Trade Desk CLO covers taxes with share withholding

Trade Desk, Inc. Chief Legal Officer Jay R. Grant reported routine tax-related share dispositions.

Rhea-AI Filing Summary

Trade Desk, Inc. Chief Legal Officer Jay R. Grant reported routine tax-related share dispositions. On May 15, 2026, a total of 12,564 shares of Class A Common Stock were withheld at $21.15 per share to satisfy tax withholding obligations tied to the partial vesting of restricted stock awards granted between April 26, 2022 and March 3, 2026. Following these tax-withholding transactions, he directly holds 347,821 shares, including 621 shares acquired through the Employee Stock Purchase Plan on May 15, 2026.

Insider Trade Summary

Exercise Price or Tax Liability: 12,564 shares

Exercise Price or Tax Liability 5 txns

Insider GRANT JAY R

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	1,288	$21.15	$27K
Exercise Price or Tax Liability	Class A Common Stock	1,932	$21.15	$41K
Exercise Price or Tax Liability	Class A Common Stock	1,514	$21.15	$32K
Exercise Price or Tax Liability	Class A Common Stock	2,076	$21.15	$44K
Exercise Price or Tax Liability	Class A Common Stock	5,754	$21.15	$122K

Holdings After Transaction: Class A Common Stock — 347,821 shares (Direct)

Footnotes (6)

1. F1. 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 26, 2022.
2. F2. Includes 621 shares acquired through the Employee Stock Purchase Plan on May 15, 2026.
3. F3. 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 24, 2023.
4. F4. 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.
5. F5. 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.
6. F6. 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.

Key Figures

Tax-withheld shares: 12,564 shares Withholding price: $21.15 per share Shares held after transactions: 359,097 shares +2 more

5 metrics

Tax-withheld shares 12,564 shares Total F-code dispositions on May 15, 2026

Withholding price $21.15 per share Value used for all F-code transactions

Shares held after transactions 359,097 shares Direct Class A holdings following tax withholding

ESPP shares included 621 shares Acquired through Employee Stock Purchase Plan on May 15, 2026

Number of F-code transactions 5 transactions Tax-withholding dispositions of Class A Common Stock

Key Terms

Class A Common Stock, Restricted Stock Award, Employee Stock Purchase Plan, tax withholding obligations, +1 more

5 terms

Class A Common Stock financial

"The transactions involved Trade Desk, Inc. Class A Common Stock."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Restricted Stock Award financial

"Tax withholding obligations arose from partial vesting of a Restricted Stock Award."

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

Employee Stock Purchase Plan financial

"Includes 621 shares acquired through the Employee Stock Purchase Plan on May 15, 2026."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

tax withholding obligations financial

"The shares were withheld at the election of the Reporting Person to satisfy tax withholding obligations."

Form 4 regulatory

"Insider activity is disclosed through a Form 4 filing for Jay R. Grant."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity did Trade Desk (TTD) disclose for Jay R. Grant?

Trade Desk reported that Chief Legal Officer Jay R. Grant had 12,564 Class A shares withheld to cover tax obligations. These dispositions occurred on May 15, 2026, in connection with partial vesting of several restricted stock awards granted between 2022 and 2026.

Were Jay R. Grant’s Trade Desk (TTD) Form 4 transactions open-market sales?

The Form 4 shows no open-market sales by Jay R. Grant. All five transactions are coded “F,” meaning shares were withheld by the company to satisfy tax withholding obligations related to vesting restricted stock awards, rather than discretionary sales into the market.

How many Trade Desk (TTD) shares were withheld for Jay R. Grant’s taxes?

A total of 12,564 Class A Common Stock shares were withheld to satisfy Jay R. Grant’s tax obligations. These were executed across five separate F-code transactions on May 15, 2026, all priced at $21.15 per share according to the Form 4 filing data.

What is Jay R. Grant’s Trade Desk (TTD) shareholding after the Form 4 events?

After the tax-withholding dispositions, Jay R. Grant directly holds 359,097 shares of Trade Desk Class A stock. This total includes 621 shares that were acquired through the company’s Employee Stock Purchase Plan on May 15, 2026, as noted in the footnotes.

What awards triggered Jay R. Grant’s tax-withholding transactions at Trade Desk (TTD)?

The withheld shares relate to partial vesting of multiple Restricted Stock Awards granted on April 26, 2022, April 24, 2023, April 23, 2024, April 15, 2025, and March 3, 2026. Each vesting event generated tax obligations that were settled in shares.

At what price were Jay R. Grant’s Trade Desk (TTD) tax-withholding shares valued?

All five tax-withholding dispositions used a share price of $21.15. This price applies to each F-code transaction recorded on May 15, 2026, for Trade Desk Class A Common Stock in the Form 4 filing for Chief Legal Officer Jay R. Grant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/19/2026 - 04:58 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

GRANT JAY R

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/15/2026		F		1,288(1)	D	$21.15	359,097(2)	D
Class A Common Stock	05/15/2026		F		1,932(3)	D	$21.15	357,165	D
Class A Common Stock	05/15/2026		F		1,514(4)	D	$21.15	355,651	D
Class A Common Stock	05/15/2026		F		2,076(5)	D	$21.15	353,575	D
Class A Common Stock	05/15/2026		F		5,754(6)	D	$21.15	347,821	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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 Award granted April 26, 2022.

2. Includes 621 shares acquired through the Employee Stock Purchase Plan on May 15, 2026.

3. 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 24, 2023.

4. 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.

5. 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.

6. 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.

Remarks:

	/s/ Kelli Faerber, Attorney-in-Fact for Jay R. Grant	05/19/2026
	** Signature of Reporting Person	Date
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)