Reddit (NYSE: RDDT) CTO sells 19K shares and secures 38,413 RSUs
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 received a grant of 38,413 restricted stock units, each representing one share, that vest quarterly over one year on May 20, August 20, November 20, and February 20, subject to continued service.
Slowe also exercised a stock option for 10,036 shares, from a fully vested and currently exercisable option, and acquired the same number of Class A shares. On the same date, he sold 19,036 shares in open-market transactions at prices detailed in the filing, executed under a Rule 10b5-1 trading plan adopted on May 9, 2025. Separately, 10,050 shares were withheld by Reddit to cover tax obligations, described as not a market sale. Following these transactions, Slowe directly held 185,057 Class A shares and indirectly held 20,184 shares through The Slowe Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 19,036 shares ($2,742,198)
Net Sell
14 txns
Insider
Slowe Christopher Brian
Role
Chief Technology Officer
Sold
19,036 shs ($2.74M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 10,036 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,036 | $7.92 | $79K |
| Sale | Class A Common Stock | 3,356 | $141.12 | $474K |
| Sale | Class A Common Stock | 4,730 | $141.98 | $672K |
| Sale | Class A Common Stock | 2,409 | $142.91 | $344K |
| Sale | Class A Common Stock | 1,667 | $143.99 | $240K |
| Sale | Class A Common Stock | 1,303 | $144.72 | $189K |
| Sale | Class A Common Stock | 1,971 | $146.16 | $288K |
| Sale | Class A Common Stock | 1,300 | $147.20 | $191K |
| Sale | Class A Common Stock | 200 | $148.71 | $30K |
| Sale | Class A Common Stock | 2,100 | $149.99 | $315K |
| Grant/Award | Class A Common Stock | 38,413 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 10,050 | $146.13 | $1.47M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 96,543 shares (Direct);
Class A Common Stock — 204,093 shares (Direct);
Class A Common Stock — 20,184 shares (Indirect, By The Slowe Family Trust dated January 26, 2012)
Footnotes (1)
- These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock. The RSUs shall vest quarterly over a 1-year period, with 1/4th of the RSUs vesting on each of May 20, August 20, November 20, and February 20, subject to the Reporting Person continuing to be a service provider through each such date. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale. 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 $140.55 to $141.54. 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 (4) to (12) to this Form 4. The sales were executed in multiple trades at prices ranging from $141.55 to $142.52. The sales were executed in multiple trades at prices ranging from $142.56 to $143.55. The sales were executed in multiple trades at prices ranging from $143.56 to $144.48. The sales were executed in multiple trades at prices ranging from $144.57 to $144.94. The sales were executed in multiple trades at prices ranging from $145.72 to $146.69. The sales were executed in multiple trades at prices ranging from $146.92 to $147.47. The sales were executed in multiple trades at prices ranging from $148.42 to $149.00. The sales were executed in multiple trades at prices ranging from $149.55 to $150.00. The stock option is fully vested and currently exercisable.
FAQ
What did Reddit (RDDT) CTO Christopher Brian Slowe report in this Form 4?
Christopher Brian Slowe reported a new equity award, an option exercise, tax-withholding shares, and multiple open-market sales. These transactions change the mix of his Reddit Class A shareholdings while leaving him with a substantial remaining stake held directly and via a family trust.
What equity award did Reddit (RDDT) grant to its CTO in this filing?
Reddit granted Christopher Brian Slowe 38,413 restricted stock units, each tied to one Class A share. The RSUs vest in four equal quarterly installments on May 20, August 20, November 20, and February 20, contingent on his continued service with the company through each vesting date.
What stock option activity did Reddit (RDDT) CTO Christopher Slowe report?
Christopher Brian Slowe exercised a fully vested, currently exercisable stock option for 10,036 shares of Reddit Class A common stock. The derivative exercise converted the option, reported with a zero exercise price per share in the derivative table, into an equivalent number of owned Class A shares.