RDDT insider: 12,000 converted to Class A; 14,000 shares sold
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reddit, Inc. (RDDT) reported insider activity by its Chief Technology Officer. On 11/10/2025, the reporting person exercised stock options and converted 12,000 shares of Class B into Class A (one-to-one), then acquired 12,000 Class A shares via conversion. The same day, the reporting person sold 14,000 Class A shares in multiple trades, with weighted average prices ranging from $199.22 to $207.75 and execution ranges from $198.95–$208.17 under a Rule 10b5-1 plan adopted on May 9, 2025. Following these transactions, holdings were 202,534 Class A shares directly and 20,184 indirectly via The Slowe Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 14,000 shares ($2,861,978)
Net Sell
14 txns
Insider
Slowe Christopher Brian
Role
Chief Technology Officer
Sold
14,000 shs ($2.86M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 12,000 | $0.00 | -- |
| Exercise | Class B Common Stock | 12,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 12,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 12,000 | $0.00 | -- |
| Sale | Class A Common Stock | 600 | $199.22 | $120K |
| Sale | Class A Common Stock | 300 | $200.43 | $60K |
| Sale | Class A Common Stock | 1,200 | $201.45 | $242K |
| Sale | Class A Common Stock | 824 | $202.50 | $167K |
| Sale | Class A Common Stock | 2,595 | $203.72 | $529K |
| Sale | Class A Common Stock | 3,370 | $204.53 | $689K |
| Sale | Class A Common Stock | 2,100 | $205.70 | $432K |
| Sale | Class A Common Stock | 1,411 | $206.54 | $291K |
| Sale | Class A Common Stock | 1,600 | $207.75 | $332K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 69,464 shares (Direct);
Class B Common Stock — 12,000 shares (Direct);
Class A Common Stock — 216,534 shares (Direct);
Class A Common Stock — 20,184 shares (Indirect, By The Slowe Family Trust dated January 26, 2012)
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2025. The sales were executed in multiple trades at prices ranging from $198.95 to $199.92. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price within the ranges set forth in footnotes (2) to (10) to this Form 4. The sales were executed in multiple trades at prices ranging from $199.98 to $200.90. The sales were executed in multiple trades at prices ranging from $201.07 to $201.98. The sales were executed in multiple trades at prices ranging from $202.08 to $202.85. The sales were executed in multiple trades at prices ranging from $203.17 to $204.00. The sales were executed in multiple trades at prices ranging from $204.19 to $205.10. The sales were executed in multiple trades at prices ranging from $205.19 to $206.16. The sales were executed in multiple trades at prices ranging from $206.19 to $207.15. The sales were executed in multiple trades at prices ranging from $207.36 to $208.17. The stock option is fully vested and currently exercisable. 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.
FAQ
What insider activity did RDDT disclose on Form 4?
The Chief Technology Officer exercised options and converted 12,000 Class B into Class A shares, then sold 14,000 Class A shares on 11/10/2025.
Were the RDDT insider sales under a 10b5-1 plan?
Yes. The sales were made pursuant to a Rule 10b5-1 trading plan adopted on May 9, 2025.
What was the option exercise price and class involved?
The option had an exercise price of $1.93 for Class B shares, which are convertible into Class A on a one-to-one basis.
What transaction codes appear on the Form 4?
Codes include M (option exercise), C (conversion), and S (sale).