Reddit (RDDT) insider files Form 144 to sell 8,413 shares on NYSE
Rhea-AI Filing Summary
Reddit, Inc. filed a notice of proposed insider sale under Rule 144. The filing covers the potential sale of 8,413 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $2,053,192.65 as stated in the form. The issuer reports that 137,824,835 shares of common stock were outstanding, providing context for the size of this prospective sale.
The shares to be sold were acquired on 11/20/2025 as restricted stock units from the issuer, in the same amount of 8,413 shares, with the form describing the payment nature as “N/A.” The approximate date of sale listed is 01/06/2026, and the form includes the standard representation that the seller does not know of any undisclosed material adverse information about the issuer’s operations.
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FAQ
What does Reddit (RDDT) disclose in this Form 144 filing?
The filing is a notice of proposed sale of securities under Rule 144 for Reddit, Inc. It indicates that 8,413 shares of common stock may be sold on the NYSE through Morgan Stanley Smith Barney LLC, with an aggregate market value of $2,053,192.65 as stated in the document.
How many Reddit (RDDT) shares are proposed to be sold and on which exchange?
The notice covers a proposed sale of 8,413 shares of Reddit common stock. The form lists the approximate date of sale as 01/06/2026 and names the NYSE as the securities exchange.
How were the Reddit (RDDT) shares in this Form 144 acquired?
The shares were acquired as restricted stock units from the issuer on 11/20/2025. The amount acquired was 8,413 shares, matching the number proposed to be sold, and the nature of payment is recorded as “N/A.”
What does the Form 144 say about Reddit (RDDT) shares outstanding?
The securities information section states that the number of Reddit common shares outstanding is 137,824,835. This figure gives context for the relative size of the 8,413 shares covered by this notice.
Which broker is handling the proposed Reddit (RDDT) share sale in this Form 144?
The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as the broker for the proposed sale on the NYSE.
What representation does the seller make in Reddit’s (RDDT) Form 144?
The form includes a statement that the person for whose account the securities are to be sold does not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.