Insider trade

Officer sold ~$2.69M of RDDT shares in the open market

Traded May 18, 2026 · Filed May 21, 2026

RedditRDDT

~$2.69M
Reported value · 17K sh @ $158.85: 1.1M
Holds after · shares reported: -6.0%
stock since the trade · S&P 500 +3.4%, $159.11 → $149.53 on Oct 1

Why it stands out

Reddit's Chief Operating Officer sold $2.69M of Reddit shares. It was planned long ago, so it says very little.

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: May 18, 2026
Reporting period: Not applicable
Filed with the SEC: May 21, 2026

Officer$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$2,686,789

Shares × reported transaction price

Timing vs results

18 days after results of Apr 30, 2026, 73 days before results of Jul 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 $159.11 on May 18, 2026, 66% above its 52-week low and 41% below its high, after a 15% rise over the previous 30 trading days

52-week range $95.85 (May 21, 2025) to $270.71 (Sep 18, 2025), 36% of the way up, from 251 adjusted closes. 30 trading days earlier: $138.34 on Apr 6, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

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	+11.8%	+1.6%	+10.2%
30 days	+13.6%	+0.2%	+13.4%
90 days	+1.1%	+3.5%	-2.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001663651-26-000012
Filed / recorded: May 21, 2026, 3:51 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: Jennifer L. Wong
Relationship: Officer
Officer title: Chief Operating Officer
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: May 18, 2026
Transaction code: S
Shares / units: 16,914
Price per share: $158.85
Acquired / disposed: Disposed (D)
Shares owned after: 1,097,905
Ownership form: Direct
Amendment: No

Footnotes from the filing

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 16, 2025.
The sales were executed in multiple trades at prices ranging from $158.22 to $159.20.