Tawakol Omar 4
4 · Trade Desk, Inc. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Trade Desk Director Omar Tawakol Receives RSU Award
What Happened
Omar Tawakol, a director of Trade Desk, Inc. (TTD), was granted 12,220 restricted stock units (RSUs) on 2026-05-04. The Form 4 reports the acquisition at $0.00 per unit (total reported cost $0) — these RSUs are a non-cash equity award, not an open-market purchase or sale. Each RSU represents a contingent right to receive one share of Class A common stock upon vesting.
Key Details
- Transaction date: 2026-05-04 (Form 4 filed 2026-05-06).
- Transaction type/code: Award/Grant (A).
- Amount: 12,220 RSUs @ $0.00 (reported value $0 at grant).
- Shares owned after transaction: not specified in the provided filing.
- Vesting and terms (from footnotes): RSUs issued under the 2025 Incentive Award Plan as the annual director equity grant; each RSU equals one share on vesting. Vest in four equal installments at the earlier of the issuer’s quarterly board meetings for the next four quarters or the next four quarterly anniversaries of the grant date, with all unvested units vesting in full at the next annual meeting, subject to continuous board service. Issued under the Non‑Employee Director Compensation Policy.
- Filing timeliness: Form 4 filed two days after the grant date (appears timely under Form 4 rules).
Context
RSUs are deferred equity that convert to shares only when they vest; this grant does not involve an immediate cash outlay or sale of shares. Grants to non-employee directors are a routine part of director compensation and do not, by themselves, indicate the director is buying or selling based on company outlook.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2][F3]2026-05-04+12,220→ 19,038 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.