Equity grant gives Reddit (NYSE: RDDT) director 101 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seibel Michael reported acquisition or exercise transactions in this Form 4 filing.
Reddit director Michael Seibel received an equity grant of 101 shares of Class A Common Stock. The shares were awarded at a price of $0.00 per share as a grant or award, increasing his directly held position to 3,619 Class A shares following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seibel Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 101 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 3,619 shares (Direct)
Footnotes (1)
Key Figures
Shares granted: 101 shares
Grant price: $0.00 per share
Shares held after grant: 3,619 shares
3 metrics
Shares granted
101 shares
Class A Common Stock grant on 2026-04-05
Grant price
$0.00 per share
Equity award to director Michael Seibel
Shares held after grant
3,619 shares
Total direct Class A holdings following transaction
Key Terms
Class A Common Stock, grant/award acquisition, Form 4, transaction code "A"
4 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "A" regulatory
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did Reddit (RDDT) director Michael Seibel report?
Michael Seibel reported receiving 101 shares of Reddit Class A Common Stock as a grant or award. The shares were acquired at $0.00 per share, reflecting equity-based compensation rather than an open-market stock purchase or sale.
Was Michael Seibel’s Reddit (RDDT) transaction a purchase or a grant?
The transaction was a grant or award acquisition, not an open-market purchase. Michael Seibel received 101 Class A shares at $0.00 per share, consistent with stock-based compensation typically granted to company directors.
What does the transaction code "A" mean in Michael Seibel’s Reddit (RDDT) Form 4?
The transaction code "A" indicates a grant, award, or other acquisition of securities. In this case, it reflects Michael Seibel’s receipt of 101 Reddit Class A shares as equity compensation at no cash cost per share.