Reddit, Inc. 4
0001663651-26-000016
View on SEC EDGARReddit COO Jennifer L. Wong net-exercised options for 75,000 Reddit (RDDT) Class A shares and sold 73,100 shares for roughly $13.0 million under a Rule 10b5-1 plan, retaining over 1.08 million shares (direct and indirect).
On August 14, 2026, Reddit, Inc. Chief Operating Officer Jennifer L. Wong exercised two stock option grants for a total of 75,000 shares of Class A Common Stock (60,000 shares at an exercise price of $5.35 and 15,000 shares at $25.29), then sold 73,100 shares in a series of Rule 10b5-1 plan trades at weighted-average prices ranging from approximately $174.82 to $183.95 per share. The option exercises had de minimis cash cost relative to the sale proceeds and appear to be routine monetization and diversification transactions under a pre-arranged trading plan, not an open-market purchase for investment. Following these transactions, Wong reported direct ownership of 1,050,339 Class A shares and indirect ownership of 36,000 Class A shares held by the MorMa Trust dated June 22, 2021. Using the recent trading price around $158.40 per share, her remaining direct ownership is valued at roughly $166 million, while her indirect trust holdings are valued at about $5.7 million, indicating she continues to hold a substantial equity stake after the sales.
Filing Facts
- CIK
- 1713445
- Ticker
- RDDT
- Form
- 4
- Source Type
- sec
- Accession
- 0001663651-26-000016
- Alert Tier
- 7