Christopher Brian Slowe - 20 Aug 2024 Form 4 Insider Report for Reddit, Inc. (RDDT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Aug 2024, 20:41:05 UTC
Prior SEC filing
28 May 2024
Next SEC filing
25 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Julie Rogers, Attorney-in-Fact

Key filing fact

Christopher Brian Slowe filed Form 4 for Reddit, Inc. (RDDT) on 22 Aug 2024.

Key facts

  • This page summarizes Christopher Brian Slowe's Form 4 filing for Reddit, Inc. (RDDT).
  • 13 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 22 Aug 2024, 20:41.

Change

  • Previous filing in this sequence was filed on 28 May 2024.
  • Current net transaction value: -$3,108,907.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RDDT transaction

Class A Common Stock

Tax liability

Transaction value
$1,705,273
Shares
-31,370
Change %
-8.2%
Price
$54.36
Shares after
349,295
Date
20 Aug 2024
Ownership
Direct
Footnotes
F1
RDDT transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+11,000
Change %
+3.1%
Price
$0.000000
Shares after
360,295
Date
20 Aug 2024
Ownership
Direct
RDDT transaction

Class A Common Stock

Sale

Transaction value
$333,585
Shares
-6,300
Change %
-1.7%
Price
$52.95
Shares after
353,995
Date
20 Aug 2024
Ownership
Direct
Footnotes
F2, F3
RDDT transaction

Class A Common Stock

Sale

Transaction value
$336,946
Shares
-6,249
Change %
-1.8%
Price
$53.92
Shares after
347,746
Date
20 Aug 2024
Ownership
Direct
Footnotes
F2, F4
RDDT transaction

Class A Common Stock

Sale

Transaction value
$463,199
Shares
-8,451
Change %
-2.4%
Price
$54.81
Shares after
339,295
Date
20 Aug 2024
Ownership
Direct
Footnotes
F2, F5
RDDT transaction

Class A Common Stock

Sale

Transaction value
$68,903
Shares
-1,303
Change %
-2.9%
Price
$52.88
Shares after
43,765
Date
20 Aug 2024
Ownership
By The Slowe Family Trust dated January 26, 2012
Footnotes
F2, F6
RDDT transaction

Class A Common Stock

Sale

Transaction value
$113,421
Shares
-2,100
Change %
-4.8%
Price
$54.01
Shares after
41,665
Date
20 Aug 2024
Ownership
By The Slowe Family Trust dated January 26, 2012
Footnotes
F2, F7
RDDT transaction

Class A Common Stock

Sale

Transaction value
$87,579
Shares
-1,597
Change %
-3.8%
Price
$54.84
Shares after
40,068
Date
20 Aug 2024
Ownership
By The Slowe Family Trust dated January 26, 2012
Footnotes
F2, F8

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RDDT transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-11,000
Change %
-3.4%
Price
$0.000000
Shares after
308,104
Date
20 Aug 2024
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
11,000
Exercise price
$1.93
Footnotes
F9
RDDT transaction Derivative

Class B Common Stock

Options Exercise

Transaction value
$0
Shares
+11,000
Change %
Price
$0.000000
Shares after
11,000
Date
20 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
11,000
Exercise price
Footnotes
F10
RDDT transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-11,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
20 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
11,000
Exercise price
Footnotes
F10
RDDT transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-6,728
Change %
-2.2%
Price
$0.000000
Shares after
301,376
Date
21 Aug 2024
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
6,728
Exercise price
$1.93
Footnotes
F9
RDDT transaction Derivative

Class B Common Stock

Options Exercise

Transaction value
$0
Shares
+6,728
Change %
Price
$0.000000
Shares after
6,728
Date
21 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
6,728
Exercise price
Footnotes
F10
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 10 footnotes

Footnote F1

These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.

Footnote F2

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.

Footnote F3

The sales were executed in multiple trades at prices ranging from $52.43 to $53.41. 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 (3) to (8) to this Form 4.

Footnote F4

The sales were executed in multiple trades at prices ranging from $53.43 to $54.42.

Footnote F5

The sales were executed in multiple trades at prices ranging from $54.44 to $55.05.

Footnote F6

The sales were executed in multiple trades at prices ranging from $52.50 to $53.49.

Footnote F7

The sales were executed in multiple trades at prices ranging from $53.55 to $54.51.

Footnote F8

The sales were executed in multiple trades at prices ranging from $54.60 to $55.04.

Footnote F9

The stock option is fully vested and currently exercisable.

Footnote F10

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.

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