Reddit (NYSE: RDDT) CTO sells 15,500 shares and exercises options in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reddit, Inc. Chief Technology Officer Christopher Brian Slowe reported multiple equity transactions in Class A Common Stock. He exercised stock options to acquire 7,500 shares at an exercise price of $7.92 per share, and sold 15,500 shares in open-market trades at prices ranging from $144.16 to $154.47, executed under a Rule 10b5-1 trading plan adopted on May 9, 2025. He also completed bona fide gifts totaling 16,000 shares, including a transfer from The Slowe Family Trust to himself individually with no consideration paid. Following these transactions, he holds 38,413 shares directly and 154,828 shares indirectly through The Slowe Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,500 shares ($2,335,420)
Net Sell
13 txns
Insider
Slowe Christopher Brian
Role
Chief Technology Officer
Sold
15,500 shs ($2.34M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 7,500 | $0.00 | -- |
| Gift | Class A Common Stock | 8,000 | $0.00 | -- |
| Gift | Class A Common Stock | 8,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 7,500 | $7.92 | $59K |
| Sale | Class A Common Stock | 3,200 | $144.83 | $463K |
| Sale | Class A Common Stock | 300 | $145.83 | $44K |
| Sale | Class A Common Stock | 1,700 | $146.83 | $250K |
| Sale | Class A Common Stock | 1,300 | $147.85 | $192K |
| Sale | Class A Common Stock | 500 | $148.83 | $74K |
| Sale | Class A Common Stock | 100 | $149.96 | $15K |
| Sale | Class A Common Stock | 100 | $151.03 | $15K |
| Sale | Class A Common Stock | 200 | $153.39 | $31K |
| Sale | Class A Common Stock | 8,100 | $154.47 | $1.25M |
Holdings After Transaction:
Stock Option (Right to Buy) — 74,043 shares (Direct);
Class A Common Stock — 154,828 shares (Indirect, By The Slowe Family Trust dated January 26, 2012);
Class A Common Stock — 46,413 shares (Direct)
Footnotes (1)
- Represents the transfer of shares from The Slowe Family Trust dated January 26, 2012, to the reporting person individually. No consideration was paid in connection with this transfer. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2025. The sales were executed in multiple trades at prices ranging from $144.16 to $145.08. 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 8 to this Form 4. The sales were executed in multiple trades at prices ranging from $145.39 to $146.10. The sales were executed in multiple trades at prices ranging from $146.48 to $147.47. The sales were executed in multiple trades at prices ranging from $147.56 to $148.36. The sales were executed in multiple trades at prices ranging from $148.72 to $148.99. The sales were executed in multiple trades at prices ranging from $153.31 to $153.47. The stock option is fully vested and currently exercisable.
Key Figures
Shares sold: 15,500 shares
Option exercise: 7,500 shares at $7.92
Shares gifted: 16,000 shares
+3 more
6 metrics
Shares sold
15,500 shares
Open-market sales on April 8, 2026
Option exercise
7,500 shares at $7.92
Stock option exercise into Class A Common Stock
Shares gifted
16,000 shares
Bona fide gifts including transfer from family trust
Direct holdings after transactions
38,413 shares
Class A Common Stock held directly by CTO
Indirect trust holdings
154,828 shares
Held by The Slowe Family Trust after transfer
Highest reported sale price
$154.47 per share
One of several sale prices on April 8, 2026
Key Terms
Rule 10b5-1 trading plan, bona fide gift, weighted average sale price, stock option, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
weighted average sale price financial
"The price reported reflects the weighted average sale price."
stock option financial
"The stock option is fully vested and currently exercisable."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Class A Common Stock financial
"underlying_security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transactions did Reddit (RDDT) CTO Christopher Slowe report on this Form 4?
Christopher Slowe reported exercising options for 7,500 Reddit Class A shares, selling 15,500 shares in open-market trades, and making bona fide gifts totaling 16,000 shares. These transactions were all dated April 8, 2026, according to the Form 4 data.
At what prices did the Reddit (RDDT) CTO sell his Class A Common Stock?
The CTO’s reported Reddit share sales occurred in multiple trades at prices ranging from $144.16 to $154.47 per share. Individual sale blocks include prices such as $144.83, $145.83, $146.83, $147.85, $148.83, $149.96, $151.03, and $153.39.
What is the exercise price and vesting status of the Reddit (RDDT) CTO’s stock option in this Form 4?
The CTO exercised a stock option for 7,500 underlying Reddit Class A shares at an exercise price of $7.92 per share. A footnote clarifies that this stock option is fully vested and currently exercisable as of the reported transaction date.