Trade Desk (TTD) Chief Legal Officer Jay R. Grant Withholds Shares for Taxes

What Happened

• Jay R. Grant, Chief Legal Officer of Trade Desk (TTD), had a total of 13,355 shares withheld on Aug 15, 2026 to satisfy tax withholding obligations tied to partial vesting of restricted stock awards. The withholdings occurred in four lots at an effective price of $14.14 per share, totaling $188,840 (2,652 shares / $37,499; 2,076 / $29,355; 2,848 / $40,271; 5,779 / $81,715). These were tax-withholding dispositions (code F), not open-market sales.

Key Details

• Transaction date: Aug 15, 2026; Form filed Aug 18, 2026.
• Price per share reported: $14.14.
• Shares withheld (total): 13,355; total value reported: $188,840.
• Shares owned after transaction: Not reported in the provided filing excerpt.
• Footnotes: Withholdings correspond to partial vesting of Restricted Stock Awards granted on Apr 24, 2023 (F1), Apr 23, 2024 (F2), Apr 15, 2025 (F3), and Mar 3, 2026 (F4).
• Transaction code: F = shares withheld to satisfy tax withholding obligations on vested awards.
• Filing timeliness: Form shows filing on Aug 18, 2026 for Aug 15 transactions; check the SEC filing page for any late-filing designation.

Context

• This was a routine tax-withholding action tied to restricted stock vesting (not a discretionary open-market sale or purchase). Such withholdings are common when restricted shares vest and do not by themselves indicate bullish or bearish insider sentiment.