Trade Desk Announces Board & Executive Compensation Changes

Ticker: TTD · Form: 8-K · Filed: 2025-04-09T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

Related Tickers: TTD

TL;DR

Trade Desk board shakeup and exec pay adjustments filed.

AI Summary

On April 3, 2025, The Trade Desk, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing indicates the departure of certain directors and the election of new ones, alongside updates to compensatory arrangements for key officers.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in board and executive compensation can sometimes precede or reflect significant strategic shifts or internal dynamics that may affect the company's future.

Key Numbers

Key Players & Entities

FAQ

Who are the specific directors departing from The Trade Desk, Inc.?

The filing does not specify the names of the departing directors, only that there was a departure of 'Directors or Certain Officers'.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on April 3, 2025.

What is the exact address of The Trade Desk, Inc.'s principal executive offices?

The principal executive offices are located at 42 N. Chestnut Street, Ventura, California 93001.

What is the company's state of incorporation?

The Trade Desk, Inc. is incorporated in Nevada.

What specific items are covered by this 8-K filing?

This 8-K covers the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; and Compensatory Arrangements of Certain Officers.

From the Filing

0001671933-25-000050.txt : 20250409 0001671933-25-000050.hdr.sgml : 20250409 20250409161534 ACCESSION NUMBER: 0001671933-25-000050 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250403 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250409 DATE AS OF CHANGE: 20250409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Trade Desk, Inc. CENTRAL INDEX KEY: 0001671933 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology EIN: 271887399 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37879 FILM NUMBER: 25825378 BUSINESS ADDRESS: STREET 1: 42 N. CHESTNUT STREET CITY: VENTURA STATE: CA ZIP: 93001 BUSINESS PHONE: (805) 585-3434 MAIL ADDRESS: STREET 1: 42 N. CHESTNUT STREET CITY: VENTURA STATE: CA ZIP: 93001 8-K 1 ttd-20250403.htm 8-K ttd-20250403 0001671933 false 0001671933 2025-04-03 2025-04-03 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM  8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported):  April 3, 2025 THE TRADE DESK, INC. (Exact name of registrant as specified in its charter) Nevada 001-37879 27-1887399 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 42 N. Chestnut Street Ventura ,  California   93001 (Address of principal executive offices) (Zip Code) ( 805 )  585-3434 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)  o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)  o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Class A Common Stock, par value $0.000001 per share TTD The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  o Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  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 (the “Board”) at the Company’s 2025 annual meeting of stockholders. Mr. Wells has served as a member of the Board since December 2015. The Board thanks Mr. Wells for his years of service to the Company as a director and a member of the audit committee and the compensation committee of the Board. The Board intends to appoint Kathryn E. Falberg to the audit committee of the Board to serve as its chairperson. Effective immediately upon the ce

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