Reddit (RDDT) director Robert Sauerberg awarded 1,714 RSUs, now holds 36K+ shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sauerberg Robert A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,714 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,999 shares (Direct, null);
Class A Common Stock — 32,215 shares (Indirect, By Robert A. Sauerberg, Jr. 2002 Revocable Trust)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,714 shares
Grant price: $0.0000 per share
Direct holdings after grant: 3,999 shares
+3 more
6 metrics
RSU grant size
1,714 shares
Grant or award of Class A Common Stock
Grant price
$0.0000 per share
Equity grant, not open-market purchase
Direct holdings after grant
3,999 shares
Class A Common Stock held directly
Indirect holdings
32,215 shares
Held via Robert A. Sauerberg, Jr. 2002 Revocable Trust
Holding entries
1 entry
Indirect holding of Class A Common Stock
Acquire transactions
1 transaction
Grant, award, or other acquisition
Key Terms
restricted stock units, grant, award, or other acquisition, indirect ownership, revocable trust
4 terms
restricted stock units financial
"The shares represent restricted stock units, which will vest in full on the earlier of"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
revocable trust financial
"By Robert A. Sauerberg, Jr. 2002 Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What insider transaction did Reddit (RDDT) director Robert Sauerberg report?
Reddit director Robert A. Sauerberg, Jr. reported a grant of 1,714 shares of Class A common stock. This is a compensation-related equity award rather than an open-market purchase or sale, and it increases his directly held shares to 3,999.
When will Robert Sauerberg’s new Reddit (RDDT) restricted stock units vest?
The restricted stock units will vest in full on the earlier of the first anniversary of the grant date and immediately before Reddit’s annual meeting of stockholders to be held in 2027, provided Robert Sauerberg continues his service through that vesting date.
What indirect Reddit (RDDT) holdings are disclosed for Robert Sauerberg?
The Form 4 shows 32,215 shares of Reddit Class A common stock held indirectly through the Robert A. Sauerberg, Jr. 2002 Revocable Trust. This entry updates his indirect ownership but does not reflect a new buy or sell transaction.