RDDT Form 144 shows $16.8M planned insider stock sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Reddit, Inc. (RDDT) received a Form 144 notice indicating an planned sale of 91,464 shares of common stock. The shares are to be sold through Morgan Stanley Smith Barney LLC with an stated aggregate market value of $16,781,814.72, against 137,824,835 shares of common stock outstanding, with an approximate sale date of 11/24/2025 on the NYSE.
The seller, identified in related tables as Christopher Brian Slowe, acquired these shares through a mix of stock option exercises and restricted stock units in 2024 and 2025. Over the prior three months, a Rule 10b5-1 plan was used for five separate sales of 14,000 shares each, generating multimillion-dollar gross proceeds.
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FAQ
What does the RDDT Form 144 filing disclose?
The filing discloses a planned sale of 91,464 shares of Reddit, Inc. common stock under Rule 144, with an approximate sale date of 11/24/2025 on the NYSE.
Which broker is handling the planned Reddit (RDDT) Form 144 sale?
The planned sale of 91,464 Reddit common shares is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York, NY.
What prior Reddit (RDDT) stock sales are disclosed in the last 3 months?
Over the past three months, a Rule 10b5-1 plan for Christopher Brian Slowe shows five sales of 14,000 Reddit common shares each, with gross proceeds ranging from $2,759,343.40 to $3,601,939.60.