Reddit director gets 1,714-share RSU grant
Sauerberg Robert A. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Sauerberg Robert A. reported acquisition or exercise transactions in this Form 4 filing.
Reddit, Inc. director Robert A. Sauerberg, Jr. reported an equity compensation grant and updated holdings in Class A common stock. He received 1,714 shares as a grant or award, bringing his direct holdings to 3,999 shares. The filing also reports 32,215 shares held indirectly through the Robert A. Sauerberg, Jr. 2002 Revocable Trust.
According to the footnote, these shares represent restricted stock units that will vest in full on the earlier of the first anniversary of the grant date and immediately before the issuer's annual meeting of stockholders to be held in 2027, subject to his continued service through the vesting date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,714 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The shares represent restricted stock units, which will vest in full on the earlier of (i) the first anniversary of the grant date and (ii) immediately before the Issuer's annual meeting of stockholders to be held in 2027; subject to the Reporting Person's continued service through such vesting date.
Key Figures
Key Terms
restricted stock units financial
grant, award, or other acquisition financial
indirect ownership financial
revocable trust financial
FAQ
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What insider transaction did Reddit (RDDT) director Robert Sauerberg report?
When will Robert Sauerberg’s new Reddit (RDDT) restricted stock units vest?
What indirect Reddit (RDDT) holdings are disclosed for Robert Sauerberg?
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