February 14, 2025 · Form 4 insider transaction
Kayyal Alex bought 57 shares of The Trade Desk, Inc. at $120.54 per share, a transaction worth $6.9K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.
Grant of restricted stock units under the Issuer's 2016 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A common stock.; The restricted stock units will vest in full on May 28, 2025 or, if earlier, the date of the Issuer's applicable regularly scheduled quarterly Corporate Board meeting provided all then unvested shares 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.; This price represents the average closing stock price for a share of the Issuer's Class A Common Stock for forty-five consecutive trading days ending on, and including, the grant date. This price was used to calculate the number of restricted stock units granted.; These restricted stock units were issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy in lieu of director retainer and meeting fees of $25,000, prorated from the date of grant to the date of the Issuer's next annual meeting of stockholders.