Form 4: Reddit COO Sells Shares
Insider Transaction (Form 4)
Jennifer L. Wong, Chief Operating Officer of Reddit, Inc., sold 75,000 shares of common stock on August 14, 2026.
Summary
- Option exercise/conversion: acquired 60,000 Class A Common Stock at $5.35 ($321,000) on August 14, 2026; holds 1,110,339 after (Direct).
- Option exercise/conversion: acquired 15,000 Class A Common Stock at $25.29 ($379,350) on August 14, 2026; holds 1,125,339 after (Direct).
- Open-market sale: disposed of 2,796 Class A Common Stock at $174.82 ($488,797) on August 14, 2026; holds 1,122,543 after (Direct).
- Open-market sale: disposed of 5,324 Class A Common Stock at $175.70 ($935,427) on August 14, 2026; holds 1,117,219 after (Direct).
- Open-market sale: disposed of 11,380 Class A Common Stock at $176.73 ($2,011,187) on August 14, 2026; holds 1,105,839 after (Direct).
- Open-market sale: disposed of 14,000 Class A Common Stock at $177.91 ($2,490,740) on August 14, 2026; holds 1,091,839 after (Direct).
- Open-market sale: disposed of 12,570 Class A Common Stock at $178.71 ($2,246,385) on August 14, 2026; holds 1,079,269 after (Direct).
- Open-market sale: disposed of 21,930 Class A Common Stock at $180.00 ($3,947,400) on August 14, 2026; holds 1,057,339 after (Direct).
- Open-market sale: disposed of 3,200 Class A Common Stock at $180.71 ($578,272) on August 14, 2026; holds 1,054,139 after (Direct).
- Open-market sale: disposed of 2,400 Class A Common Stock at $181.88 ($436,512) on August 14, 2026; holds 1,051,739 after (Direct).
- Open-market sale: disposed of 1,000 Class A Common Stock at $182.70 ($182,700) on August 14, 2026; holds 1,050,739 after (Direct).
- Open-market sale: disposed of 400 Class A Common Stock at $183.95 ($73,580) on August 14, 2026; holds 1,050,339 after (Direct).
- Option exercise/conversion: disposed of 60,000 Stock Option (Right to Buy) on August 14, 2026; holds 16,453 after (Direct).
- Option exercise/conversion: disposed of 15,000 Stock Option (Right to Buy) on August 14, 2026; holds 1,443,074 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $13,391,000 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Jennifer L. Wong — Officer (Chief Operating Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-14 | Option exercise/conversion | Class A Common Stock | 60,000 | $5 | $321.0K | 1,110,339 |
| 2026-08-14 | Option exercise/conversion | Class A Common Stock | 15,000 | $25 | $379.4K | 1,125,339 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 2,796 | $175 | $488.8K | 1,122,543 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 5,324 | $176 | $935.4K | 1,117,219 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 11,380 | $177 | $2.0M | 1,105,839 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 14,000 | $178 | $2.5M | 1,091,839 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 12,570 | $179 | $2.2M | 1,079,269 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 21,930 | $180 | $3.9M | 1,057,339 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 3,200 | $181 | $578.3K | 1,054,139 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 2,400 | $182 | $436.5K | 1,051,739 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 1,000 | $183 | $182.7K | 1,050,739 |
| 2026-08-14 | Open-market sale | Class A Common Stock | 400 | $184 | $73.6K | 1,050,339 |
| 2026-08-14 | Option exercise/conversion | Stock Option (Right to Buy) | 60,000 | — | — | 16,453 |
| 2026-08-14 | Option exercise/conversion | Stock Option (Right to Buy) | 15,000 | — | — | 1,443,074 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-14 | Option exercise/conversion (60,000 shares) |
| 2026-08-14 | Option exercise/conversion (15,000 shares) |
| 2026-08-14 | Open-market sale (2,796 shares) |
| 2026-08-14 | Open-market sale (5,324 shares) |
| 2026-08-14 | Open-market sale (11,380 shares) |
| 2026-08-14 | Open-market sale (14,000 shares) |
| 2026-08-14 | Open-market sale (12,570 shares) |
| 2026-08-14 | Open-market sale (21,930 shares) |
| 2026-08-14 | Open-market sale (3,200 shares) |
| 2026-08-14 | Open-market sale (2,400 shares) |
| 2026-08-14 | Open-market sale (1,000 shares) |
| 2026-08-14 | Open-market sale (400 shares) |
| 2026-08-14 | Option exercise/conversion (60,000 shares) |
| 2026-08-14 | Option exercise/conversion (15,000 shares) |
Keywords
insider transaction, Form 4, RDDT, Reddit, Inc., bearish, Jennifer L. Wong
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