Form 4: Trade Desk Executive Samantha Jacobson Reports Stock Disposals to Cover Tax Obligations
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
| Date | Description |
|---|---|
| March 17, 2021 | Date of grant for one of the Restricted Stock Unit Awards. |
| March 2, 2022 | Date of grant for one of the Restricted Stock Unit Awards. |
| April 26, 2022 | Date of grant for one of the Restricted Stock Unit Awards. |
| April 24, 2023 | Date of grant for one of the Restricted Stock Unit Awards. |
| April 23, 2024 | Date of grant for one of the Restricted Stock Unit Awards. |
| 02/15/2025 | Date of stock disposal transactions. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
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