Reddit COO Disposes of Shares for Tax Obligations
Reddit, Inc.
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Filing Summary
Jennifer Wong (Chief Operating Officer) of Reddit, Inc. (RDDT) disposed of 38,113 shares of Class A Common Stock at $151.71 per share, totaling approximately $5.78M. This was a non-market transaction to cover tax withholding obligations. Wong now directly owns 1,012,226 shares.
Comprehensive Analysis
On August 20, 2026, Jennifer Wong, the Chief Operating Officer of Reddit, Inc., disposed of 38,113 shares of Class A Common Stock. The transaction was valued at approximately $5.78 million, based on a price of $151.71 per share.
This transaction, marked with code 'F', was not an open market sale. As indicated by the filing's footnote, these shares were withheld by the company to satisfy tax obligations related to vested equity. This is a common, non-discretionary transaction and does not represent a change in the executive's market sentiment. Following the disposition, Wong directly holds 1,012,226 shares of the company's shares.
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