Filing Details
- Accession Number:
- 0001713445-24-000086
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-09-23 19:46:21
- Reporting Period:
- 2024-09-19
- Accepted Time:
- 2024-09-23 19:46:21
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1713445 | Reddit Inc. | RDDT | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1663651 | L. Jennifer Wong | C/O Reddit, Inc. 303 2Nd Street, South Tower, 5Th Floor San Francisco CA 94107 | Chief Operating Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2024-09-19 | 50,000 | $0.00 | 1,592,457 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-09-19 | 50,000 | $65.01 | 1,542,457 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2024-09-19 | 50,000 | $0.00 | 50,000 | $5.35 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 669,787 | 2028-06-12 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 161,000 | Indirect | By MorMa Trust dated June 22, 2021 |
Footnotes
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 21, 2024.
- The sales were executed in multiple trades at prices ranging from $65.00 to $65.08. 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.
- The stock option is fully vested and currently exercisable.
Billionaire Hedge Funds
