Trade Desk (TTD) CAO disposes of 3,500 shares for tax withholding

Rhea-AI Filing Summary

Trade Desk, Inc. Chief Accounting Officer and Interim CFO Tahnil R. Davis reported a series of tax-related share dispositions in Class A Common Stock. On February 15, 2026, a total of 3,500 shares were withheld at a price of $25.81 per share to cover tax withholding obligations.

According to the footnotes, these withholdings were tied to partial vesting of Restricted Stock Unit awards granted between March 2, 2022 and April 15, 2025. After these transactions, Davis continued to hold 90,432 shares of Class A Common Stock directly.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Davis Tahnil R.

Role CAO and Interim CFO

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	603	$25.81	$16K
Tax Withholding	Class A Common Stock	301	$25.81	$8K
Tax Withholding	Class A Common Stock	887	$25.81	$23K
Tax Withholding	Class A Common Stock	741	$25.81	$19K
Tax Withholding	Class A Common Stock	968	$25.81	$25K

Holdings After Transaction: Class A Common Stock — 93,329 shares (Direct)

Footnotes (1)

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 Unit Award granted March 2, 2022. 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 Unit Award granted April 26, 2022. 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 Unit Award granted April 24, 2023. 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 Unit Award granted April 23, 2024. 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 Unit Award granted April 15, 2025.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Davis Tahnil R.

(Last) (First) (Middle)

C/O THE TRADE DESK, INC.

42 NORTH CHESTNUT STREET

(Street)

VENTURA CA 93001

(City) (State) (Zip)

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)
	CAO and Interim CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/15/2026		F		603(1)	D	$25.81	93,329	D
Class A Common Stock	02/15/2026		F		301(2)	D	$25.81	93,028	D
Class A Common Stock	02/15/2026		F		887(3)	D	$25.81	92,141	D
Class A Common Stock	02/15/2026		F		741(4)	D	$25.81	91,400	D
Class A Common Stock	02/15/2026		F		968(5)	D	$25.81	90,432	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 Unit Award granted March 2, 2022.

2. 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 Unit Award granted April 26, 2022.

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 Unit 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 Unit 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 Unit Award granted April 15, 2025.

Remarks:

	/s/ Kelli Faerber Attorney-in Fact for Tahnil R. Davis	02/18/2026
	** 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.

FAQ

What insider transaction did Trade Desk (TTD) CAO Tahnil R. Davis report?

Tahnil R. Davis reported tax-related dispositions of 3,500 shares of Trade Desk Class A Common Stock. The shares were withheld to satisfy tax obligations triggered by partial vesting of several Restricted Stock Unit awards granted between 2022 and 2025.

Was the Trade Desk (TTD) Form 4 transaction an open-market sale?

No, the Form 4 shows tax-withholding dispositions, not open-market sales. Shares were withheld at $25.81 each to cover taxes due on partial vesting of multiple Restricted Stock Unit awards previously granted to the executive.

How many Trade Desk (TTD) shares did the CAO dispose of for taxes?

The CAO and Interim CFO disposed of 3,500 shares through tax-withholding. These shares were surrendered back to satisfy tax liabilities associated with partial vesting of Restricted Stock Unit awards granted in 2022, 2023, 2024, and 2025.

What price was used for the Trade Desk (TTD) tax-withholding shares?

The tax-withholding dispositions were reported at $25.81 per share. This per-share value was applied to each of the five separate withholding transactions, all dated February 15, 2026, involving Trade Desk Class A Common Stock.

How many Trade Desk (TTD) shares does Tahnil R. Davis hold after the Form 4?

After the reported tax-withholding transactions, Tahnil R. Davis directly holds 90,432 shares of Trade Desk Class A Common Stock. This post-transaction balance reflects all five dispositions recorded on February 15, 2026, for tax purposes.

What triggered the Trade Desk (TTD) tax-withholding share dispositions?

The dispositions were triggered by partial vesting of Restricted Stock Unit awards. Footnotes state the withheld shares satisfied tax obligations for RSU awards granted on March 2, 2022, April 26, 2022, April 24, 2023, April 23, 2024, and April 15, 2025.