Reddit (RDDT) director Sarah Farrell reports 126-share grant and 61,000-share partnership holding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reddit, Inc. director Sarah E. Farrell reported an award of 126 shares of Class A Common Stock. The shares were acquired in a grant-type transaction at a stated price of $0.00 per share, bringing her directly held position to 9,862 Class A shares.
The filing also notes 61,000 Class A shares held indirectly through Waygrove Partnership LP, described as an indirect partnership interest. Farrell may be deemed to beneficially own those securities through her affiliation with Waygrove but expressly disclaims beneficial ownership of the partnership-held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FARRELL SARAH E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 126 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 9,862 shares (Direct, null);
Class A Common Stock — 61,000 shares (Indirect, Indirect interest in a partnership)
Footnotes (1)
- [object Object]
Key Figures
Share grant size: 126 shares
Grant price: $0.00 per share
Direct holdings after grant: 9,862 shares
+1 more
4 metrics
Share grant size
126 shares
Class A Common Stock grant with code A
Grant price
$0.00 per share
Stated transaction price for 126-share award
Direct holdings after grant
9,862 shares
Class A Common Stock held directly after acquisition
Indirect partnership holdings
61,000 shares
Class A shares owned by Waygrove Partnership LP
Key Terms
Class A Common Stock, Grant, award, or other acquisition, Indirect interest in a partnership, disclaims beneficial ownership, +1 more
5 terms
Class A Common Stock financial
"reported an award of 126 shares of Class A Common Stock"
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.
Grant, award, or other acquisition financial
"transaction code description notes a Grant, award, or other acquisition"
Indirect interest in a partnership financial
"described as an Indirect interest in a partnership"
disclaims beneficial ownership regulatory
"Farrell disclaims beneficial ownership of the securities owned by Waygrove"
Section 16 regulatory
"not be deemed an admission that Ms. Farrell is the beneficial owner of such shares for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did Reddit (RDDT) director Sarah Farrell report?
Sarah E. Farrell reported receiving 126 shares of Reddit Class A Common Stock as a grant-type acquisition at a stated price of $0.00 per share. Following this transaction, she directly holds 9,862 Class A shares according to the Form 4 filing.
What is the nature of Sarah Farrell’s indirect Reddit (RDDT) holdings?
The indirect holdings are 61,000 Reddit Class A shares owned by Waygrove Partnership LP, a Delaware limited partnership. Farrell may be deemed to beneficially own these through her affiliation with Waygrove, but she formally disclaims beneficial ownership of those shares in the Form 4 footnote.