Davis Tahnil R. 4

What Happened
Davis Tahnil, Chief Accounting Officer and Interim CFO of Trade Desk (TTD), had a total of 6,582 shares disposed on May 15, 2026 via tax-withholding to satisfy tax obligations tied to equity awards and an ESPP purchase. The shares were recorded at $21.15 per share, producing total proceeds of approximately $139,209. The withholding covered partial vesting of restricted stock/unit awards and included shares acquired through the Employee Stock Purchase Plan.

Key Details

• Transaction date: May 15, 2026; price: $21.15 per share.
• Breakdown of withheld/disposed shares and values:
  • 262 shares — $5,541
  • 861 shares — $18,210 (includes 622 ESPP shares per footnote)
  • 741 shares — $15,672
  • 968 shares — $20,473
  • 3,750 shares — $79,313
• Reason: Shares were withheld at the reporting person's election to satisfy tax withholding in connection with partial vesting of RSU/stock awards and ESPP acquisition (footnotes reference awards from 2022–2026 and 622 ESPP shares).
• Shares owned after the transaction: not specified in the information provided; see the filed Form 4 for post-transaction holdings.
• Filing timeliness: Report filed May 19, 2026 for a May 15 transaction — this is four days later and appears to exceed the typical 2-business-day Form 4 deadline.

Context
These disposals are tax-withholding actions (transaction code F), not open-market sales, and are common when restricted awards vest or ESPP shares are purchased. Such withholdings are routine administrative transactions and do not by themselves indicate the insider's view on the company.