Reddit CFO Disposes of $1.57M in Shares for Tax Withholding
Reddit, Inc.
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Filing Summary
Andrew Vollero, Chief Financial Officer of Reddit ($RDDT), disposed of 10,319 shares of Class A Common Stock at $151.71 per share, totaling approximately $1.57M. This was a non-market transaction to cover tax withholding obligations.
Comprehensive Analysis
Andrew Vollero, the Chief Financial Officer of Reddit, Inc., executed a disposition of 10,319 shares of Class A Common Stock on August 20, 2026. The transaction was valued at approximately $1.57 million, based on a price of $151.71 per share. According to the filing's footnote and the transaction code 'F', these shares were not sold on the open market but were instead withheld by the company to satisfy tax withholding obligations, which typically arise from the vesting of restricted stock units (RSUs). Following this transaction, Vollero's direct holdings in the company amount to 233,889 shares. This type of transaction is common for executives and is not considered a discretionary trade reflecting a change in market sentiment.
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