Form 4: Reddit COO Sells Shares
Insider Transaction (Form 4)
Jennifer L. Wong, Chief Operating Officer of Reddit, Inc., sold 60,000 shares of common stock on October 14, 2026.
Summary
- Option exercise/conversion: acquired 45,437 Class A Common Stock at $20.76 ($943,272) on October 14, 2026; holds 1,057,663 after (Direct).
- Option exercise/conversion: acquired 14,563 Class A Common Stock at $25.29 ($368,298) on October 14, 2026; holds 1,072,226 after (Direct).
- Open-market sale: disposed of 26,105 Class A Common Stock at $148.86 ($3,885,990) on October 14, 2026; holds 1,046,121 after (Direct).
- Open-market sale: disposed of 6,399 Class A Common Stock at $150.08 ($960,362) on October 14, 2026; holds 1,039,722 after (Direct).
- Open-market sale: disposed of 11,200 Class A Common Stock at $150.87 ($1,689,744) on October 14, 2026; holds 1,028,522 after (Direct).
- Open-market sale: disposed of 5,495 Class A Common Stock at $152.14 ($836,009) on October 14, 2026; holds 1,023,027 after (Direct).
- Open-market sale: disposed of 5,701 Class A Common Stock at $152.82 ($871,227) on October 14, 2026; holds 1,017,326 after (Direct).
- Open-market sale: disposed of 2,100 Class A Common Stock at $154.03 ($323,463) on October 14, 2026; holds 1,015,226 after (Direct).
- Open-market sale: disposed of 1,639 Class A Common Stock at $154.88 ($253,848) on October 14, 2026; holds 1,013,587 after (Direct).
- Open-market sale: disposed of 1,361 Class A Common Stock at $155.91 ($212,194) on October 14, 2026; holds 1,012,226 after (Direct).
- Option exercise/conversion: disposed of 45,437 Stock Option (Right to Buy) on October 14, 2026 (Direct).
- Option exercise/conversion: disposed of 14,563 Stock Option (Right to Buy) on October 14, 2026; holds 1,428,511 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $9,032,837 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 |
|---|---|---|---|---|---|---|
| 2026-10-14 | Option exercise/conversion | Class A Common Stock | 45,437 | $21 | $943.3K | 1,057,663 |
| 2026-10-14 | Option exercise/conversion | Class A Common Stock | 14,563 | $25 | $368.3K | 1,072,226 |
| 2026-10-14 | Open-market sale | Class A Common Stock | 26,105 | $149 | $3.9M | 1,046,121 |
| 2026-10-14 | Open-market sale | Class A Common Stock | 6,399 | $150 | $960.4K | 1,039,722 |
| 2026-10-14 | Open-market sale | Class A Common Stock | 11,200 | $151 | $1.7M | 1,028,522 |
| 2026-10-14 | Open-market sale | Class A Common Stock | 5,495 | $152 | $836.0K | 1,023,027 |
| 2026-10-14 | Open-market sale | Class A Common Stock | 5,701 | $153 | $871.2K | 1,017,326 |
| 2026-10-14 | Open-market sale | Class A Common Stock | 2,100 | $154 | $323.5K | 1,015,226 |
| 2026-10-14 | Open-market sale | Class A Common Stock | 1,639 | $155 | $253.8K | 1,013,587 |
| 2026-10-14 | Open-market sale | Class A Common Stock | 1,361 | $156 | $212.2K | 1,012,226 |
| 2026-10-14 | Option exercise/conversion | Stock Option (Right to Buy) | 45,437 | — | — | 0 |
| 2026-10-14 | Option exercise/conversion | Stock Option (Right to Buy) | 14,563 | — | — | 1,428,511 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-14 | Option exercise/conversion (45,437 shares) |
| 2026-10-14 | Option exercise/conversion (14,563 shares) |
| 2026-10-14 | Open-market sale (26,105 shares) |
| 2026-10-14 | Open-market sale (6,399 shares) |
| 2026-10-14 | Open-market sale (11,200 shares) |
| 2026-10-14 | Open-market sale (5,495 shares) |
| 2026-10-14 | Open-market sale (5,701 shares) |
| 2026-10-14 | Open-market sale (2,100 shares) |
| 2026-10-14 | Open-market sale (1,639 shares) |
| 2026-10-14 | Open-market sale (1,361 shares) |
| 2026-10-14 | Option exercise/conversion (45,437 shares) |
| 2026-10-14 | Option exercise/conversion (14,563 shares) |
Keywords
insider transaction, Form 4, RDDT, Reddit, Inc., bearish, Jennifer L. Wong
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