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Reddit: Gale Trust proposes $384K share sale

The notice also reports two earlier sales by The Gale Trust: 3,000 shares for $300,000 on November 4, 2026, and 3,000 shares for $288,000 on November 3, 2026.

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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

Reddit, Inc. (RDDT) lists The Gale Trust’s proposed sale of 4,000 common shares, with an aggregate market value of $384,000 and an approximate sale date of November 6, 2026. Morgan Stanley Smith Barney LLC is listed as broker, and the issuer relationship is listed as “Director.” The shares were acquired January 4, 2022, through exercise of options under a registered plan. Mary Porter Gale signed as trustee.

Proposed sale 4,000 common shares The Gale Trust; approximate sale date November 6, 2026
Aggregate market value $384,000 Proposed sale by The Gale Trust
Shares outstanding 146,942,127 shares Reported in the proposed-sale information
Shares sold 3,000 shares November 4, 2026
Aggregate market value $300,000 Reported sale on November 4, 2026
Shares sold 3,000 shares November 3, 2026
Aggregate market value $288,000 Reported sale on November 3, 2026
Rule 144 regulatory
"sales required by paragraph (e) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
person regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Exercise of Options Under a Registered Plan financial
"Exercise of Options Under a Registered Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Reddit (RDDT) shares is The Gale Trust proposing to sell?

The notice lists a proposed sale of 4,000 common shares with an aggregate market value of $384,000 and an approximate sale date of November 6, 2026.

What recent Reddit (RDDT) share sales did The Gale Trust report?

The notice reports sales of 3,000 shares on November 4, 2026 for $300,000 and 3,000 shares on November 3, 2026 for $288,000.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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