Reddit (RDDT) CTO exercises 9,464 options, trades Class A shares
Rhea-AI Filing Summary
Reddit, Inc.'s Chief Technology Officer Christopher Brian Slowe reported option exercises, share conversions, and planned stock sales. On February 10, 2026, he exercised a stock option for 9,464 shares at $1.93 per share into Class B common stock, which was then converted into 9,464 Class A shares.
That same day, he completed multiple open-market sales of Class A common stock in separate trades, with individual transactions ranging from 400 to 4,844 shares at weighted average prices between $145.07 and $152.16. The filing notes these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on May 9, 2025.
After these transactions, Slowe directly held 165,694 shares of Reddit Class A common stock and indirectly held 20,184 Class A shares through The Slowe Family Trust dated January 26, 2012. The stock option is described as fully vested and currently exercisable, and the Class B shares are convertible into Class A on a one-to-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 9,464 | $0.00 | -- |
| Exercise | Class B Common Stock | 9,464 | $0.00 | -- |
| Conversion | Class B Common Stock | 9,464 | $0.00 | -- |
| Conversion | Class A Common Stock | 9,464 | $0.00 | -- |
| Sale | Class A Common Stock | 400 | $145.07 | $58K |
| Sale | Class A Common Stock | 100 | $146.81 | $15K |
| Sale | Class A Common Stock | 1,100 | $148.54 | $163K |
| Sale | Class A Common Stock | 3,689 | $149.56 | $552K |
| Sale | Class A Common Stock | 4,844 | $150.13 | $727K |
| Sale | Class A Common Stock | 1,225 | $151.41 | $185K |
| Sale | Class A Common Stock | 106 | $152.16 | $16K |
| 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 $144.59 to $145.39. 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 (7) to this Form 4. The sales were executed in multiple trades at prices ranging from $147.97 to $148.91. The sales were executed in multiple trades at prices ranging from $148.98 to $149.92. The sales were executed in multiple trades at prices ranging from $149.98 to $150.68. The sales were executed in multiple trades at prices ranging from $151.06 to $151.97. The sales were executed in multiple trades at prices ranging from $152.15 to $152.38. 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.