secwatch.observer — SEC 8-K summary
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Issuer:     Trade Desk, Inc. (TTD)
CIK:        0001671933
Form:       8-K
Filed at:   2026-09-14T22:55:12+00:00
Accession:  0001671933-26-000099
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

TTD grants CEO Jeff Green performance options on up to 7M shares at $14.97 strike
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- Grant approved Sep 14, 2026; exercise price $14.97, option term 10 years.
- Seven tranches vest on 20-day average closing prices: $18/$30/$45 (1.2M each), $60 (1M), $75/$90/$105 (800k each).
- Vesting requires continued CEO service or Board-determined service; Change in Control triggers vesting with linear interpolation.
- Qualifying termination extends vesting 9 months; clawback applies if restatement follows gross misconduct.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1671933/000167193326000099/0001671933-26-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1671933/000167193326000099/ttd-20260914.htm
  HTML page:      https://secwatch.observer/filing/0001671933-26-000099

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer