{"schema_version":"secwatch.filing_event.v1","accession":"0001671933-25-000122","form_type":"8-K","ticker":"TTD","cik":"0001671933","company_name":"Trade Desk, Inc.","filed_at":"2025-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.603527+00:00","generated_at":"2026-05-17T17:46:00.074838+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"The Trade Desk appoints Alex Kayyal as CFO, replacing Laura Schenkein","bullets":["Laura Schenkein steps down as CFO effective Aug 21, 2025, staying as non-executive through year-end.","Alex Kayyal, board member since Feb 2025 and ex-Lightspeed partner, becomes CFO effective Aug 21.","Kayyal's compensation: $600K base salary, $600K target bonus, $600K signing bonus, $400K relocation, $15M equity.","Kayyal will remain on the board while serving as CFO; resigns from special committee.","Transition is mutual agreement; Schenkein to support seamless handoff."],"urls":{"canonical":"https://secwatch.observer/filing/0001671933-25-000122","json":"https://secwatch.observer/filing/0001671933-25-000122.json","markdown":"https://secwatch.observer/filing/0001671933-25-000122.md","text":"https://secwatch.observer/filing/0001671933-25-000122.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1671933/000167193325000122/0001671933-25-000122-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1671933/000167193325000122/ttd-20250803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T17:46:00.074838+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}