annual equity grant
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.
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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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 12,220 | $0.00 | -- |
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.