Reddit (NYSE: RDDT) director awarded 1,714 restricted stock units
Rhea-AI Filing Summary
FARRELL SARAH E reported acquisition or exercise transactions in this Form 4 filing.
Reddit, Inc. director Sarah E. Farrell reported an equity award of 1,714 shares of Class A Common Stock. The filing describes this as a grant or award, with no purchase price, bringing her directly held Class A shares to 9,736 after the transaction.
The 1,714 shares are restricted stock units that vest in full on the earlier of the first anniversary of the grant date or immediately before Reddit’s 2027 annual meeting of stockholders, subject to her continued service. The filing also notes an additional 61,000 Class A shares held indirectly through Waygrove Partnership LP, a Delaware limited partnership, for which she disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,714 shares
Net Buy
2 txns
Insider
FARRELL SARAH E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,714 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 9,736 shares (Direct);
Class A Common Stock — 61,000 shares (Indirect, Indirect interest in a partnership)
Footnotes (2)
- 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.
- F2. Waygrove Partnership LP., a Delaware limited partnership ("Waygrove"), owns the securities of the Company set forth on this report. Ms. Farrell, by virtue of her affiliation with Waygrove, may be deemed to beneficially own the securities of the Company owned directly by Waygrove. Ms. Farrell disclaims beneficial ownership of the securities owned by Waygrove, and this report shall not be deemed an admission that Ms. Farrell is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
Key Figures
RSU grant size: 1,714 shares
Grant price: $0.0000 per share
Direct holdings after grant: 9,736 shares
+2 more
5 metrics
RSU grant size
1,714 shares
Restricted stock units of Class A Common Stock granted
Grant price
$0.0000 per share
Reported price per share for the RSU award
Direct holdings after grant
9,736 shares
Direct Class A Common Stock owned following the award
Indirect partnership holdings
61,000 shares
Class A Common Stock owned by Waygrove Partnership LP
Vesting trigger
Earlier of 1-year anniversary or 2027 meeting
RSUs vest in full on earlier of these dates, subject to service
Key Terms
restricted stock units, annual meeting of stockholders, limited partnership, beneficial ownership, +1 more
5 terms
restricted stock units financial
"The shares represent restricted stock units, which will vest in full on the earlier of (i) the first anniversary"
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.
annual meeting of stockholders financial
"immediately before the Issuer's annual meeting of stockholders to be held in 2027"
limited partnership financial
"Waygrove Partnership LP., a Delaware limited partnership ("Waygrove"), owns the securities"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
beneficial ownership financial
"may be deemed to beneficially own the securities of the Company owned directly by Waygrove"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"this report shall not be deemed an admission that Ms. Farrell is the beneficial owner of such shares for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Reddit (RDDT) director Sarah Farrell report?
Sarah Farrell reported receiving 1,714 shares of Reddit Class A Common Stock as an equity award. These shares are structured as restricted stock units and were granted at no cost, increasing her directly held Class A position to 9,736 shares after the grant.
How many Reddit (RDDT) restricted stock units were granted to Sarah Farrell?
Sarah Farrell was granted 1,714 restricted stock units of Reddit Class A Common Stock. The units vest in full on the earlier of the first anniversary of the grant date or immediately before Reddit’s 2027 annual meeting, assuming she continues to serve through the vesting date.
When do Sarah Farrell’s new Reddit (RDDT) restricted stock units vest?
The 1,714 restricted stock units granted to Sarah Farrell vest in full on the earlier of the first anniversary of the grant date or immediately before Reddit’s 2027 annual meeting of stockholders, provided she continues her service with the company through the applicable vesting date.
What is the role of Waygrove Partnership LP in Sarah Farrell’s Reddit (RDDT) holdings?
Waygrove Partnership LP, a Delaware limited partnership, owns 61,000 Reddit Class A shares reported in the filing. Because of her affiliation with Waygrove, Sarah Farrell may be deemed a beneficial owner, but she formally disclaims beneficial ownership of those partnership-held shares in the report.
Was Sarah Farrell’s Reddit (RDDT) Form 4 a market buy or sell?
No market purchase or sale was reported. The Form 4 shows a grant of 1,714 restricted stock units at no cost as compensation, plus a separate entry reflecting 61,000 shares held indirectly by Waygrove Partnership LP, for which Sarah Farrell disclaims beneficial ownership.