Reddit (RDDT) Chief Legal Officer reports option exercises and stock sales
Rhea-AI Filing Summary
Reddit, Inc.'s Chief Legal Officer, serving as an officer of the company, reported option exercises and share sales of Class A common stock. On December 16, 2025, the officer exercised stock options to acquire 50,000 shares at $7.92 per share and on December 18, 2025 exercised additional options for 18,750 shares at $7.92 per share. On the same dates, multiple sale transactions of Class A shares were executed, with weighted average sale prices reported in ranges from about $216.20–$224.49 on December 16 and at $240 on December 18, 2025, under a Rule 10b5-1 trading plan adopted on September 11, 2025. After these transactions, the officer directly beneficially owned 62,608 Class A shares and held 180,750 stock options that remain outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 18,750 | $0.00 | -- |
| Exercise | Class A Common Stock | 18,750 | $7.92 | $149K |
| Sale | Class A Common Stock | 18,750 | $240.00 | $4.50M |
| Exercise | Stock Option (Right to Buy) | 50,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 50,000 | $7.92 | $396K |
| Sale | Class A Common Stock | 400 | $216.43 | $87K |
| Sale | Class A Common Stock | 1,063 | $217.89 | $232K |
| Sale | Class A Common Stock | 2,600 | $219.00 | $569K |
| Sale | Class A Common Stock | 23,040 | $219.97 | $5.07M |
| Sale | Class A Common Stock | 4,675 | $220.91 | $1.03M |
| Sale | Class A Common Stock | 9,270 | $222.00 | $2.06M |
| Sale | Class A Common Stock | 4,153 | $222.92 | $926K |
| Sale | Class A Common Stock | 9,804 | $223.93 | $2.20M |
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2025. The sales were executed in multiple trades at prices ranging from $216.20 to $216.59. 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 (2) to (9) to this Form 4. The sales were executed in multiple trades at prices ranging from $217.22 to $218.21. The sales were executed in multiple trades at prices ranging from $218.36 to $219.33. The sales were executed in multiple trades at prices ranging from $219.36 to $220.28. The sales were executed in multiple trades at prices ranging from $220.37 to $221.36. The sales were executed in multiple trades at prices ranging from $221.42 to $222.41. The sales were executed in multiple trades at prices ranging from $222.47 to $223.44. The sales were executed in multiple trades at prices ranging from $223.50 to $224.49. The stock option is fully vested and currently exercisable.