Olmstead Nathan 4

What Happened

• Nathan Olmstead, Chief Financial Officer of Trade Desk (TTD), received two compensation awards on July 9, 2026: a restricted stock award for 246,062 shares and a derivative award (stock option) covering 439,753 shares. Both grants were recorded at $0.00 (no cash paid at grant).

Key Details

• Transaction date: July 9, 2026; filing date: July 13, 2026 (Form 4 reports the grants).
• Grant values on the form: $0.00 cash paid for each award (standard for compensation grants).
• Vesting (restricted stock award): Vested commencement date July 9, 2026; 1/4 of shares vest on August 15, 2027, then the remainder vests ratably over 12 quarters on each quarterly anniversary, subject to continued employment. (Footnote F1)
• Vesting (option/derivative): Option VCD July 9, 2026; 1/4 vests on the first anniversary, then 1/48 of the original grant vests on each monthly anniversary thereafter (typical multi-year vesting), subject to continued employment. (Footnote F2)
• Shares owned after transaction: Not specified in the filing.
• Transaction type: Award/grant (code A); this is a compensation grant, not an open-market buy or sale.

Context

• These are compensation grants tied to continued employment and future vesting schedules; they do not involve an immediate cash payment or sale of shares. The derivative entry reflects a stock option grant (not an exercise). Such awards are common for executive pay and don’t by themselves indicate an insider buying or selling stock in the open market.