Reddit (NYSE: RDDT) shares set for sale by Sauerberg trust
Rhea-AI Filing Summary
Reddit, Inc. (symbol RDDT) has a notice of proposed sale under Rule 144 filed for shares held for the account of the Robert A. Sauerberg Jr 2002 Revocable Trust. The notice covers the potential sale of 5,128 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE.
The shares relate to restricted stock vesting under a registered plan, with acquisition and vesting dated May 30, 2025, in connection with services rendered. The proposed sale date listed is August 25, 2026, and no sales are reported as having occurred in the prior three months.
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Key Figures
Shares to be sold: 5,128 shares of common stock
Aggregate market value: $820,070.27
Proposed sale date: 08/25/2026
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5 metrics
Shares to be sold
5,128 shares of common stock
Amount of Reddit, Inc. common stock covered by the Rule 144 notice
Aggregate market value
$820,070.27
Stated market value for 5,128 shares covered by the notice
Proposed sale date
08/25/2026
Date associated with the proposed sale of shares on the NYSE
Shares acquired
5,128 shares
Restricted stock vesting under a registered plan on 05/30/2025
Acquisition/vesting date
05/30/2025
Date of restricted stock vesting for services rendered
Key Terms
Rule 144, restricted stock, registered plan, services rendered
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) 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.
restricted stock financial
"Restricted Stock Vesting Under a Registered Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
registered plan financial
"Restricted Stock Vesting Under a Registered Plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
services rendered financial
"Services Rendered"
FAQ
Who is the beneficial holder in the Reddit (RDDT) Form 144 filing?
The shares are held for the account of the Robert A. Sauerberg Jr 2002 Revocable Trust, with the Form 144 signed by Robert A. Sauerberg as Trustee.
AI-generated analysis. How Rhea-AI works. Not financial advice.