RDDT (NYSE: RDDT) holder Benjamin Lee to sell 55,005 shares
Rhea-AI Filing Summary
Benjamin Lee has filed notice of intent to sell 55,005 shares of the issuer’s common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $12,018,592.50 and 137,824,835 shares outstanding.
The shares to be sold include 50,000 shares acquired on 12/16/2025 by exercising stock options for cash and 5,005 shares acquired as restricted stock units on 05/20/2025.
The filing also lists, under “10b5-1 Sales for BENJAMIN LEE,” a prior sale of 6,427 common shares on 11/24/2025 for gross proceeds of $1,238,333.79.
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FAQ
What does the RDDT Form 144 filing show about Benjamin Lee’s plans?
The filing shows that Benjamin Lee intends to sell 55,005 shares of the issuer’s common stock on or around 12/16/2025 through a broker on the NYSE.
How many RDDT common shares are planned to be sold and what is the market value?
The notice covers 55,005 common shares with an aggregate market value of $12,018,592.50, compared with 137,824,835 shares outstanding.
How were the RDDT shares in this Form 144 acquired by Benjamin Lee?
Of the shares to be sold, 50,000 were acquired on 12/16/2025 via an exercise of stock options for cash, and 5,005 were acquired as restricted stock units on 05/20/2025.
What prior RDDT share sales by Benjamin Lee are disclosed in the filing?
Under the entry labeled “10b5-1 Sales for BENJAMIN LEE”, the filing discloses a prior sale of 6,427 common shares on 11/24/2025 for $1,238,333.79 in gross proceeds.
Through which broker and on which exchange will the RDDT shares be sold?
The planned sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, with the common shares to be sold on the NYSE.
What does the Form 144 say about total RDDT shares outstanding?
The filing reports 137,824,835 common shares outstanding for the issuer, providing a baseline against which the planned 55,005-share sale can be viewed.