Trade Desk, Inc. (TTD) Form 8-K — Oct 20, 2026
The Trade Desk stockholders approved an option repricing at a special meeting on October 19, 2026, cutting the exercise price of eligible underwater options to $12.26, the closing price that day. The repricing covers options under the 2025 Incentive Award Plan held by employees and executive officers, but excludes non-employee directors, ISOs, and the market-based performance options granted to CEO Jeff Green in 2021 and 2026. Options repriced will revert to their original higher exercise prices if the holder quits or exercises before April 19, 2027 — a retention hook.
Key figures
- Reversion deadline
- April 19, 2027
- Votes for proposal one
- 441097211
- Repriced exercise price
- 12.26
- Total shares outstanding
- 472795104
- Shares class a outstanding
- 429686475
- Shares class b outstanding
- 43108629
- Votes against proposal one
- 232477009
AI analysis
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