[Form 4] Reddit, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Andrew Vollero, Chief Financial Officer of Reddit, Inc. (RDDT), reported a non-sale disposition of Class A common stock on 08/20/2025. The filing shows 19,638 shares were withheld to satisfy tax withholding obligations at a price of $228.18 per share; the filing states this was not a market sale. After the withholding, the reporting person beneficially owned 314,168 shares in a direct ownership form. The Form 4 is signed by Julie Rogers, Attorney-in-Fact, on 08/22/2025. The filing primarily documents a routine tax-related share withholding by an officer rather than a discretionary open-market trade.
Positive
- Clear disclosure of the transaction type (Code F) and the fact it was not a market sale
- Specific amounts provided: 19,638 shares withheld at $228.18, leaving 314,168 shares beneficially owned
- Timely filing and signature documented (signed by Attorney-in-Fact on 08/22/2025)
Negative
- Reduction in direct holdings by 19,638 shares due to withholding (administrative but decreases reported ownership)
Insights
TL;DR: Routine tax withholding by an officer reduced direct holdings; no open-market sale indicated.
The Form 4 discloses a Code F transaction meaning shares were withheld to satisfy tax-withholding obligations, not sold in the market. The reported withholding amount of 19,638 shares at $228.18 reduces direct beneficial ownership to 314,168 shares. This is a standard administrative action following equity vesting or option exercise and typically has limited informational content about the officer's view on company valuation. The filing is timely and clear, meeting Section 16 disclosure expectations.
TL;DR: Disclosure follows standard practice; documentation is specific about nature and amount of the withholding.
The report clearly marks the transaction with Code F and includes an explanatory footnote confirming withholding for tax obligations and that it was not a market sale. The form identifies the reporting person, role (CFO), and post-transaction holdings, which supports transparency for investors and regulators. No additional material governance concerns are evident from this single disclosure.