Form 4: Trade Desk Officer Jay R. Grant Adjusts Holdings

Jay R. Grant, Chief Legal Officer at The Trade Desk, Inc., reported transactions involving Class A Common Stock, including shares withheld for tax obligations and acquisitions through the Employee Stock Purchase Plan.

Summary

• Jay R. Grant, Chief Legal Officer of The Trade Desk, Inc., reported several transactions on May 15, 2026.
• These transactions involved Class A Common Stock.
• A total of 1,288 shares were withheld to cover tax obligations related to a Restricted Stock Award granted on April 26, 2022.
• Additionally, 621 shares were acquired through the Employee Stock Purchase Plan on the same date.
• Further shares were withheld for tax purposes from other Restricted Stock Awards granted on April 24, 2023 (1,932 shares), April 23, 2024 (1,514 shares), April 15, 2025 (2,076 shares), and March 3, 2026 (5,754 shares).
• Following these transactions, Mr. Grant beneficially owns 359,097 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions related to compensation and tax obligations rather than significant strategic shifts or performance indicators.

Positives

• Acquisition of 621 shares through the Employee Stock Purchase Plan indicates continued participation in company stock ownership.
• The withholding of shares for tax obligations is a standard procedure for vested stock awards, suggesting successful vesting events.

Negatives

• Withholding of a significant number of shares (totaling 10,530 shares across multiple awards) for tax purposes reduces the immediate net shares received by the reporting person.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for company insiders and reflect standard compensation and equity management practices within the technology and advertising sectors.

Stakeholder Impact

• Shareholders: The transactions do not indicate a change in beneficial ownership that would significantly impact control or voting power. The withholding of shares for taxes is a standard operational event.
• Employees: The acquisition of shares through the ESPP suggests continued employee engagement and investment in the company.
• Management: The transactions reflect the standard compensation and equity management practices for executive officers.

Key Dates

Keywords

Form 4, SEC Filing, Insider Trading, The Trade Desk, TTD, Jay R. Grant, Class A Common Stock, Restricted Stock Award, Employee Stock Purchase Plan, Tax Withholding