Reorganization (Form 8-K)

On September 3, 2026, The Trade Desk, Inc. (the "Company") announced a plan to implement an organizational realignment as part of a company-wide effort to align resources with the Company's highest-priority growth opportunities, improve operational effectiveness and build a more focused, agile and scalable organization positioned for long-term growth.

The plan includes the elimination of positions and decreasing the Company's total workforce by approximately 15% and will be substantially completed during the third quarter of 2026. The Company estimates that it will incur cash restructuring and related charges of approximately $39 million to $51 million related to employee severance and benefits costs, partially offset by a reversal of approximately $4 million to $5 million related to stock-based compensation. It expects to recognize the accrual for these charges in the third quarter of 2026.

The Company may incur other charges or cash expenditures not currently contemplated due to unanticipated events that may occur as a result of or in connection with the implementation of the Company's plan. The Company will file an amended Current Report on Form 8-K if amounts differ materially from these estimates.