Reddit, Inc. (NYSE: RDDT) COO exercises options and sells 39,167 Class A shares
Rhea-AI Filing Summary
Reddit, Inc. Chief Operating Officer Jennifer L. Wong reported option exercises and sales of Class A Common Stock on July 15, 2026, pursuant to a Rule 10b5-1 trading plan adopted on May 16, 2025.
She exercised stock options to acquire 39,167 shares at $5.35 per share and sold 39,167 shares in multiple trades at weighted-average prices within ranges such as $190.38 to $190.66 and $206.80 to $206.85. After these transactions, she held 1,089,506 shares directly, 36,000 shares indirectly through the MorMa Trust dated June 22, 2021, and 76,453 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 39,167 shares ($7,750,173)
Net Sell
17 txns
Insider
Wong Jennifer L.
Role
Chief Operating Officer
Sold
39,167 shs ($7.75M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 39,167 | $0.00 | -- |
| Exercise | Class A Common Stock | 39,167 | $5.35 | $210K |
| Sale | Class A Common Stock | 300 | $190.54 | $57K |
| Sale | Class A Common Stock | 500 | $192.08 | $96K |
| Sale | Class A Common Stock | 700 | $193.85 | $136K |
| Sale | Class A Common Stock | 4,053 | $195.10 | $791K |
| Sale | Class A Common Stock | 4,047 | $195.79 | $792K |
| Sale | Class A Common Stock | 5,600 | $196.83 | $1.10M |
| Sale | Class A Common Stock | 10,767 | $198.03 | $2.13M |
| Sale | Class A Common Stock | 4,900 | $198.94 | $975K |
| Sale | Class A Common Stock | 3,184 | $199.89 | $636K |
| Sale | Class A Common Stock | 3,616 | $200.89 | $726K |
| Sale | Class A Common Stock | 700 | $201.94 | $141K |
| Sale | Class A Common Stock | 100 | $204.14 | $20K |
| Sale | Class A Common Stock | 500 | $205.85 | $103K |
| Sale | Class A Common Stock | 200 | $206.83 | $41K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 76,453 shares (Direct);
Class A Common Stock — 1,089,506 shares (Direct);
Class A Common Stock — 36,000 shares (Indirect, By MorMa Trust dated June 22, 2021)
Footnotes (1)
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 16, 2025. The sales were executed in multiple trades at prices ranging from $190.38 to $190.66. 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 15 to this Form 4. The sales were executed in multiple trades at prices ranging from $191.54 to $192.49. The sales were executed in multiple trades at prices ranging from $193.39 to $194.19. The sales were executed in multiple trades at prices ranging from $194.39 to $195.37. The sales were executed in multiple trades at prices ranging from $195.39 to $196.35. The sales were executed in multiple trades at prices ranging from $196.39 to $197.34. The sales were executed in multiple trades at prices ranging from $197.48 to $198.46. The sales were executed in multiple trades at prices ranging from $198.48 to $199.47. The sales were executed in multiple trades at prices ranging from $199.48 to $200.46. The sales were executed in multiple trades at prices ranging from $200.49 to $201.47. The sales were executed in multiple trades at prices ranging from $201.50 to $202.22. The sales were executed in multiple trades at prices ranging from $204.13 to $204.14. The sales were executed in multiple trades at prices ranging from $205.69 to $206.51. The sales were executed in multiple trades at prices ranging from $206.80 to $206.85. The stock option is fully vested and currently exercisable.
Key Figures
Shares sold: 39167.0000
Shares acquired via option exercise: 39167.0000
Option exercise price: $5.35
+4 more
7 metrics
Shares sold
39167.0000
Total Class A Common Stock sold on 2026-07-15
Shares acquired via option exercise
39167.0000
Class A shares obtained from stock option exercise on 2026-07-15
Option exercise price
$5.35
Per-share exercise price for 39,167 stock options
Sale price range (example)
$190.38 to $190.66
Price range for one group of sales described in footnote 2
Direct shares after transactions
1089506.0000
Directly held Class A shares following 2026-07-15 transactions
Indirect shares held
36000.0000
Class A shares held indirectly via MorMa Trust dated June 22, 2021
Stock options remaining
76453.0000
Stock Option (Right to Buy) position after exercising 39,167 options
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, Stock Option (Right to Buy), Class A Common Stock
4 terms
Rule 10b5-1 trading plan financial
"transactions were effected pursuant to a Rule 10b5-1 trading plan"
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.
weighted average sale price financial
"The price reported reflects the weighted average sale price"
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Class A Common Stock financial
"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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Reddit (RDDT) COO Jennifer L. Wong report on July 15, 2026?
Jennifer L. Wong reported exercising stock options for 39,167 Reddit Class A shares at $5.35 and selling 39,167 shares in multiple trades. The sales occurred at weighted-average prices across several ranges disclosed in accompanying footnotes.
What happened to Jennifer L. Wong’s Reddit (RDDT) stock options in this Form 4?
She exercised 39,167 stock options at an exercise price of $5.35 per share, converting them into Reddit Class A shares. Following this exercise, 76,453 stock options (rights to buy Reddit shares) remained outstanding and directly held.