Reddit CLO has 3,886 shares withheld for taxes
Reddit, Inc. Chief Legal Officer Lee Benjamin Seong reported a routine tax-related share withholding.
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Rhea-AI Filing Summary
Reddit, Inc. Chief Legal Officer Lee Benjamin Seong reported a routine tax-related share withholding. On May 20, 2026, 3,886 shares of Reddit Class A common stock were withheld by the company at an indicated price of $154.88 per share to cover his tax withholding obligations. The footnote clarifies this was not a market sale but a payment of tax liability using shares. After this transaction, Seong directly holds 75,423 Reddit Class A shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 3,886 | $154.88 | $602K |
Footnotes (1)
- F1. These shares were withheld by the Issuer to satisfy the reporting person's tax withholding obligations. Not a market sale.
Key Figures
Key Terms
tax withholding obligations financial
Class A Common Stock financial
non-derivative financial
tax-withholding disposition financial
FAQ
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What insider transaction did Reddit (RDDT) disclose for Lee Benjamin Seong?
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