Reddit COO exercises options, sells 39,166 shares
Reddit, Inc. Chief Operating Officer Jennifer L. Wong reported a mix of option exercises and share sales in Class A Common Stock.
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Rhea-AI Filing Summary
Reddit, Inc. Chief Operating Officer Jennifer L. Wong reported a mix of option exercises and share sales in Class A Common Stock. She exercised stock options covering 39,166 shares at an exercise price of $5.35 per share, then sold 39,166 shares in multiple open-market transactions under a pre-established Rule 10b5-1 trading plan.
The reported sales occurred on June 16, 2026 at various prices, including weighted-average prices around $176–$182 per share, with individual trade ranges from $174.73 to $181.95. Following the transactions, Wong directly held 1,050,339 shares of Class A Common Stock and 115,620 stock options, and indirectly held 36,000 shares through the MorMa Trust dated June 22, 2021.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 39,166 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 39,166 | $5.35 | $210K |
| Sale | Class A Common Stock | 8,560 | $175.41 | $1.50M |
| Sale | Class A Common Stock | 9,020 | $176.20 | $1.59M |
| Sale | Class A Common Stock | 11,580 | $177.31 | $2.05M |
| Sale | Class A Common Stock | 7,306 | $178.09 | $1.30M |
| Sale | Class A Common Stock | 2,000 | $179.10 | $358K |
| Sale | Class A Common Stock | 300 | $180.03 | $54K |
| Sale | Class A Common Stock | 400 | $181.94 | $73K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (9)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 16, 2025.
- F2. The sales were executed in multiple trades at prices ranging from $174.73 to $175.71. 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 this footnote 2 to 8.
- F3. The sales were executed in multiple trades at prices ranging from $175.73 to $176.72.
- F4. The sales were executed in multiple trades at prices ranging from $176.73 to $177.72.
- F5. The sales were executed in multiple trades at prices ranging from $177.74 to $178.71.
- F6. The sales were executed in multiple trades at prices ranging from $178.74 to $179.61.
- F7. The sales were executed in multiple trades at prices ranging from $179.99 to $180.05.
- F8. The sales were executed in multiple trades at prices ranging from $181.92 to $181.95.
- F9. The stock option is fully vested and currently exercisable.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
Stock Option (Right to Buy) financial
multiple trades financial
fully vested and currently exercisable financial
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