Reddit COO Wong sells 75K shares after option exercise
Reddit, Inc. (RDDT) reported that Chief Operating Officer Jennifer L. Wong exercised stock options and sold shares of Class A Common Stock on August 14, 2026 under a Rule 10b5-1 trading plan.
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Rhea-AI Filing Summary
Reddit, Inc. (RDDT) reported that Chief Operating Officer Jennifer L. Wong exercised stock options and sold shares of Class A Common Stock on August 14, 2026 under a Rule 10b5-1 trading plan. She exercised options for 75,000 shares (60,000 at a $5.35 exercise price and 15,000 at a $25.29 exercise price) and sold 75,000 shares in multiple trades at weighted-average prices generally between the mid-$170s and low-$180s per share. Following these transactions, she also reports 36,000 shares held indirectly through the MorMa Trust dated June 22, 2021.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F12 | 60,000 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) F13 | 15,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 60,000 | $5.35 | $321K |
| Exercise | Class A Common Stock F1 | 15,000 | $25.29 | $379K |
| Sale | Class A Common Stock F1, F2 | 2,796 | $174.82 | $489K |
| Sale | Class A Common Stock F1, F3 | 5,324 | $175.70 | $935K |
| Sale | Class A Common Stock F1, F4 | 11,380 | $176.73 | $2.01M |
| Sale | Class A Common Stock F1, F5 | 14,000 | $177.91 | $2.49M |
| Sale | Class A Common Stock F1, F6 | 12,570 | $178.71 | $2.25M |
| Sale | Class A Common Stock F1, F7 | 21,930 | $180.00 | $3.95M |
| Sale | Class A Common Stock F1, F8 | 3,200 | $180.71 | $578K |
| Sale | Class A Common Stock F1, F9 | 2,400 | $181.88 | $437K |
| Sale | Class A Common Stock F1, F10 | 1,000 | $182.70 | $183K |
| Sale | Class A Common Stock F1, F11 | 400 | $183.95 | $74K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (13)
- F1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2026.
- F2. The sales were executed in multiple trades at prices ranging from $174.25 to $175.24. 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 11 to this Form 4.
- F3. The sales were executed in multiple trades at prices ranging from $175.25 to $176.24.
- F4. The sales were executed in multiple trades at prices ranging from $176.25 to $177.23.
- F5. The sales were executed in multiple trades at prices ranging from $177.25 to $178.24.
- F6. The sales were executed in multiple trades at prices ranging from $178.34 to $179.31.
- F7. The sales were executed in multiple trades at prices ranging from $179.37 to $180.36.
- F8. The sales were executed in multiple trades at prices ranging from $180.37 to $181.30.
- F9. The sales were executed in multiple trades at prices ranging from $181.37 to $182.35.
- F10. The sales were executed in multiple trades at prices ranging from $182.44 to $182.90.
- F11. The sales were executed in multiple trades at prices ranging from $183.52 to $184.27.
- F12. The stock option is fully vested and currently exercisable.
- F13. The option vests over five years on each quarterly anniversary of December 25, 2023.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Stock Option (Right to Buy financial
weighted average sale price financial
Class A Common Stock financial
indirect financial
FAQ
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What transactions did Reddit (RDDT) COO Jennifer L. Wong report on this Form 4?
What stock options did Jennifer L. Wong exercise in Reddit (RDDT)?
Were Jennifer L. Wong’s Reddit (RDDT) trades made under a Rule 10b5-1 plan?
What is the vesting status of the Reddit (RDDT) options involved in this Form 4?
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