Trade Desk, Inc.: CAO & EVP Davis Tahnil R. received 513,313 shares

What happened Davis Tahnil R., chief accounting officer & EVP, reported cancellation (disposition to issuer) and contemporaneous grant/acquisition of repriced options totaling 513,313 shares (derivative transactions) on Oct 19, 2026. The repriced options carry an amended exercise price of $12.26 per share, set to the closing price on Oct 19, 2026.

Key details

• Transaction date: Oct 19, 2026. Form 4 filed Oct 21, 2026; the filing is not reported as late.
• Transaction types reported: multiple dispositions to the issuer (D) paired with grants/other acquisitions (A) reflecting an option repricing.
• Total shares/options affected: 513,313.
• New exercise price: $12.26 per share (per filing footnote).
• Vesting and grant dates (per footnotes): some repriced options were granted with vesting commencing Apr 24, 2023; Apr 23, 2024; Apr 15, 2025; and Mar 3, 2026 (vesting generally 1/48th per month). One option is noted as fully vested and exercisable.
• Exercise condition: to exercise the repriced options at the new price, the reporting person must remain in service through Apr 19, 2027, except for termination by the issuer without cause (per footnote).
• Shares owned after the transaction: not reported in this filing.

Why it may matter

• These were derivative transactions reflecting an option repricing (old options disposed, new options granted); they were not open-market purchases or sales of shares.
• The filing does not show why the insider traded or why the company acted.