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Reddit (NYSE: RDDT) COO exercises 39,166 options and sells 39,166 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 1,050,339 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.

Positive

  • None.

Negative

  • None.
Insider Wong Jennifer L.
Role Chief Operating Officer
Sold 39,166 shs ($6.93M)
Approx. gross sale proceeds $6.93M
Approx. exercise cost $210K
Approx. pre-tax spread $6.72M
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 -- -- --
Holdings After Transaction: Stock Option (Right to Buy) — 115,620 shares (Direct); Class A Common Stock — 1,050,339 shares (Direct); Class A Common Stock — 36,000 shares (Indirect, By MorMa Trust dated June 22, 2021)
Footnotes (9)
  1. 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.
  2. 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.
  3. F3. The sales were executed in multiple trades at prices ranging from $175.73 to $176.72.
  4. F4. The sales were executed in multiple trades at prices ranging from $176.73 to $177.72.
  5. F5. The sales were executed in multiple trades at prices ranging from $177.74 to $178.71.
  6. F6. The sales were executed in multiple trades at prices ranging from $178.74 to $179.61.
  7. F7. The sales were executed in multiple trades at prices ranging from $179.99 to $180.05.
  8. F8. The sales were executed in multiple trades at prices ranging from $181.92 to $181.95.
  9. F9. The stock option is fully vested and currently exercisable.
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
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.

How many Reddit (RDDT) shares did Jennifer Wong sell and at what prices?
Jennifer Wong sold 39,166 shares of Reddit Class A Common Stock. The sales were executed in multiple trades at prices ranging from $174.73 to $181.95, with several weighted-average sale prices reported around the mid- to high-$170s per share.

How many Reddit (RDDT) shares does Jennifer Wong hold after these transactions?
After the reported transactions, Jennifer Wong directly held 1,089,505 shares of Reddit Class A Common Stock. She also indirectly held 36,000 shares through the MorMa Trust dated June 22, 2021, as disclosed in the filing’s ownership details.

Were Jennifer Wong’s Reddit (RDDT) share sales under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on May 16, 2025. Such plans are pre-arranged and allow insiders to sell shares according to a preset schedule, reducing timing-related discretionary concerns.

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.

Does Jennifer Wong still hold Reddit (RDDT) shares through a trust after these trades?
Yes. In addition to her direct holdings, the Form 4 shows 36,000 Reddit Class A shares held indirectly through the MorMa Trust dated June 22, 2021. These trust-held shares are reported as indirect ownership separate from her direct share position.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wong Jennifer L.
(Last)(First)(Middle)
C/O REDDIT, INC.
303 2ND STREET, SOUTH TOWER, 5TH FLOOR
(Street)
SAN FRANCISCO CALIFORNIA 94107
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Reddit, Inc. [ RDDT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/16/2026M(1)39,166A$5.351,089,505D
Class A Common Stock06/16/2026S(1)8,560D$175.41(2)1,080,945D
Class A Common Stock06/16/2026S(1)9,020D$176.2(3)1,071,925D
Class A Common Stock06/16/2026S(1)11,580D$177.31(4)1,060,345D
Class A Common Stock06/16/2026S(1)7,306D$178.09(5)1,053,039D
Class A Common Stock06/16/2026S(1)2,000D$179.1(6)1,051,039D
Class A Common Stock06/16/2026S(1)300D$180.03(7)1,050,739D
Class A Common Stock06/16/2026S(1)400D$181.94(8)1,050,339D
Class A Common Stock36,000IBy MorMa Trust dated June 22, 2021
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$5.3506/16/2026M(1)39,166 (9)06/12/2028Class A Common Stock39,166$0115,620D
Explanation of Responses:
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.
2. 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.
3. The sales were executed in multiple trades at prices ranging from $175.73 to $176.72.
4. The sales were executed in multiple trades at prices ranging from $176.73 to $177.72.
5. The sales were executed in multiple trades at prices ranging from $177.74 to $178.71.
6. The sales were executed in multiple trades at prices ranging from $178.74 to $179.61.
7. The sales were executed in multiple trades at prices ranging from $179.99 to $180.05.
8. The sales were executed in multiple trades at prices ranging from $181.92 to $181.95.
9. The stock option is fully vested and currently exercisable.
Remarks:
/s/ Julie Rogers, Attorney-in-Fact06/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR