---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-382690"
form_type: "8-K"
ticker: "TTD"
cik: "0001671933"
company_name: "Trade Desk, Inc."
filed_at: "2026-09-04T10:03:23+00:00"
generated_at: "2026-09-04T10:05:05.927750+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trade Desk to cut ~15% of workforce; Q3 2026 charges of $39M-$51M

## Summary
- Announced organizational realignment, cutting workforce by approximately 15%.
- Estimated cash restructuring charges of $39M-$51M for severance and benefits in Q3 2026.
- Stock-based compensation reversal of approximately $4M-$5M offsets part of the charges.
- Plan substantially completed during Q3 2026; focused on efficiency and growth alignment.

## SEC filing metadata
- accession: 0001193125-26-382690
- form_type: 8-K
- ticker: TTD
- cik: 0001671933
- company_name: Trade Desk, Inc.
- filed_at: 2026-09-04T10:03:23+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1671933/000119312526382690/0001193125-26-382690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1671933/000119312526382690/d118889d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-382690
- JSON: https://secwatch.observer/filing/0001193125-26-382690.json
- Plain text: https://secwatch.observer/filing/0001193125-26-382690.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.