Reddit COO Wong sells 39K shares in plan trade
Reddit, Inc. Chief Operating Officer Jennifer L. Wong reported multiple open‑market sales of Class A Common Stock.
Rhea-AI Filing Summary
Reddit, Inc. Chief Operating Officer Jennifer L. Wong reported multiple open‑market sales of Class A Common Stock. On February 24, 2026, she sold a total of 39,243 shares in a series of transactions under a pre‑arranged Rule 10b5‑1 trading plan adopted on May 16, 2025, at weighted‑average prices in the low‑ to mid‑$140s per share.
After these sales, Wong directly held 1,088,451 Class A shares and an additional 41,658 shares were held indirectly through the MorMa Trust dated June 22, 2021. Separately, on February 20, 2026, 38,141 shares were withheld by the company to cover her tax obligations, which the filing specifies was not a market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,710 | $141.82 | $1.38M |
| Sale | Class A Common Stock | 3,106 | $142.57 | $443K |
| Sale | Class A Common Stock | 10,024 | $143.66 | $1.44M |
| Sale | Class A Common Stock | 3,472 | $144.47 | $502K |
| Sale | Class A Common Stock | 2,820 | $145.78 | $411K |
| Sale | Class A Common Stock | 1,545 | $146.64 | $227K |
| Sale | Class A Common Stock | 100 | $147.47 | $15K |
| Sale | Class A Common Stock | 2,388 | $141.82 | $339K |
| Sale | Class A Common Stock | 1,400 | $142.49 | $199K |
| Sale | Class A Common Stock | 2,778 | $143.72 | $399K |
| Sale | Class A Common Stock | 800 | $144.55 | $116K |
| Sale | Class A Common Stock | 800 | $145.88 | $117K |
| Sale | Class A Common Stock | 300 | $146.71 | $44K |
| Exercise Price or Tax Liability | Class A Common Stock | 38,141 | $146.13 | $5.57M |
Footnotes (14)
- F1. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
- F2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 16, 2025.
- F3. The sales were executed in multiple trades at prices ranging from $141.13 to $142.10. 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 (3) to (14) to this Form 4.
- F4. The sales were executed in multiple trades at prices ranging from $142.15 to $143.145.
- F5. The sales were executed in multiple trades at prices ranging from $143.15 to $144.13.
- F6. The sales were executed in multiple trades at prices ranging from $144.15 to $145.10.
- F7. The sales were executed in multiple trades at prices ranging from $145.16 to $146.15.
- F8. The sales were executed in multiple trades at prices ranging from $146.16 to $147.12.
- F9. The sales were executed in multiple trades at prices ranging from $141.10 to $142.08.
- F10. The sales were executed in multiple trades at prices ranging from $142.10 to $143.08.
- F11. The sales were executed in multiple trades at prices ranging from $143.13 to $144.03.
- F12. The sales were executed in multiple trades at prices ranging from $144.28 to $144.82.
- F13. The sales were executed in multiple trades at prices ranging from $145.57 to $146.52.
- F14. The sales were executed in multiple trades at prices ranging from $146.68 to $146.75.
FAQ
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What insider transaction did Reddit (RDDT) COO Jennifer L. Wong report?
What is the MorMa Trust mentioned in Reddit (RDDT) COO Wong’s Form 4?
Was Reddit (RDDT) COO Jennifer L. Wong’s stock sale pre‑planned?
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