Reddit (RDDT) CTO discloses 10b5-1 trades, option exercise and share sales
Rhea-AI Filing Summary
Reddit, Inc.’s Chief Technology Officer reported stock option exercises, share conversions, and sales of Class A common stock. On 12/22/2025, the reporting person exercised a stock option to acquire 12,000 shares of Class B common stock at $1.93 per share, which are shown as underlying a stock option that is fully vested and currently exercisable. These Class B shares are convertible into Class A common stock on a one-to-one basis.
The filing lists multiple sales of Reddit Class A common stock on the same date, executed in separate trades at weighted average prices ranging from $231.49 to $240.10, under a Rule 10b5-1 trading plan adopted on May 9, 2025. Following the reported transactions, the Chief Technology Officer directly holds 171,694 Class A shares and an additional 20,184 Class A shares are held indirectly by The Slowe Family Trust dated January 26, 2012.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 12,000 | $0.00 | -- |
| Exercise | Class B Common Stock | 12,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 12,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 12,000 | $0.00 | -- |
| Sale | Class A Common Stock | 2,000 | $231.49 | $463K |
| Sale | Class A Common Stock | 5,147 | $232.53 | $1.20M |
| Sale | Class A Common Stock | 3,616 | $233.44 | $844K |
| Sale | Class A Common Stock | 900 | $234.27 | $211K |
| Sale | Class A Common Stock | 400 | $235.16 | $94K |
| Sale | Class A Common Stock | 1,137 | $236.96 | $269K |
| Sale | Class A Common Stock | 200 | $237.82 | $48K |
| Sale | Class A Common Stock | 500 | $239.03 | $120K |
| Sale | Class A Common Stock | 100 | $240.10 | $24K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2025. The sales were executed in multiple trades at prices ranging from $230.90 to $231.89. 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. The sales were executed in multiple trades at prices ranging from $232.02 to $233.00. The sales were executed in multiple trades at prices ranging from $233.03 to $233.90. The sales were executed in multiple trades at prices ranging from $234.06 to $234.80. The sales were executed in multiple trades at prices ranging from $235.07 to $235.19. The sales were executed in multiple trades at prices ranging from $236.39 to $237.28. The sales were executed in multiple trades at prices ranging from $237.63 to $238.00. The sales were executed in multiple trades at prices ranging from $238.64 to $239.20. The stock option is fully vested and currently exercisable. The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.