Filing Details
- Accession Number:
- 0001713445-24-000096
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-10-24 20:03:15
- Reporting Period:
- 2024-10-22
- Accepted Time:
- 2024-10-24 20:03:15
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1713445 | Reddit Inc. | RDDT | Services-Computer Processing & Data Preparation (7374) | 452546501 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1924253 | Brian Christopher Slowe | C/O Reddit, Inc. 303 2Nd Street, South Tower, 5Th Floor San Francisco CA 94107 | Chief Technology 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 | 2024-10-22 | 11,000 | $0.00 | 350,295 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2024-10-22 | 10,500 | $77.43 | 339,795 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-10-22 | 500 | $77.98 | 339,295 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-10-22 | 4,900 | $77.47 | 30,168 | No | 4 | S | Indirect | By The Slowe Family Trust dated January 26, 2012 |
| Class A Common Stock | Disposition | 2024-10-22 | 100 | $78.03 | 30,068 | No | 4 | S | Indirect | By The Slowe Family Trust dated January 26, 2012 |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | By The Slowe Family Trust dated January 26, 2012 |
| No | 4 | S | Indirect | By The Slowe Family Trust dated January 26, 2012 |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Stock Option (Right to Buy) | Disposition | 2024-10-22 | 11,000 | $0.00 | 11,000 | $1.93 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2024-10-22 | 11,000 | $0.00 | 11,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2024-10-22 | 11,000 | $0.00 | 11,000 | $0.00 |
| Class B Common Stock | Stock Option (Right to Buy) | Disposition | 2024-10-23 | 6,728 | $0.00 | 6,728 | $1.93 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2024-10-23 | 6,728 | $0.00 | 6,728 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 272,648 | 2026-02-25 | No | 4 | M | Direct | |
| 24,456 | No | 4 | M | Direct | ||
| 13,456 | No | 4 | C | Direct | ||
| 265,920 | 2026-02-25 | No | 4 | M | Direct | |
| 20,184 | No | 4 | M | Direct |
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 $76.86 to $77.84. 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 (4) to this Form 4.
- The sales were executed in multiple trades at prices ranging from $77.88 to $78.03.
- The sales were executed in multiple trades at prices ranging from $76.94 to $77.93.
- The stock option is fully vested and currently exercisable.
- The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.
Billionaire Hedge Funds
