Reddit (NYSE: RDDT) withholds 38K COO shares to cover taxes
Rhea-AI Filing Summary
Reddit, Inc. (RDDT) reported that Chief Operating Officer Jennifer L. Wong had 38,113 shares of Class A Common Stock withheld on 2026-08-20 in a transaction coded "F". The shares were withheld by the company to satisfy her tax withholding obligations and were not a market sale. After this tax-withholding disposition, she directly holds 1,012,226 Class A shares.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 38,113 shares
Net Sell
1 txn
Insider
Wong Jennifer L.
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 38,113 | $151.71 | $5.78M |
Holdings After Transaction:
Class A Common Stock — 1,012,226 shares (Direct)
Footnotes (1)
- F1. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
Key Figures
Shares withheld for tax: 38,113 shares of Class A Common Stock
Price per share: $151.71 per share
Shares held after transaction: 1,012,226 shares of Class A Common Stock
3 metrics
Shares withheld for tax
38,113 shares of Class A Common Stock
Withheld on 2026-08-20 to satisfy tax withholding obligations in a code F transaction
Price per share
$151.71 per share
Value used for the 38,113 shares withheld for tax obligations
Shares held after transaction
1,012,226 shares of Class A Common Stock
Direct holdings of Jennifer L. Wong following the tax-withholding disposition
Key Terms
Form 4, Class A Common Stock, tax withholding obligations
3 terms
Form 4 regulatory
"reported in a Form 4 insider transaction relating to Reddit, Inc."
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.
Class A Common Stock financial
"security titled Class A Common Stock involved in the transaction"
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.
tax withholding obligations financial
"withheld by the Company to satisfy the reporting person's tax withholding obligations"
FAQ
What insider transaction did Reddit (RDDT) report for Jennifer L. Wong?
Reddit reported that COO Jennifer L. Wong had 38,113 Class A shares withheld on 2026-08-20 in a code F transaction to satisfy tax withholding obligations, which the company states was not a market sale.
Was the August 20, 2026 Reddit (RDDT) insider transaction a market sale?
No. The filing states the 38,113 shares were withheld by Reddit to cover tax withholding obligations for Jennifer L. Wong and that this was not a market sale.
What does transaction code F mean in Reddit (RDDT) Jennifer L. Wong’s Form 4?
In this Form 4, code F indicates payment of tax liability by delivering or withholding securities. The filing specifies that 38,113 shares were withheld to satisfy Jennifer L. Wong’s tax obligations and were not sold on the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.