Reddit (NYSE: RDDT) director receives 1,714 RSUs, boosting holdings to 31,633
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reddit, Inc. director Patricia Filikrushel received an equity award of 1,714 shares of Class A Common Stock in the form of restricted stock units. The grant carries no cash exercise price and increases her direct holdings to 31,633 shares.
The RSUs 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 board service. The units will be settled according to her deferral election under Reddit’s Amended and Restated Non-Employee Director Compensation Program or upon the end of her service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FILIKRUSHEL PATRICIA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,714 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 31,633 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1,714 shares
Price per share: $0.0000 per share
Shares after transaction: 31,633 shares
3 metrics
RSUs granted
1,714 shares
Restricted stock units awarded to director on grant date
Price per share
$0.0000 per share
Reported for the 1,714 RSU grant
Shares after transaction
31,633 shares
Total Class A holdings following RSU award
Key Terms
restricted stock units ("RSUs"), deferral election, Amended and Restated Non-Employee Director Compensation Program, annual meeting of stockholders
4 terms
restricted stock units ("RSUs") financial
"The shares represent restricted stock units ("RSUs"), which will vest in full on the earlier of..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
deferral election financial
"The RSUs will be settled in accordance with the Reporting Person's deferral election under the Issuer's Amended..."
Amended and Restated Non-Employee Director Compensation Program financial
"under the Issuer's Amended and Restated Non-Employee Director Compensation Program or, if earlier, upon termination..."
annual meeting of stockholders financial
"immediately before the Issuer's annual meeting of stockholders to be held in 2027; subject to the Reporting Person's continued service..."
FAQ
What did Reddit (RDDT) director Patricia Filikrushel report in this Form 4?
Reddit director Patricia Filikrushel reported receiving 1,714 restricted stock units of Class A Common Stock as a grant. This equity award is part of her director compensation and increases her directly held position to 31,633 shares after the transaction.
Is Patricia Filikrushel’s Reddit (RDDT) Form 4 transaction a market purchase or sale?
The Form 4 shows a grant of 1,714 restricted stock units, not a market purchase or sale. The transaction code is “A,” indicating a grant or award as compensation, with a reported price per share of $0.0000 for these RSUs.
How and when will Patricia Filikrushel’s 1,714 Reddit (RDDT) RSUs vest?
The 1,714 RSUs will vest in full on the earlier of the first anniversary of the grant date or immediately before Reddit’s 2027 annual meeting. Vesting is conditional on her continued service as a director through the applicable vesting date.
How will the Reddit (RDDT) RSUs granted to Patricia Filikrushel be settled?
The RSUs will be settled in accordance with Patricia Filikrushel’s deferral election under Reddit’s Amended and Restated Non-Employee Director Compensation Program. If earlier, settlement will occur upon termination of her service as a director, instead of on the originally deferred schedule.