---
schema_version: "secwatch.filing_event.v1"
accession: "0001671933-25-000050"
form_type: "8-K"
ticker: "TTD"
cik: "0001671933"
company_name: "Trade Desk, Inc."
filed_at: "2025-04-09T23:59:59+00:00"
generated_at: "2026-05-23T18:23:07.266725+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Trade Desk director David Wells not seeking re-election; board to shrink to 7

## Summary
- David Wells informed board on April 3, 2025 he will not stand for re-election at the 2025 annual meeting.
- Wells served as director since December 2015 and was on audit and compensation committees.
- Kathryn E. Falberg appointed as chair of the audit committee effective upon Wells's departure.
- Board size reduced from 8 to 7 directors; Class III reduced from 3 to 2 directors.

## SEC filing metadata
- accession: 0001671933-25-000050
- form_type: 8-K
- ticker: TTD
- cik: 0001671933
- company_name: Trade Desk, Inc.
- filed_at: 2025-04-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1671933/000167193325000050/0001671933-25-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1671933/000167193325000050/ttd-20250403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001671933-25-000050
- JSON: https://secwatch.observer/filing/0001671933-25-000050.json
- Plain text: https://secwatch.observer/filing/0001671933-25-000050.txt

## Source-grounded claims
- claim_id: dd026bbd48
  claim: David Wells departed as Director at Trade Desk, Inc..
  evidence_excerpt: On April 3, 2025, David Wells informed The Trade Desk, Inc. (the “Company”) of his intent to not stand for re-election to the Company’s board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1671933/000167193325000050/0001671933-25-000050-index.htm

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