GRANT JAY R 4

What Happened
Jay R. Grant, Chief Legal Officer of Trade Desk (TTD), had a total of 12,564 shares withheld on May 15, 2026 to satisfy tax withholding obligations related to partial vesting of restricted stock awards and an Employee Stock Purchase Plan (ESPP) purchase. The shares were recorded as disposed at $21.15 per share, producing gross proceeds of $265,728 (sum of five withholding transactions: 1,288; 1,932; 1,514; 2,076; 5,754 shares). These transactions are tax-withholding dispositions (Form 4 code F), not open-market sales.

Key Details

• Transaction date: May 15, 2026; filing date: May 19, 2026 (filed 4 days after the transactions). This appears late relative to the standard 2-business-day Form 4 deadline.
• Price: $21.15 per share.
• Total shares withheld/disposed: 12,564; total value reported: $265,728.
• Notable footnotes: withholdings relate to partial vesting of Restricted Stock Awards granted April 26, 2022; April 24, 2023; April 23, 2024; April 15, 2025; March 3, 2026; and include 621 shares acquired through the ESPP on May 15, 2026.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.

Context
Code F transactions represent shares withheld by the company to satisfy tax obligations on vesting awards (a routine administrative action). Because these shares were withheld rather than sold on the open market, they generally do not convey the same trading signal as voluntary sales or purchases by an insider.