On May 27, 2025, The Trade Desk, Inc. (NASDAQ: TTD), a leader in programmatic advertising technology, held its 2025 Annual Meeting of Stockholders. This event was marked by robust shareholder participation and decisive voting outcomes, underscoring the company’s commitment to strong corporate governance and strategic incentivization.
Key statistics and outcomes from the meeting include:
Shareholder Participation: 411,758,014 shares represented, accounting for 792,210,676 votes, well above the quorum threshold of 50% of total votes.
Outstanding Shares as of March 31, 2025: 491,569,276 shares, comprising 448,266,598 Class A shares and 43,302,678 Class B shares; Class B shares carry 10 votes each, amplifying governance influence.
Vote Highlights:
Election of Class III Directors:
Lise J. Buyer: 584,832,097 votes for, 137,866,713 withheld.
Kathryn E. Falberg: 679,596,285 votes for, 43,102,525 withheld.
Approval of the 2025 Incentive Award Plan: Approved with 534,218,913 votes for; 187,927,584 against.
Advisory Vote on Executive Compensation: Approved with 647,533,115 votes for; 74,434,862 against.
Ratification of PricewaterhouseCoopers LLP as Independent Auditor: Overwhelmingly approved with 788,055,457 votes for; 3,801,560 against.
These governance actions align with The Trade Desk’s strategic priorities expressed in recent earnings calls, especially their focus on enhancing AI-driven audience targeting and scaling their programmatic advertising platform. The approval of the updated Incentive Award Plan signals a renewed commitment to aligning executive compensation with long-term shareholder value.
While the 8-K filing reports no immediate financial statement impacts, these governance decisions are foundational to The Trade Desk’s continued operational success and market position.
Investors should continue monitoring subsequent financial disclosures to gauge the impact of these decisions on The Trade Desk’s growth trajectory.
Source Document: The Trade Desk 8-K Filing May 27 2025