Davis Tahnil R. 4
Research Summary
AI-generated summary
Trade Desk (TTD) CAO Davis Tahnil Withholds Shares for Taxes
What Happened
- Davis Tahnil R., Chief Accounting Officer and Interim Chief Financial Officer of Trade Desk (TTD), had 3,500 shares withheld on February 15, 2026 to satisfy tax withholding obligations tied to partial vesting of restricted stock units (RSUs). The shares were withheld at $25.81 per share, for a total value of approximately $90,334.
- Breakdown by withholding: 603 shares ($15,563), 301 shares ($7,769), 887 shares ($22,893), 741 shares ($19,125), and 968 shares ($24,984). These are reported as dispositions (code F — tax withholding).
Key Details
- Transaction date: 2026-02-15; reported on Form 4 filed 2026-02-18 (timely filing).
- Price: $25.81 per share for all withheld lots.
- Shares withheld total: 3,500; aggregate value ≈ $90,334.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: Withholdings were elected by the reporting person to satisfy tax obligations for partial vesting of RSUs from awards granted on Mar 2, 2022 (F1); Apr 26, 2022 (F2); Apr 24, 2023 (F3); Apr 23, 2024 (F4); and Apr 15, 2025 (F5).
- Transaction code: F (shares withheld to satisfy tax withholding).
Context
- This was a tax-withholding disposition related to RSU vesting — a routine administrative transaction rather than an open-market sale or purchase. Such withholdings do not necessarily indicate insider sentiment about the company’s stock.