Insider trade

Director purchased ~$1.39M of RDDT shares in the open market

Traded Mar 13, 2026 · Filed Mar 18, 2026

~$1.39M
Reported value · 11K sh @ $132.26: 61K
Holds after · shares reported: +13.0%
stock since the trade · S&P 500 +15.4%, $132.36 → $149.53 on Oct 1

Why it stands out

A board member of Reddit spent $1.39M of their very own money to buy Reddit shares. Their pile of Reddit shares grew by 21%.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Mar 13, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 18, 2026

DirectorIndirect holding$1M+Holdings +21%

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$1,388,730

Shares × reported transaction price

Size band

$1M+

Ownership change

+20.8%

Purchase shares ÷ estimated pre-transaction holdings, from the filing

Rarity

First purchase in 1 month

Confirmed open-market purchases by the same insider in the available history

Largest by this insider

No

Compared with 3 earlier confirmed purchases

Cluster activity

No other insider purchases within 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Timing vs results

36 days after results of Feb 5, 2026, 48 days before results of Apr 30, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $132.36 on Mar 13, 2026, 52% above its 52-week low and 51% below its high, after a 30% drop over the previous 30 trading days

52-week range $86.91 (Apr 4, 2025) to $270.71 (Sep 18, 2025), 25% of the way up, from 251 adjusted closes. 30 trading days earlier: $190.05 on Jan 29, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Jun 18, 2025 in the U.S. District Court, N.D. California. A filing is an allegation, not a finding.

Tamraz, Jr v. Reddit, Inc., docket 3:25-cv-05144, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	-2.2%	-0.7%	-1.5%
30 days	+14.7%	+7.4%	+7.3%
90 days	+22.8%	+13.4%	+9.4%
180 days	+13.7%	+15.0%	-1.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001713445-26-000032
Filed / recorded: Mar 18, 2026, 3:20 AM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Reddit, Inc.
Issuer CIK: 1713445
Ticker: RDDT
Reporting person: Sarah E Farrell
Relationship: Director
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Mar 13, 2026
Transaction code: P
Shares / units: 10,500
Price per share: $132.26
Acquired / disposed: Acquired (A)
Shares owned after: 61,000
Ownership form: Indirect — Indirect interest in a partnership
Amendment: No

Footnotes from the filing

The purchases were executed in multiple trades at prices ranging from $131.83 to $132.50. The price reported reflects the weighted average purchase 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 purchase price within the range set forth in this footnote.
Waygrove Partnership LP, a Delaware limited partnership ("Waygrove"), owns the securities of the Company set forth on this report. Ms. Farrell, by virtue of her affiliation with Waygrove, may be deemed to beneficially own the securities of the Company owned directly by Waygrove. Ms. Farrell disclaims beneficial ownership of the securities owned by Waygrove, and this report shall not be deemed an admission that Ms. Farrell is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.