{"url_path":"/sec/ttd/8-k/2026-06-01/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-01","source_url":"https://www.sec.gov/Archives/edgar/data/1671933/0001671933-26-000063-index.html","accession_number":"0001671933-26-000063","cik":"0001671933","ticker":"TTD","issuer_name":"Trade Desk, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1671933/0001671933-26-000063-index.html","primary_entity_key":"0001671933","primary_entity_name":"Trade Desk, Inc."},"word_count":505,"has_tables":true,"body_markdown":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\nOn June 1, 2026, The Trade Desk, Inc. (the “Company”) announced the appointment of Nate Olmstead, age 54, as the Company’s chief financial officer. Mr. Olmstead’s appointment as the Company’s chief financial officer will be effective as of July 9, 2026. Mr. Olmstead will replace Tahnil Davis, who is acting as the Company’s interim chief financial officer. Ms. Davis will continue to serve as the Company’s chief accounting officer.\n\nMr. Olmstead will be joining the Company from Penguin Solutions, Inc., an artificial intelligence infrastructure and technology solutions company, where he has served as senior vice president and chief financial officer since June 2024. From June 2019 to February 2023, Mr. Olmstead served as the chief financial officer of Logitech International S.A., a multinational technology company. Mr. Olmstead initially joined Logitech in April 2019 as head of business finance before being appointed chief financial officer. Previously, Mr. Olmstead held a number of financial leadership roles during his 16 years at Hewlett Packard Company and Hewlett Packard Enterprise, a global technology company, including vice president of finance for global operations; vice president of finance, EG Global Supply Chain and Quality; vice president of finance, HP Storage and HP Converged Systems; and director of HP investor relations. He holds a B.A. in quantitative economics from Stanford University and an M.B.A. from Harvard Business School.\n\nThere are no arrangements or understandings between Mr. Olmstead and any other persons pursuant to which he was appointed as the chief financial officer of the Company. There are no family relationships between Mr. Olmstead and any director, executive officer or any person nominated or chosen by the Company to become a director or executive officer. No information is required to be disclosed with respect to Mr. Olmstead pursuant to Item 404(a) of Regulation S‑K.\n\nThe Company also entered into an offer letter and an employment agreement with Mr. Olmstead, and will enter into its standard form of indemnification agreement with Mr. Olmstead. The offer letter with Mr. Olmstead provides for, among other things, a grant of a time-based restricted stock award for shares of the Company’s Class A common stock, par value $0.000001 per share (the “Class A Common Stock”), and a stock option to purchase shares of Class A Common Stock, with an aggregate target equity amount of $10.0 million. The employment agreement provides for, among other things, (i) a base salary of $600,000, (ii) an initial target annual bonus of $600,000 and (iii) a signing bonus of $600,000.\n\nThe foregoing summary of the offer letter and employment agreement does not purport to be complete and is qualified in its entirety by the full text of the offer letter and employment agreement, copies of which will be filed with the Company’s Quarterly Report on Form 10-Q for the quarterly period ending June 30, 2026.\n\nA copy of the press release announcing the chief financial officer appointment is attached hereto as Exhibit 99.1."}