Welcome to our dedicated page for The Trade Desk SEC filings (Ticker: TTD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to SEC filings for The Trade Desk, Inc. (NASDAQ: TTD), a Nevada-incorporated technology company that operates a self-service, cloud-based platform for buyers of advertising. Here, investors can review the company’s official regulatory documents alongside AI-powered summaries that help explain key disclosures in clear language.
The Trade Desk’s filings include annual reports on Form 10-K and quarterly reports on Form 10-Q, which present audited and interim financial statements, management’s discussion and analysis, and details on revenue, operating expenses, and non-GAAP measures such as Adjusted EBITDA, Adjusted EBITDA margin, non-GAAP net income, and non-GAAP diluted earnings per share. These reports also describe the company’s programmatic advertising platform, data and inventory integrations, and risk factors relevant to its business.
Investors can also review current reports on Form 8-K, where The Trade Desk discloses material events. Recent 8-K filings have covered quarterly financial results, share repurchase authorizations, leadership changes such as the appointment of a new Chief Financial Officer and a new director, and governance matters including amendments to the company’s articles of incorporation and bylaws and related stockholder votes. Another 8-K describes a letter of reprimand from Nasdaq’s Listing Qualifications staff regarding voting rights rules and notes that the matter was closed with no impact on the listing of the company’s Class A common stock.
In addition, proxy materials such as the definitive proxy statement on Schedule 14A provide insight into governance topics, including the company’s dual-class share structure and the extension of the Class B conversion date. Through this page, users can quickly locate Forms 10-K, 10-Q, 8-K, and proxy statements, while AI-generated highlights point out sections related to financial performance, capital allocation, governance changes, and other items that may matter to shareholders and analysts.
The Trade Desk, Inc. (TTD) Chief Operating Officer Vivek Kundra reported an insider share purchase. On 11/15/2025, he acquired 322 shares of Class A common stock through the company’s Employee Stock Purchase Plan. The purchase price was $35.64 per share, reflecting an 85% discount from the $41.93 closing price on 11/14/2025. After this transaction, he beneficially owned 82,634 shares, held directly.
Trade Desk, Inc. (TTD)11/15/2025, the insider had multiple blocks of Class A common stock withheld by the company to cover tax obligations tied to the partial vesting of previously granted restricted stock and restricted stock unit awards. The reported transactions used code "F" and occurred at a price of $41.93 per share. After these tax-withholding events, the insider directly beneficially owned 155,324 shares of Class A common stock.
The Trade Desk, Inc. (TTD) reported insider activity by its Chief Legal Officer, Jay R. Grant, on a Form 4. On 11/15/2025, several small transactions in Class A common stock were recorded with code “F,” which indicates shares were withheld to cover taxes on vesting equity awards. The reported tax withholdings covered 1,767, 2,652, 2,076, and 2,848 shares at a price of $41.93 per share, tied to restricted stock awards granted between April 2022 and April 2025. Following these transactions, Grant beneficially owned 199,561 shares of Class A common stock directly.
Trade Desk, Inc. (TTD) President and CEO Jeffrey Terry Green filed a Form 4 reporting internal transfers of Class A common stock. On 11/15/2025, Green moved 28,028 shares from his direct holdings to a trust he controls at a reported price of $0, leaving him with 285,857 shares held directly. The same number of shares, 28,028, is now shown as indirectly owned through the Jeff Green Trust, over which he has voting and investment control. The filing also shows additional indirect ownership of 670,901 shares held by the Jeff T. Green Family Foundation, where he similarly exercises control.
The Trade Desk (TTD) reported solid Q3 2025 results, with revenue of $739.4 million, up 18% year over year, and net income of $115.5 million, up 23%. Operating income rose to $161.2 million, reflecting improved operating leverage as total operating expenses grew slower than revenue.
Diluted EPS was $0.23. Cash and cash equivalents were $653.1 million, with $792.3 million in short‑term investments. Operating cash flow reached $681.1 million for the first nine months. The company repurchased 6 million Class A shares for $318 million in Q3 and $975 million year to date, leaving $60 million authorized at quarter‑end; in October, an additional $500 million was authorized.
TTD ended Q3 with no borrowings and $443 million available under its revolving credit facility. The company recognized $118 million as income taxes receivable related to domestic R&D deductions under the OBBBA, reducing deferred tax assets. Management continues to invest in platform operations, AI, and international expansion while maintaining a single operating segment.
The Trade Desk (TTD) furnished a press release announcing its financial results for the quarter ended September 30, 2025, and disclosed that its board authorized an additional $500 million for the company’s share repurchase program in October 2025.
The repurchase authorization allows the company to buy shares of its Class A common stock but does not obligate it to repurchase any particular amount and may be modified, suspended, or terminated at the board’s discretion. The results release and buyback update were provided via Exhibit 99.1, with the information furnished rather than filed under the Exchange Act.
The Trade Desk, Inc. held a special stockholder meeting on September 16, 2025, where stockholders approved amendments to its articles of incorporation and bylaws. The amended articles change the date when all Class B common shares will automatically convert into Class A common shares to December 22, 2035 and add a waiver of jury trials for internal actions in line with recent Nevada law updates.
At the same meeting, stockholders also approved the possibility of adjourning the meeting to solicit additional proxies, although no adjournment was needed. Separately, the board adopted amended and restated bylaws, effective the same day, clarifying that the lead independent director may call special meetings of the independent directors at any time to discuss any topic an independent director deems appropriate.
The Trade Desk, Inc. Form 144 notice reports a proposed sale of 1,403 shares of common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $67,624.60. The filing lists the issuer's outstanding shares as 488,942,869 and names NASDAQ as the exchange for the approximate sale date of 09/10/2025.
The securities reported were acquired as restricted stock in several grants during 2024 (dates and quantities shown), and no sales by the reporting person are listed for the prior three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
Insider transactions by Alex Kayyal, Chief Financial Officer and director of The Trade Desk (TTD): The filing reports multiple adjustments to Kayyal’s holdings. On 08/20/2025 the reporting person forfeited unvested restricted stock units from prior grants (1,002; 1,838; and 317 shares), with one disposition showing a price basis of $59.17 for 317 shares. On 08/21/2025 Kayyal received a new restricted stock award of 102,655 shares with vesting beginning 08/21/2025 (25% on 08/15/2026, remainder vesting quarterly over 12 quarters). Also on 08/21/2025 Kayyal was granted a stock option to purchase 206,270 shares at an exercise price of $52.30, exercisable per the stated vesting schedule and expiring 08/21/2035.
Insider stock withholding for taxes following RSU vesting at Trade Desk (TTD)
Samantha Jacobson, a director and Chief Strategy Officer at Trade Desk, reduced her direct holdings via a series of share withholdings related to the partial vesting of restricted stock units. On 08/15/2025 she had multiple transactions withholding a total of 6,445 shares at $52.12 per share to satisfy tax obligations tied to RSU grants from 2021 through 2025. After these withholdings her reported direct Class A common stock holdings ranged from 166,952 down to 161,138 shares across the reported lines.