[Form 4] Reddit, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Reddit, Inc. (RDDT) CEO and President, who is also a director and 10% owner, reported equity transactions involving Class A and Class B shares held through The XYZ Revocable Trust. On 11/20/2025, 2,879 shares of Class B Common Stock were converted into 2,879 shares of Class A Common Stock at a stated conversion price of $0, reflecting the one-to-one convertibility of Class B into Class A. On the same date, 40,261 shares of Class A Common Stock were disposed of at $187.78 per share to satisfy tax withholding obligations, which is explicitly described as not being a market sale. Following these transactions, the trust beneficially owned 448,576 shares of Class A Common Stock and 3,581,156 derivative securities relating to Class B Common Stock, all reported as indirect ownership.
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FAQ
What insider transaction did Reddit (RDDT) report for its CEO and President?
The CEO and President of Reddit, Inc. (RDDT), who is also a director and 10% owner, reported converting 2,879 shares of Class B Common Stock into Class A Common Stock and a separate disposition of 40,261 Class A shares to cover tax withholding obligations.
How many Reddit (RDDT) shares were converted from Class B to Class A in this Form 4?
The filing reports that 2,879 shares of Class B Common Stock were converted into 2,879 shares of Class A Common Stock on 11/20/2025.
Why were 40,261 Reddit (RDDT) Class A shares disposed of in this filing?
The filing states that 40,261 Class A Common Stock shares were withheld by the company to satisfy the reporting person's tax withholding obligations and notes this was not a market sale.
What is the CEO’s beneficial ownership in Reddit (RDDT) after the reported transactions?
After the reported transactions, The XYZ Revocable Trust, through which the CEO holds shares indirectly, beneficially owned 448,576 shares of Class A Common Stock and 3,581,156 derivative securities relating to Class B Common Stock.
How are Reddit (RDDT) Class B shares treated relative to Class A shares in this Form 4?
The Form 4 explains that Class B Common Stock is convertible at any time at the option of the holder into the issuer's Class A Common Stock on a one-to-one basis.
What type of SEC form is this and who filed it for Reddit (RDDT)?
This is an SEC Form 4, a statement of changes in beneficial ownership, filed for an individual who serves as CEO & President, director, and 10% owner of Reddit, Inc., reporting indirect holdings through The XYZ Revocable Trust.