Reddit director Michael Seibel acquires 78 Class A shares
Reddit, Inc. director Michael Seibel reported a small equity acquisition in the company.
Rhea-AI Filing Summary
Reddit, Inc. director Michael Seibel reported a small equity acquisition in the company. On 01/05/2026, he acquired 78 shares of Reddit Class A common stock in a transaction coded "A" at a reported price of $0 per share, indicating a no-cash-award or similar type of issuance rather than an open‑market purchase. Following this transaction, he beneficially owns 3,518 shares of Reddit Class A common stock held directly. This filing reflects a routine update to his reported ownership stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 78 | $0.00 | $0.00 |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Reddit (RDDT) director Michael Seibel report?
Michael Seibel reported acquiring 78 shares of Reddit, Inc. Class A common stock on 01/05/2026 in a transaction coded "A".
Is Michael Seibels Reddit (RDDT) ownership held directly or indirectly?
The filing shows the 3,518 shares of Reddit Class A common stock as held with direct (D) ownership by Michael Seibel.
What is Michael Seibels relationship to Reddit (RDDT)?
Michael Seibel is listed as a Director of Reddit, Inc. in the insider ownership report.
Does this Reddit (RDDT) insider filing involve any derivative securities?
No derivative securities are reported; the filing only lists a transaction in non-derivative Class A common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.