Vollero Andrew 4
4 · Trade Desk, Inc. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Trade Desk (TTD) Director Andrew Vollero Receives 12,220 RSUs
What Happened
Andrew Vollero, a director of Trade Desk, Inc. (TTD), received a grant of 12,220 restricted stock units (RSUs) on 2026-05-04. The RSUs were granted at a $0.00 per-unit price (no cash paid) and represent a contingent right to receive one share of Class A common stock for each vested unit. This was an award under the company’s director compensation program rather than an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-05-04 — Grant/Award (Code A) of 12,220 RSUs at $0.00 per unit (total reported value $0).
- Plan and purpose: Issued under the Issuer’s 2025 Incentive Award Plan pursuant to the Non-Employee Director Compensation Policy (annual director equity grant).
- Vesting: RSUs vest in four equal installments — at each of the next four quarterly board meetings or the next four quarterly anniversaries, with all remaining units vesting at the next annual meeting, subject to continuous board service.
- Shares owned after transaction: Not specified in this filing.
- Filing timeliness: Report filed 2026-05-06 for a 2026-05-04 grant — appears to be timely (Form 4 is generally filed within two business days).
Context
RSUs are a form of compensation that convert into actual shares only upon vesting; this grant does not immediately transfer tradable shares to the director. Director RSU grants are routine compensation and do not, by themselves, indicate a buy or sell signal.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2][F3]2026-05-04+12,220→ 24,524 total
Footnotes (3)
- [F1]Grant of restricted stock units under the Issuer's 2025 Incentive Award Plan. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.
- [F2]The restricted stock units vest in four equal installments at the earlier of, for each such installment, (i) the date of the Issuer's applicable regularly scheduled quarterly Corporate Board meeting for the next four quarters from the date of grant or (ii) the date of each of the next four corresponding quarterly anniversaries of the date of grant, provided all then unvested units shall vest in full on the date of the Issuer's next annual meeting of stockholders, all subject to the Reporting Person's continuous service as a member of the board of directors immediately prior to such date.
- [F3]The restricted stock units were issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy as an annual director equity grant.