Trade Desk (TTD) CAO and interim CFO awarded options and restricted stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Davis Tahnil R. reported acquisition or exercise transactions in this Form 4 filing.
Trade Desk, Inc. CAO and Interim CFO Tahnil R. Davis reported equity awards granted on March 3, 2026. He received an option to buy 309,551 shares of Class A common stock and a restricted stock award of 167,197 Class A shares, both at a price of $0.00 per share as compensation.
The restricted stock award has a vesting commencement date of March 3, 2026, with 1/16 of the shares vesting on May 15, 2026 and the rest vesting ratably over 15 quarters, subject to continued employment. The stock option also starts vesting on March 3, 2026, with 1/48 of the option shares vesting monthly, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Davis Tahnil R.
Role
CAO and Interim CFO
| 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 — 257,629 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) report for Tahnil R. Davis?
Trade Desk reported that CAO and Interim CFO Tahnil R. Davis received an option to buy 309,551 Class A shares and a restricted stock award of 167,197 Class A shares, both granted on March 3, 2026 as equity compensation awards.
How does the restricted stock granted to Tahnil R. Davis at Trade Desk (TTD) vest?
The restricted stock award of 167,197 Class A shares has a vesting commencement date of March 3, 2026. One-sixteenth vests on May 15, 2026, with the remaining shares vesting ratably over 15 quarterly anniversaries, conditioned on Davis remaining employed through each vesting date.
What is the vesting schedule for the stock options granted to Tahnil R. Davis at Trade Desk (TTD)?
The option covering 309,551 Class A shares was granted on March 3, 2026, the vesting commencement date. One forty-eighth of the option shares vests on each monthly anniversary of that date, so long as Davis continues employment through each monthly vesting date.