Reddit director sells 5,128 shares at $159.92
Rhea-AI Filing Summary
Reddit, Inc. (RDDT) reported an insider transaction by director Robert A. Sauerberg, Jr. On 2026-08-25, an entity associated with him, the "Robert A. Sauerberg, Jr. 2002 Revocable Trust," sold 5,128 shares of Class A Common Stock at $159.92 per share in an open market or private transaction. After this sale, the trust held 27,087 shares indirectly, and Sauerberg also reported a separate direct holding of 3,999 shares of Class A Common Stock.
Positive
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Negative
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Insights
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Insider Trade Summary
Net Seller: 5,128 shares
Net Sell
2 txns
Insider
Sauerberg Robert A.
Role
Director
Sold
5,128 shs ($820K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,128 | $159.92 | $820K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 27,087 shares (Indirect, By Robert A. Sauerberg, Jr. 2002 Revocable Trust);
Class A Common Stock — 3,999 shares (Direct)
Key Figures
Shares sold: 5,128 shares of Class A Common Stock
Sale price per share: $159.92 per share
Indirect holdings after transaction: 27,087 shares of Class A Common Stock
+1 more
4 metrics
Shares sold
5,128 shares of Class A Common Stock
Sale by the Robert A. Sauerberg, Jr. 2002 Revocable Trust on 2026-08-25
Sale price per share
$159.92 per share
Price for the 5,128 shares of Class A Common Stock sold on 2026-08-25
Indirect holdings after transaction
27,087 shares of Class A Common Stock
Indirect ownership via Robert A. Sauerberg, Jr. 2002 Revocable Trust after the sale
Direct holdings after transaction
3,999 shares of Class A Common Stock
Direct ownership reported by Robert A. Sauerberg, Jr. as of 2026-08-25
Key Terms
Class A Common Stock, indirect ownership, Revocable Trust
3 terms
Class A Common Stock financial
"security_title: "Class A Common Stock" for the reported transactions"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect ownership financial
"ownership_type: "indirect" for shares held by the revocable trust"
Revocable Trust financial
"nature_of_ownership: "By Robert A. Sauerberg, Jr. 2002 Revocable Trust""
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What insider transaction did Reddit, Inc. (RDDT) report for Robert A. Sauerberg, Jr.?
Reddit reported that on 2026-08-25, an entity associated with director Robert A. Sauerberg, Jr. sold 5,128 shares of Class A Common Stock at $159.92 per share in a sale classified as an open market or private transaction.
What are Robert A. Sauerberg, Jr.’s indirect Reddit (RDDT) holdings after the reported sale?
Following the sale, the "Robert A. Sauerberg, Jr. 2002 Revocable Trust" held 27,087 shares of Reddit Class A Common Stock, reported as indirect ownership by Robert A. Sauerberg, Jr.
Does Robert A. Sauerberg, Jr. have direct holdings of Reddit (RDDT) stock after this filing?
Yes. In addition to indirect trust holdings, Robert A. Sauerberg, Jr. reported a separate direct holding of 3,999 shares of Reddit Class A Common Stock as of the same date.
Was the Reddit (RDDT) insider sale made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), so the sale is not reported as pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.