Tencent Holdings Ltd - 19 Nov 2024 Form 4 Insider Report for Reddit, Inc. (RDDT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
21 Nov 2024, 16:52:46 UTC
Prior SEC filing
18 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
TENCENT HOLDINGS LIMITED By: /s/ Ma Huateng, Director

Key filing fact

Tencent Holdings Ltd filed Form 4 for Reddit, Inc. (RDDT) on 21 Nov 2024.

Key facts

  • This page summarizes Tencent Holdings Ltd's Form 4 filing for Reddit, Inc. (RDDT).
  • 10 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 21 Nov 2024, 16:52.

Change

  • Previous filing in this sequence was filed on 18 Nov 2024.
  • Current net transaction value: -$88,463,008.

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

Sale

Transaction value
$1,039,460
Shares
-8,041
Change %
-0.1%
Price
$129.27
Shares after
8,347,970
Date
19 Nov 2024
Ownership
See Footnote
Footnotes
F1, F4
RDDT transaction

Class A Common Stock

Sale

Transaction value
$3,125,293
Shares
-23,978
Change %
-0.29%
Price
$130.34
Shares after
8,323,992
Date
19 Nov 2024
Ownership
See Footnote
Footnotes
F1, F5
RDDT transaction

Class A Common Stock

Sale

Transaction value
$1,559,349
Shares
-11,888
Change %
-0.14%
Price
$131.17
Shares after
8,312,104
Date
19 Nov 2024
Ownership
See Footnote
Footnotes
F1, F6
RDDT transaction

Class A Common Stock

Sale

Transaction value
$5,923,329
Shares
-44,728
Change %
-0.54%
Price
$132.43
Shares after
8,267,376
Date
19 Nov 2024
Ownership
See Footnote
Footnotes
F1, F7
RDDT transaction

Class A Common Stock

Sale

Transaction value
$16,437,986
Shares
-123,362
Change %
-1.5%
Price
$133.25
Shares after
8,144,014
Date
19 Nov 2024
Ownership
See Footnote
Footnotes
F1, F8
RDDT transaction

Class A Common Stock

Sale

Transaction value
$10,188,132
Shares
-75,861
Change %
-0.93%
Price
$134.30
Shares after
8,068,153
Date
19 Nov 2024
Ownership
See Footnote
Footnotes
F1, F9
RDDT transaction

Class A Common Stock

Sale

Transaction value
$11,550,691
Shares
-85,548
Change %
-1.1%
Price
$135.02
Shares after
7,982,605
Date
19 Nov 2024
Ownership
See Footnote
Footnotes
F1, F10
RDDT transaction

Class A Common Stock

Sale

Transaction value
$12,032,607
Shares
-88,235
Change %
-1.1%
Price
$136.37
Shares after
7,894,370
Date
19 Nov 2024
Ownership
See Footnote
Footnotes
F1, F11
RDDT transaction

Class A Common Stock

Sale

Transaction value
$18,250,292
Shares
-132,797
Change %
-1.7%
Price
$137.43
Shares after
7,761,573
Date
19 Nov 2024
Ownership
See Footnote
Footnotes
F1, F12
RDDT transaction

Class A Common Stock

Sale

Transaction value
$8,355,869
Shares
-60,541
Change %
-0.78%
Price
$138.02
Shares after
7,701,032
Date
19 Nov 2024
Ownership
See Footnote
Footnotes
F1, F13
RDDT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
50,425
Date
19 Nov 2024
Ownership
See Footnote
Footnotes
F3

Reported derivative securities

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

RDDT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
437,987
Date
19 Nov 2024
Ownership
See Footnote
Underlying class
Class A Common Stock
Underlying amount
437,987
Exercise price
Footnotes
F2, F3
RDDT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,222,385
Date
19 Nov 2024
Ownership
See Footnote
Underlying class
Class A Common Stock
Underlying amount
4,222,385
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Tencent Holdings Ltd is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 13 footnotes

Footnote F1

Held of record by Tencent Cloud Europe B.V., a wholly-owned subsidiary of Aceville Pte Ltd, which is a wholly-owned subsidiary of TCH Delta Limited, which is a wholly-owned subsidiary of Tencent Holdings Limited ("Tencent").

Footnote F2

Class B Common Stock is convertible at any time, at the holder's election, or automatically in accordance with the governing documents of the Issuer, into Class A Common Stock, par value of $0.0001 per share, on a one-for-one basis and has no expiration date.

Footnote F3

Held of record by Jojoba Investment Limited, a wholly-owned subsidiary of Tencent.

Footnote F4

The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $128.81 to $129.79, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (13) to this Form 4.

Footnote F5

The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $129.87 to $130.80, inclusive.

Footnote F6

The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $130.81 to $131.80, inclusive.

Footnote F7

The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $131.84 to $132.80, inclusive.

Footnote F8

The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $132.81 to $133.80, inclusive.

Footnote F9

The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $133.81 to $134.80, inclusive.

Footnote F10

The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $134.81 to $135.78, inclusive.

Footnote F11

The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $135.82 to $136.80, inclusive.

Footnote F12

The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $136.81 to $137.80, inclusive.

Footnote F13

The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $137.81 to $138.46, inclusive.

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