RDDT insider trade: 18,000-option exercise followed by 18,000-share sale
Rhea-AI Filing Summary
Reddit, Inc. (RDDT) CEO and President reported insider transactions. On 10/15/2025, the reporting person exercised a stock option to acquire 18,000 shares of Class A common stock at an exercise price of $25.29 and then sold 18,000 shares in multiple trades, with weighted average sale prices ranging from $197.00 to $202.41. The sales were made pursuant to a Rule 10b5-1 trading plan adopted on May 19, 2025.
Following these transactions, indirect holdings stood at 494,104 Class A shares held by The XYZ Revocable Trust. Derivative securities beneficially owned following the transactions were 1,423,255 stock options.
Positive
- None.
Negative
- None.
Insights
Rule 10b5-1 planned trades: option exercise and matched sale.
Reddit (RDDT) disclosed that its CEO executed an option exercise and same-day sales under a prearranged Rule 10b5-1 plan. The filing lists an option exercise of 18,000 shares at an exercise price of $25.29, followed by sales totaling 18,000 shares at weighted average prices between $197.00 and $202.41.
After the transactions, indirect ownership in Class A common stock was 494,104 shares held via The XYZ Revocable Trust. The filing also reports 1,423,255 derivative securities remaining after the event. The plan was adopted on May 19, 2025, indicating trades were pre-scheduled.
Actual impact depends on the scale relative to float and future disclosures. The filing lists permitted activity and prices; timing beyond 10/15/2025 is not addressed in the excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 18,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 18,000 | $0.00 | -- |
| Sale | Class A Common Stock | 600 | $197.34 | $118K |
| Sale | Class A Common Stock | 400 | $198.88 | $80K |
| Sale | Class A Common Stock | 6,623 | $199.97 | $1.32M |
| Sale | Class A Common Stock | 6,436 | $200.81 | $1.29M |
| Sale | Class A Common Stock | 3,913 | $201.67 | $789K |
| Sale | Class A Common Stock | 28 | $202.41 | $6K |
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2025. The sales were executed in multiple trades at prices ranging from $197.00 to $197.99. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price within the ranges set forth in footnotes (2) to (6) to this Form 4. The sales were executed in multiple trades at prices ranging from $198.36 to $199.26. The sales were executed in multiple trades at prices ranging from $199.37 to $200.36. The sales were executed in multiple trades at prices ranging from $200.37 to $201.36. The sales were executed in multiple trades at prices ranging from $201.37 to $202.10. The option vests over five years on each quarterly anniversary of December 25, 2023, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.