Reddit (RDDT) director-linked partnership reports open-market share purchases
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
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Negative
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Insider Trade Summary
| 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 | -- | -- | -- |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. The purchases were executed in multiple trades at prices ranging from $149.22 to $150.00.
- F4. The sales were executed in multiple trades at prices ranging from $139.11 to $139.50.
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