Form 4: The Trade Desk Director Andrea Cunningham Sells Shares
SEC Form 4 Filing
Director Andrea Cunningham sold 1,606 shares of The Trade Desk (TTD) Class A Common Stock on August 15, 2024.
Summary
- On August 15, 2024, Andrea Cunningham, a director of The Trade Desk, Inc. (TTD), sold 1,606 shares of Class A Common Stock.
- The sale price was $100.07 per share.
- Following the transaction, Cunningham directly owns 3,516 shares of The Trade Desk's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company director. It doesn't inherently convey positive or negative sentiment, but the market may interpret insider sales in various ways.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.
Stakeholder Impact
- Shareholders may react to the insider sale, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of transaction: Andrea Cunningham sold shares of TTD. |
| 08/19/2024 | Date of signature on the Form 4 filing. |
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