Trade Desk Clarifies CEO's $5.2B Pay Plan in Response to Shareholder Suit
Wednesday, 3 April 2024, 18:31
Trade Desk Defends $5.2B Pay Plan
The Trade Desk Inc. responded to a shareholder suit challenging its CEO's $5.2 billion stock option grant. The company emphasized key differences between this grant and Elon Musk's compensation package at Tesla.
Distinguishing Factors:
- Significant Variation: The Trade Desk's grant is considerably lower than Musk's package.
- No Similarities: The two compensation plans are distinct in structure and value.
According to the company, these disparities justify the dismissal of the shareholder lawsuit.
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