STOCK TITAN

Insider exercise and 10b5-1 sales at RDDT (RDDT) reported in Form 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Registrant reported proposed and completed Rule 144 sales and an option exercise by insiders and related holders. The filing lists a 06/16/2026 exercise of 78,333 shares through issuer cash exercise and multiple 10b5-1 sales by Jennifer Wong and Morma Trust: 39,167 shares on 05/18/2026, 39,167 shares on 04/16/2026, 33,507 shares on 03/18/2026, and 5,658 shares on 03/18/2026.

The transactions are presented as routine disposition mechanics under Rule 144 and 10b5-1 plans; the filing documents share counts and gross consideration for each sale.

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 144/10b5-1 sales and an option exercise reported; no allegation of misconduct.

The filing lists an exercise of 78,333 shares on 06/16/2026 and four 10b5-1 sale entries showing specific share counts and gross proceeds. These are transactional disclosures required by regulation.

Cash‑flow treatment for sales and the exercise is stated per row; timing and plan mechanics are shown by the 10b5-1 labels. Subsequent filings would state any further dispositions.

Option exercise 78,333 shares Exercise of Stock Options on <date>06/16/2026</date>
10b5-1 sale (May) 39,167 shares Sale on <date>05/18/2026</date> for <b>$6,208,960.43</b>
10b5-1 sale (Apr) 39,167 shares Sale on <date>04/16/2026</date> for <b>$6,324,087.90</b>
10b5-1 sale (Mar, Jennifer Wong) 33,507 shares Sale on <date>03/18/2026</date> for <b>$4,805,238.87</b>
10b5-1 sale (Mar, Morma Trust) 5,658 shares Sale on <date>03/18/2026</date> for <b>$811,440.37</b>
Rule 144 regulatory
"144: Securities To Be Sold"
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.
10b5-1 regulatory
"10b5-1 Sales for JENNIFER WONG"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Exercise of Stock Options financial
"Common | 06/16/2026 | Exercise of Stock Options"
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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

FAQ

What transactions does the RDDT Form 144 report?

The filing shows a 06/16/2026 exercise of 78,333 shares and multiple 10b5-1 sales: 39,167 (05/18/2026), 39,167 (04/16/2026), 33,507 and 5,658 (both 03/18/2026). These rows include gross proceeds per sale.

Who effected the 10b5-1 sales disclosed in the filing?

The sales listed were executed under 10b5-1 plans by Jennifer Wong and Morma Trust, with specific rows naming each seller and share counts on the listed dates.

Does the filing show proceeds received from the sales?

Yes. Each sale row lists gross consideration: for example, the 05/18/2026 sale of 39,167 shares shows $6,208,960.43 and other sale rows include their respective gross amounts.

Was cash used or received for the 06/16/2026 option exercise?

The filing records the 06/16/2026 event as an Exercise of Stock Options with method labeled Cash, indicating cash was used to effect the exercise.

Are these filings indicative of insider misconduct?

The entries are labeled as Rule 144 and 10b5-1 transactions and show counts and proceeds. These are regulatory disclosure mechanics; the filing contains no assertions of wrongdoing or allegations.

Where can I find the exact gross proceeds for each sale in the filing?

Each sale line pairs share counts with gross proceeds; examples include $6,208,960.43 for 39,167 shares on 05/18/2026 and $6,324,087.90 for 39,167 shares on 04/16/2026.