Reddit (RDDT) CTO discloses option exercise and Class A share sales
Rhea-AI Filing Summary
Reddit, Inc. Chief Technology Officer Christopher Brian Slowe reported an insider stock transaction. On January 8, 2026, he exercised a stock option with a $1.93 exercise price for 12,000 shares of Class B Common Stock, which were converted into 12,000 shares of Class A Common Stock. He then sold portions of Class A Common Stock in multiple trades under a Rule 10b5-1 trading plan at weighted average prices within ranges from $248.79 to $259.19. After these trades, he held 169,694 shares of Class A Common Stock directly and 20,184 shares of Class A Common Stock indirectly through The Slowe Family Trust dated January 26, 2012.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 | 700 | $249.24 | $174K |
| Sale | Class A Common Stock | 1,201 | $250.36 | $301K |
| Sale | Class A Common Stock | 1,000 | $251.33 | $251K |
| Sale | Class A Common Stock | 2,454 | $252.50 | $620K |
| Sale | Class A Common Stock | 2,800 | $253.53 | $710K |
| Sale | Class A Common Stock | 1,565 | $254.40 | $398K |
| Sale | Class A Common Stock | 856 | $255.36 | $219K |
| Sale | Class A Common Stock | 1,344 | $256.60 | $345K |
| Sale | Class A Common Stock | 1,200 | $257.50 | $309K |
| Sale | Class A Common Stock | 780 | $258.77 | $202K |
| Sale | Class A Common Stock | 100 | $259.52 | $26K |
| holding | Class A Common Stock | -- | -- | -- |
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 $248.79 to $249.65. 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. The sales were executed in multiple trades at prices ranging from $249.82 to $250.80. The sales were executed in multiple trades at prices ranging from $250.84 to $251.83. The sales were executed in multiple trades at prices ranging from $251.94 to $252.92. The sales were executed in multiple trades at prices ranging from $252.97 to $253.95. The sales were executed in multiple trades at prices ranging from $254.00 to $254.96. The sales were executed in multiple trades at prices ranging from $255.00 to $255.99. The sales were executed in multiple trades at prices ranging from $256.01 to $256.85. The sales were executed in multiple trades at prices ranging from $257.12 to $258.10. The sales were executed in multiple trades at prices ranging from $258.24 to $259.19. 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 transaction did Reddit (RDDT) report for its CTO?
Reddit Chief Technology Officer Christopher Brian Slowe reported exercising a stock option for 12,000 shares of Class B Common Stock and converting them into 12,000 shares of Class A Common Stock, followed by multiple sales of Class A shares.
What was the exercise price of the Reddit CTO’s stock option in this Form 4?
The reported stock option had a conversion/exercise price of $1.93 per share for 12,000 shares of Class B Common Stock, which were converted into Class A Common Stock.