---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-050550"
form_type: "8-K"
ticker: "TTD"
cik: "0001671933"
company_name: "Trade Desk, Inc."
filed_at: "2021-10-08T23:59:59+00:00"
generated_at: "2026-06-28T21:55:15.828682+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# The Trade Desk grants CEO Jeff Green performance-based option for up to 16M shares with $90-$340 targets

## Summary
- Grant of performance stock option to CEO Jeff Green for up to 16 million shares at $68.29 exercise price.
- Vesting in eight tranches over 10 years based on stock price targets: $90 to $340 per share.
- Share count per tranche adjustable by up to 20% based on TSR relative to Nasdaq-100 Index.
- All vested shares subject to a one-year holding period; exceptions for taxes, estate, charity.
- Employment agreement amended to modify definitions of 'Cause' and 'Good Reason' consistent with award.

## SEC filing metadata
- accession: 0001564590-21-050550
- form_type: 8-K
- ticker: TTD
- cik: 0001671933
- company_name: Trade Desk, Inc.
- filed_at: 2021-10-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1671933/000156459021050550/0001564590-21-050550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1671933/000156459021050550/ttd-8k_20211006.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-050550
- JSON: https://secwatch.observer/filing/0001564590-21-050550.json
- Plain text: https://secwatch.observer/filing/0001564590-21-050550.txt

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