Vollero Andrew 4

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.