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.
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.