Reddit (RDDT) director-linked partnership reports open-market share purchases
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reddit, Inc. director Sarah E. Farrell reported indirect open‑market purchases of the company’s Class A common stock through Waygrove Partnership LP, a Delaware limited partnership that owns the securities reported. On February 10, 2026, Waygrove bought 10,148 shares at a weighted average price of $148.63 and 33,652 shares at $149.79. On February 11, 2026, it purchased an additional 6,700 shares at $139.27, all reported as indirect interests in a partnership. After these transactions, 50,500 shares were beneficially owned indirectly, and Farrell also reported 7,899 shares held directly. Farrell may be deemed to beneficially own Waygrove’s holdings but expressly disclaims beneficial ownership of those shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,500 shares ($7,482,139)
Net Buy
4 txns
Insider
FARRELL SARAH E
Role
Director
Bought
50,500 shs ($7.48M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 6,700 | $139.27 | $933K |
| Purchase | Class A Common Stock | 10,148 | $148.63 | $1.51M |
| Purchase | Class A Common Stock | 33,652 | $149.79 | $5.04M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 50,500 shares (Indirect, Indirect interest in a partnership);
Class A Common Stock — 7,899 shares (Direct)
Footnotes (1)
- The purchases were executed in multiple trades at prices ranging from $148.13 to $149.06. The price reported reflects the weighted average purchase 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 purchase price within the range set forth in footnotes (1), (3) and (4) to this Form 4. Waygrove Partnership LP, a Delaware limited partnership ("Waygrove"), owns the securities of the Company set forth on this report. Ms. Farrell, by virtue of her affiliation with Waygrove, may be deemed to beneficially own the securities of the Company owned directly by Waygrove. Ms. Farrell disclaims beneficial ownership of the securities owned by Waygrove, and this report shall not be deemed an admission that Ms. Farrell is the beneficial owner of such shares for purposes of Section 16 or for any other purpose. The purchases were executed in multiple trades at prices ranging from $149.22 to $150.00. The sales were executed in multiple trades at prices ranging from $139.11 to $139.50.
FAQ
What insider transaction did Reddit (RDDT) director Sarah E. Farrell report?
Sarah E. Farrell reported indirect open-market purchases of Reddit Class A common stock through Waygrove Partnership LP. Transactions on February 10–11, 2026 increased indirectly held shares to 50,500, while she also reported 7,899 shares held directly in her own name.
What is Sarah E. Farrell’s direct ownership in Reddit (RDDT) after these transactions?
After the reported activity, Sarah E. Farrell reported 7,899 Reddit Class A common shares held directly. Separately, 50,500 shares were reported as indirectly beneficially owned through Waygrove Partnership LP, which is distinct from her directly held position in the company.
What do the weighted average prices in Reddit (RDDT) Form 4 footnotes mean?
Weighted average prices represent the average price across multiple trades executed within specified ranges. The Form 4 notes that purchases spanned several individual trades, and the reporting person will provide detailed trade-by-trade pricing information to regulators, the issuer, or shareholders upon request.