Reddit CLO has 3,887 shares withheld for taxes
Reddit, Inc. (RDDT) reported that Chief Legal Officer Lee Benjamin Seong had 3,887 shares of Class A Common Stock withheld on 2026-08-20 to satisfy tax withholding obligations, at a reference value of $151.71 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Reddit, Inc. (RDDT) reported that Chief Legal Officer Lee Benjamin Seong had 3,887 shares of Class A Common Stock withheld on 2026-08-20 to satisfy tax withholding obligations, at a reference value of $151.71 per share. The company notes this was not a market sale. Following this tax-withholding disposition, Seong directly holds 71,536 shares of Class A Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 3,887 | $151.71 | $590K |
Footnotes (1)
- F1. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
Key Figures
Key Terms
Class A Common Stock financial
tax withholding obligations financial
Payment of tax liability by delivering or withholding securities financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Reddit, Inc. (RDDT) report for Lee Benjamin Seong?
Was Lee Benjamin Seong’s Reddit (RDDT) Form 4 transaction a market sale?
Does Reddit’s (RDDT) Form 4 indicate use of a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.