Major equity grants to Trade Desk (TTD) Chief Legal Officer disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GRANT JAY R reported acquisition or exercise transactions in this Form 4 filing.
Trade Desk, Inc.’s Chief Legal Officer Jay R. Grant reported equity awards that increase his direct holdings. On March 3, 2026, he received an award of 167,197 shares of Class A common stock at $0.00 per share and now directly holds 359,764 Class A shares.
He also received an employee stock option for 309,551 shares at $0.00 per share. The restricted stock award vests one-sixteenth on May 15, 2026, with the remainder vesting quarterly over 15 quarters, while the option vests in equal monthly installments over 48 months, in each case subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GRANT JAY R
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 309,551 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 167,197 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 309,551 shares (Direct);
Class A Common Stock — 359,764 shares (Direct)
Footnotes (1)
- Represents a restricted stock award with a Vesting Commencement Date ("VCD") of March 3, 2026. One-sixteenth (1/16th) of the granted shares vest on May 15, 2026 and the remainder of the granted shares vest ratably over 15 quarters on each quarterly anniversary thereafter, subject to continued employment with the Issuer through the applicable vesting dates. The option was granted on March 3, 2026, the VCD. One forty-eighth (1/48th) of the shares subject to the option vest on each monthly anniversary of the VCD, subject to continued employment with the Issuer through the applicable vesting dates.
FAQ
What insider transaction did Trade Desk (TTD) report for Jay R. Grant?
Jay R. Grant reported receiving equity awards in Trade Desk. He acquired 167,197 shares of Class A common stock and an option for 309,551 shares, both granted on March 3, 2026 as part of his compensation package.
What stock option award did Trade Desk grant to Jay R. Grant?
Trade Desk granted Jay R. Grant an employee stock option covering 309,551 shares on March 3, 2026 at $0.00 per share. One forty-eighth of these option shares vest each month from the vesting commencement date, subject to continued employment with the company.
How does Jay R. Grant’s restricted stock in Trade Desk vest?
The restricted stock award of 167,197 Trade Desk Class A shares has a vesting commencement date of March 3, 2026. One-sixteenth vests on May 15, 2026, and the remaining shares vest ratably over 15 quarterly anniversaries, conditioned on continued employment through each vesting date.
Are Jay R. Grant’s new Trade Desk awards immediate or time-based?
The awards are time-based with multi-year schedules. The restricted stock begins vesting May 15, 2026 with quarterly vesting thereafter, while the 309,551-share option vests in equal monthly installments over 48 months, all requiring ongoing employment with Trade Desk.