Reddit, Inc. 4
0001663651-26-000015
View on SEC EDGARReddit COO Jennifer L. Wong exercised 39,167 stock options at $5.35 and sold about 40,067 Class A shares for roughly $8 million under a Rule 10b5-1 plan on July 15, 2026.
On July 15, 2026, Reddit, Inc. Chief Operating Officer Jennifer L. Wong exercised 39,167 stock options at $5.35 per share, acquiring an equal number of Class A common shares, and on the same day sold an aggregate of 40,067 Class A shares in a series of Rule 10b5-1 plan trades at prices ranging from approximately $190.54 to $206.83 per share. The gross proceeds from the sales were roughly $7.9–$8.1 million, while the option exercise cost about $0.2 million, implying a substantial net monetization. Following these transactions, Wong directly owned 1,051,039 Class A shares (plus an additional 36,000 shares held indirectly by the MorMa Trust), which at the provided reference price of $179.51 per share represent direct holdings of roughly $188.7 million and indirect holdings of about $6.5 million. The options exercised were fully vested and currently exercisable, and the sales were executed under a pre-established 10b5-1 trading plan adopted on May 16, 2025.
Filing Facts
- CIK
- 1713445
- Ticker
- RDDT
- Form
- 4
- Source Type
- sec
- Accession
- 0001663651-26-000015
- Alert Tier
- 7