TTD.NASDAQTrade Desk, INC

Form 4: Trade Desk Executive Samantha Jacobson Reports Stock Disposals to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Samantha Jacobson, Chief Strategy Officer at Trade Desk, Inc., reported the disposal of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

  • On February 15, 2025, Samantha Jacobson, Chief Strategy Officer of Trade Desk, Inc., reported the disposal of several blocks of Class A Common Stock.
  • These disposals were executed to cover tax withholding obligations associated with the vesting of restricted stock unit awards.
  • The sales were conducted at a price of $80.16 per share.
  • A total of 2,499 shares were disposed of across five separate transactions.
  • Following these transactions, Jacobson still beneficially owns 88,215 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions for tax purposes, and doesn't indicate any significant positive or negative sentiment.

Industry Context

Executive stock transactions are a normal part of corporate governance and compensation practices. Disposals to cover tax obligations are common when restricted stock units vest.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders, as they are related to tax obligations and do not represent a fundamental change in the executive's outlook on the company.

Key Dates

DateDescription
March 17, 2021Date of grant for one of the Restricted Stock Unit Awards.
March 2, 2022Date of grant for one of the Restricted Stock Unit Awards.
April 26, 2022Date of grant for one of the Restricted Stock Unit Awards.
April 24, 2023Date of grant for one of the Restricted Stock Unit Awards.
April 23, 2024Date of grant for one of the Restricted Stock Unit Awards.
02/15/2025Date of stock disposal transactions.
02/19/2025Date of signature on the Form 4 filing.

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