GRANT JAY R

TTD Chief Legal Officer sells 51,290 shares for $4,676,678.90; stock down 61.9% from 52-week high, 29.4% in 30 days.

Jay R Grant, Chief Legal Officer of Trade Desk Inc., executed 4 separate sales totaling 51,290 shares for $4,676,678.90 at a blended average price of $91.18 on 2025-08-07, reducing his holdings by 19.0%. The timing of this substantial liquidation is notable given that TTD's stock has collapsed 61.9% from its 52-week high of $139.51 and fallen 29.4% over the prior 30 days alone. Across his prior 5 sales at TTD (all in December 2024), Grant demonstrated a pattern of well-timed exits: 5 of 5 prior sells showed negative 90-day returns (ranging from -52.9% to -53.4%), meaning the stock declined after each sale. His cumulative cross-ticker track record shows 20 prior sells with a well-timed rate of 31.58%, indicating above-random accuracy in selling before downturns. This current sale—occurring after the stock is already down substantially—warrants evaluation in the context of whether it signals a continued view that further weakness may follow, or merely represents portfolio rebalancing at depressed valuations where fundamentals (25.6% annual revenue growth, $694.0M quarterly revenue, P/E of 66.48) do not yet match valuation.

Chief Legal Officer Jay Grant sold 18,524 shares of Trade Desk at blended avg $119.35 on 2024-12-30; holds 169,464 shares post-transaction.

GRANT JAY R executed 6 separate sales totaling 18,524 shares for $2,210,754.71 on 2024-12-30, reducing his holding by 9.9%. The blended average price was $119.35 versus the current price of $117.73, placing the sale near recent market levels but at the upper end of the 30-day window (stock declined 15.4% over the prior 30 days). His prior five sales at TTD in September 2024 were all followed by positive 90-day returns (ranging from 11.0% to 12.7%), with a timing pattern where none of those sells proved well-timed—the stock rallied after each. This December sale occurs at substantially elevated valuation (P/E of 318.19) against a backdrop of strong fundamentals: $628.0M latest-quarter revenue, +23.3% annual growth, and $94.2M net income, yet the 52-week price has retraced 15.6% from its high of $139.51. The disposition provides no evidence of conviction-based decision-making and remains consistent with the insider's documented pattern at this ticker of selling into strength.

Chief Legal Officer Jay R Grant sells 20.6K shares for $2.2M at TTD on 2024-09-30

Jay R Grant, Chief Legal Officer, executed 6 separate sales totaling 20,579 shares for $2,235,926.18 on 2024-09-30, reducing his stake by 10.3%. The blended average transaction price of $108.65 aligns closely with the current price of $108.71, placing the sale near the 52-week high of $110.79. Notably, his prior trades at TTD show a consistent pattern: 5 prior sales all posted positive 90-day returns (ranging +11.2% to +13.4%), with 0 of 5 well-timed at the 90-day mark, meaning the stock rose after each sale. This recurring pattern—selling and then watching the stock appreciate—contrasts with his broader cross-ticker track record, which shows 9 prior sells with an average 90-day return of +12.2% and a 0.00% well-timed rate, also indicating poor timing on sells historically. The filing warrants observation of whether this newest sale represents a departure from established pattern or a continuation of poorly-anticipated market strength.

Chief Legal Officer Jay R Grant sold 141,434 shares for $13,778,463.03 on 2024-06-28, reducing holdings by 42.9%

Jay R Grant, Chief Legal Officer of Trade Desk, executed 7 separate sales totaling 141,434 shares for $13,778,463.03 on 2024-06-28 at blended average price $97.42, reducing his position from 329,670 to 188,236 shares. His cross-ticker track record shows 2 prior sells with 100.00% well-timed rate at the 90-day mark, and at TTD specifically, both prior 2023 sells were well-timed with negative 90-day returns (-3.7% and -5.8%). The current price of $98.34 is -0.9% from the 52-week high of $99.25, and the stock has risen +6.0% over 30 days and +13.1% over 90 days, suggesting the recent momentum has outpaced his historical sell-timing pattern. The substantial scale of this reduction—nearly 43% of prior holdings—combined with the insider's demonstrated ability to sell before declines warrants attention, though the magnitude of recent gains and proximity to 52-week highs complicate the signal.