Reddit (NYSE: RDDT) COO exercises 39,166 options and sells 39,166 shares
Filing Impact
Filing Sentiment
Form Type
4
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 1,089,505 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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 39,166 shares ($6,930,194)
Net Sell
10 txns
Insider
Wong Jennifer L.
Role
Chief Operating Officer
Sold
39,166 shs ($6.93M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 39,166 | $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 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 115,620 shares (Direct, null);
Class A Common Stock — 1,089,505 shares (Direct, null);
Class A Common Stock — 36,000 shares (Indirect, By MorMa Trust dated June 22, 2021)
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 16, 2025. 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. The sales were executed in multiple trades at prices ranging from $175.73 to $176.72. The sales were executed in multiple trades at prices ranging from $176.73 to $177.72. The sales were executed in multiple trades at prices ranging from $177.74 to $178.71. The sales were executed in multiple trades at prices ranging from $178.74 to $179.61. The sales were executed in multiple trades at prices ranging from $179.99 to $180.05. The sales were executed in multiple trades at prices ranging from $181.92 to $181.95. The stock option is fully vested and currently exercisable.
Key Figures
Shares sold: 39,166 shares
Sale price range: $174.73–$181.95/share
Options exercised: 39,166 options
+5 more
8 metrics
Shares sold
39,166 shares
Class A Common Stock sold in open-market trades on June 16, 2026
Sale price range
$174.73–$181.95/share
Multiple trades with weighted-average prices and disclosed ranges
Options exercised
39,166 options
Stock options exercised into Class A Common Stock
Option exercise price
$5.35/share
Exercise or conversion price for 39,166 stock options
Direct shares after transactions
1,089,505 shares
Direct Class A Common Stock holdings following reported transactions
Indirect trust holdings
36,000 shares
Class A Common Stock held via MorMa Trust dated June 22, 2021
Options remaining
115,620 options
Stock Option (Right to Buy) remaining after exercise; fully vested and exercisable
Net share change from trades
-39,166 shares
Net-sell direction from transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, Stock Option (Right to Buy), multiple trades, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"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."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported reflects the weighted average sale price."
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
multiple trades financial
"The sales were executed in multiple trades at prices ranging from $174.73 to $175.71."
fully vested and currently exercisable financial
"The stock option is fully vested and currently exercisable."
FAQ
What insider transactions did Reddit (RDDT) COO Jennifer Wong report?
Jennifer Wong reported exercising stock options and selling Class A Common Stock. She exercised 39,166 options at $5.35 per share and sold 39,166 shares in multiple open-market trades under a Rule 10b5-1 plan, all on June 16, 2026.
What stock options did Jennifer Wong exercise in this Reddit (RDDT) Form 4?
Jennifer Wong exercised stock options for 39,166 shares of Reddit Class A Common Stock at an exercise price of $5.35 per share. After the exercise, she held 115,620 stock options, which were fully vested and currently exercisable according to the filing.