Reddit (RDDT) director Patricia Filikrushel receives 122-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FILIKRUSHEL PATRICIA reported acquisition or exercise transactions in this Form 4 filing.
Reddit, Inc. director Patricia Filikrushel received an equity award of 122 shares of Class A Common Stock as compensation. The award was recorded at a price of $0.00 per share, indicating a grant or award rather than an open-market purchase. After this transaction, she directly holds 31,755 Class A shares. The footnote explains that these fully vested shares will be settled in Class A Common Stock on a date she selects, or as otherwise provided under Reddit’s Amended and Restated Non-Employee Director Compensation Program.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FILIKRUSHEL PATRICIA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 122 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 31,755 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award: 122 shares
Grant price: $0.00 per share
Shares held after grant: 31,755 shares
3 metrics
Equity award
122 shares
Class A Common Stock grant to director
Grant price
$0.00 per share
Equity award under director compensation program
Shares held after grant
31,755 shares
Director’s direct Class A holdings post-transaction
Key Terms
Class A Common Stock, Non-Employee Director Compensation Program, fully vested
3 terms
Class A Common Stock financial
"The shares are fully vested and will be settled in shares of the Issuer's 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.
Non-Employee Director Compensation Program financial
"pursuant to the Issuer's Amended and Restated Non-Employee Director Compensation Program (the "Program")"
fully vested financial
"The shares are fully vested and will be settled in shares of the Issuer's Class A Common Stock"
FAQ
What did Reddit (RDDT) director Patricia Filikrushel report on this Form 4?
She reported an award of 122 shares of Reddit Class A Common Stock. The shares were granted at $0.00 per share as director compensation, increasing her direct holdings to 31,755 shares following the transaction.
Was Patricia Filikrushel buying Reddit (RDDT) stock on the open market?
No, this was a grant or award of 122 shares at $0.00 per share. It reflects equity compensation under Reddit’s non-employee director program, not an open-market purchase or sale of shares.
What is Reddit’s Non-Employee Director Compensation Program mentioned in the Form 4?
It is Reddit’s compensation program for non-employee directors governing equity awards. The filing notes that Filikrushel’s fully vested shares will be settled in Class A Common Stock according to the timing and terms provided in this program.