Reddit COO Jennifer Wong sells 60,000 shares
The reported transactions were made under a Rule 10b5-1 trading plan adopted on May 12, 2026.
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Rhea-AI Filing Summary
Reddit, Inc. (RDDT) Chief Operating Officer Jennifer L. Wong exercised options covering 45,437 Class A shares at $20.76 per share and 14,563 shares at $25.29 per share on October 14, 2026, acquiring 60,000 shares. She sold 60,000 shares the same day in multiple trades executed at prices ranging from $148.50 to $156.31 per share. The reported transactions were made under a Rule 10b5-1 trading plan adopted May 12, 2026. A separate holding entry lists 36,000 shares indirectly held by the MorMa Trust dated June 22, 2021.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F10 | 45,437 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) F11 | 14,563 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 45,437 | $20.76 | $943K |
| Exercise | Class A Common Stock F1 | 14,563 | $25.29 | $368K |
| Sale | Class A Common Stock F1, F2 | 26,105 | $148.86 | $3.89M |
| Sale | Class A Common Stock F1, F3 | 6,399 | $150.08 | $960K |
| Sale | Class A Common Stock F1, F4 | 11,200 | $150.87 | $1.69M |
| Sale | Class A Common Stock F1, F5 | 5,495 | $152.14 | $836K |
| Sale | Class A Common Stock F1, F6 | 5,701 | $152.82 | $871K |
| Sale | Class A Common Stock F1, F7 | 2,100 | $154.03 | $323K |
| Sale | Class A Common Stock F1, F8 | 1,639 | $154.88 | $254K |
| Sale | Class A Common Stock F1, F9 | 1,361 | $155.91 | $212K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (11)
- F1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2026.
- F2. The sales were executed in multiple trades at prices ranging from $148.50 to $149.49. 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 9 to this Form 4.
- F3. The sales were executed in multiple trades at prices ranging from $149.50 to $150.49.
- F4. The sales were executed in multiple trades at prices ranging from $150.50 to $151.38.
- F5. The sales were executed in multiple trades at prices ranging from $151.51 to $152.49.
- F6. The sales were executed in multiple trades at prices ranging from $152.51 to $153.43.
- F7. The sales were executed in multiple trades at prices ranging from $153.54 to $154.47.
- F8. The sales were executed in multiple trades at prices ranging from $154.54 to $155.47.
- F9. The sales were executed in multiple trades at prices ranging from $155.55 to $156.31.
- F10. The stock option is fully vested and currently exercisable.
- F11. The option vests over five years on each quarterly anniversary of December 25, 2023.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
fully vested financial
quarterly anniversary financial
FAQ
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When do Jennifer L. Wong's reported RDDT options expire?
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