8-KItem 5.02 · Officer/Director Change
Trade Desk grants CEO Jeff Green option for up to 7 million shares
Filed with the SEC on · Summarized by InvestorsBot
On September 14, 2026, The Trade Desk’s board approved a performance-based option for CEO and director Jeff Green to buy up to 7 million Class A shares at $14.97 each, the stock’s closing price that day. The shares vest in seven tranches if the stock’s average closing price reaches targets from $18 to $105 over a 20-trading-day period, subject to continued service and other conditions, creating a long-term incentive tied to stock-price performance.