Form 4: Trade Desk CEO Jeffrey Green Transfers Shares to Trust and Foundation

Jeffrey Green, CEO of Trade Desk, reports a transfer of Class A Common Stock to a trust and a foundation, while maintaining indirect beneficial ownership.

Summary

• On February 15, 2025, Jeffrey Green, the President and CEO of Trade Desk, Inc. [TTD], transferred 13,318 shares of Class A Common Stock to a trust held by him and another 13,318 shares to the Jeff T. Green Family Foundation.
• The transfer to the trust was a disposition, while the transfer to the foundation was an acquisition.
• Following these transactions, Green directly owns 119,865 shares and indirectly owns 17,018 shares through the Jeff Green Trust and 674,036 shares through the Jeff T. Green Family Foundation.
• Green maintains investment and voting control over the shares held by both the trust and the foundation.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transfers. It doesn't convey any positive or negative sentiment about the company's performance or future prospects.

Industry Context

This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a change in the company's outlook or performance. It is common for executives to manage their holdings for personal financial planning, including charitable giving.

Key Dates