Form 4: Trade Desk Executive Jay R. Grant Reports Stock Transactions
SEC Form 4 Filing
Jay R. Grant, Chief Legal Officer of Trade Desk, Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock awards.
Summary
- On May 15, 2025, Jay R. Grant, the Chief Legal Officer of Trade Desk, Inc., had shares of Class A Common Stock withheld to cover tax obligations.
- These withholdings were related to the vesting of restricted stock awards granted on April 28, 2021, April 26, 2022, April 24, 2023 and April 23, 2024.
- A total of 7,734 shares were withheld at a price of $77.5.
- Grant also acquired 390 shares through the Employee Stock Purchase Plan on May 15, 2025.
- Following these transactions, Grant beneficially owns 238,573 shares of Class A Common Stock.
Sentiment
Score: 6
Explanation: The document reflects routine transactions related to executive compensation. It's neutral in sentiment as it simply reports required information.
Positives
- Grant's participation in the Employee Stock Purchase Plan indicates confidence in the company's future.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. They are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/28/2021 | Date of Restricted Stock Award grant related to tax withholding. |
| 04/26/2022 | Date of Restricted Stock Award grant related to tax withholding. |
| 04/24/2023 | Date of Restricted Stock Award grant related to tax withholding. |
| 04/23/2024 | Date of Restricted Stock Award grant related to tax withholding. |
| 05/15/2025 | Date of stock transactions (withholding for taxes and ESPP purchase). |
| 05/19/2025 | Date of Form 4 filing. |
Keywords
Trade Desk, Jay R. Grant, Form 4, Stock Transactions, Restricted Stock Award, Tax Withholding, Beneficial Ownership, Employee Stock Purchase Plan
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