Trade Desk (TTD) COO Vivek Kundra receives major stock and option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kundra Vivek reported acquisition or exercise transactions in this Form 4 filing.
The Trade Desk Chief Operating Officer Vivek Kundra reported awards of company equity on March 3, 2026. He received an employee stock option for 309,551 shares and a restricted stock award of 167,197 Class A shares, both at a price of $0.00 per share.
The restricted stock award has a vesting commencement date of March 3, 2026, with one-sixteenth vesting on May 15, 2026 and the remainder vesting quarterly over 15 quarters, subject to continued employment. The option vests in equal monthly installments over 48 months from the same commencement date, also conditioned on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kundra Vivek
Role
Chief Operating 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 — 249,831 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 transactions did Trade Desk (TTD) COO Vivek Kundra report?
Vivek Kundra reported equity awards from The Trade Desk, including an employee stock option for 309,551 shares and a restricted stock award of 167,197 Class A shares. Both were granted on March 3, 2026 at a price of $0.00 per share.
How do the new stock options granted to Trade Desk (TTD) COO vest?
The employee stock option for 309,551 shares was granted March 3, 2026 and vests monthly. One forty-eighth of the option vests on each monthly anniversary of the vesting commencement date, contingent on Vivek Kundra’s continued employment with The Trade Desk through each vesting date.
What is the vesting schedule for the restricted stock granted to Trade Desk (TTD) COO?
The 167,197 restricted Class A shares have 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, subject to Vivek Kundra remaining employed through each applicable vesting date.
Are the Trade Desk (TTD) equity awards to the COO subject to employment conditions?
Yes, both awards require continued employment. The restricted stock vests partly in May 2026 and then quarterly, while the option vests in 48 equal monthly installments, each conditioned on Vivek Kundra remaining employed through the respective vesting dates.