Reddit (NYSE: RDDT) CTO files Form 4 for option exercise and Class A share sales
Rhea-AI Filing Summary
Reddit, Inc.'s Chief Technology Officer reported an options exercise and related share sales. On 12/08/2025, the executive exercised a stock option to buy 12,000 shares of Class B Common Stock at an exercise price of
That same day, the CTO sold multiple small blocks of Class A Common Stock in open-market transactions under a Rule 10b5-1 trading plan adopted on May 9, 2025. Sale prices were reported as weighted averages, with underlying trades executed in ranges such as
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FAQ
What insider transaction did Reddit (RDDT) report in this Form 4?
The Form 4 reports that Reddit's Chief Technology Officer exercised a stock option for 12,000 shares of Class B Common Stock at an exercise price of
How many Reddit (RDDT) shares does the CTO own after these transactions?
Following the reported transactions, the CTO beneficially owned 173,694 shares of Class A Common Stock directly, 20,184 shares of Class A Common Stock indirectly through The Slowe Family Trust dated January 26, 2012, and 45,464 stock options on Class B Common Stock.
At what prices were Reddit (RDDT) shares sold in the CTO's Form 4 filing?
The sales were executed in multiple trades, with weighted average prices such as
Was the Reddit CTO’s share sale under a Rule 10b5-1 trading plan?
Yes. The filing states that the sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on
What is the relationship between Reddit’s Class A and Class B Common Stock in this filing?
The filing notes that the Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis, which is how the 12,000 Class B shares underlying the option became 12,000 Class A shares.
How were the Reddit CTO’s options described in the Form 4?
The reported derivative security is a stock option (right to buy) with an exercise price of