Wong Jennifer L. 4

4 · Reddit, Inc. · Filed Mar 20, 2026

AI-generated summary of this filing

Updated Mar 20, 2026

Reddit (RDDT) COO Jennifer Wong Sells Shares After Exercising Options

What Happened

Jennifer L. Wong, Chief Operating Officer of Reddit, exercised/converting 33,507 derivative shares (reported at $0.00) and sold a total of 39,165 shares in multiple open-market transactions on March 18, 2026. The reported proceeds from the sales total approximately $5.62 million. The option/derivative is reported as fully vested and exercisable.

Key Details

Transaction date: March 18, 2026; Form 4 filed March 20, 2026 (timely).
Sales executed at prices ranging roughly from $142.13 to $146.53 per share; total reported sale proceeds ≈ $5,616,679.
Exercise/conversion reported at $0.00 per share for 33,507 shares (derivative code M); the option is fully vested (footnote F10).
The sales were effected pursuant to a Rule 10b5-1 trading plan adopted May 16, 2025 (footnote F1).
Filing did not specify Jennifer Wong’s total shares owned after these transactions in the provided filing excerpt.

Context

This was an exercise/conversion of derivative holdings followed by open-market sales. When insiders exercise options and sell the resulting shares (often under a pre-established 10b5-1 plan), it is typically a liquidity event rather than a direct buy or sell signal about the insider’s view of the company. The filing is factual and does not indicate motivation.

Form 4

Period: 2026-03-18

Chief Operating Officer

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-03-18+33,507→ 1,121,958 total
Sale
Class A Common Stock
[F1][F2]
2026-03-18$142.76/sh−15,946$2,276,451→ 1,106,012 total
Sale
Class A Common Stock
[F1][F3]
2026-03-18$143.54/sh−11,732$1,684,011→ 1,094,280 total
Sale
Class A Common Stock
[F1][F4]
2026-03-18$144.51/sh−3,929$567,780→ 1,090,351 total
Sale
Class A Common Stock
[F1][F5]
2026-03-18$145.63/sh−1,500$218,445→ 1,088,851 total
Sale
Class A Common Stock
[F1][F6]
2026-03-18$146.36/sh−400$58,544→ 1,088,451 total
Sale
Class A Common Stock
[F1][F7]
2026-03-18$142.81/sh−2,758$393,870→ 38,900 total(indirect: By Trust)
Sale
Class A Common Stock
[F1][F8]
2026-03-18$143.68/sh−2,100$301,728→ 36,800 total(indirect: By Trust)
Sale
Class A Common Stock
[F1][F9]
2026-03-18$144.46/sh−600$86,676→ 36,200 total(indirect: By Trust)
Sale
Class A Common Stock
[F1]
2026-03-18$145.29/sh−100$14,529→ 36,100 total(indirect: By Trust)
Sale
Class A Common Stock
[F1]
2026-03-18$146.45/sh−100$14,645→ 36,000 total(indirect: By Trust)
Exercise/Conversion
Stock Option (Right to Buy)
[F1][F10]
2026-03-18−33,507→ 233,120 total
Exercise: $5.35Exp: 2028-06-12→ Class A Common Stock (33,507 underlying)

Footnotes (10)

[F1]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.
[F10]The stock option is fully vested and currently exercisable.
[F2]The sales were executed in multiple trades at prices ranging from $142.13 to $143.12. The price reported reflects the weighted average sale 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 sale price within the ranges set forth in footnotes (2) to (9) to this Form 4.
[F3]The sales were executed in multiple trades at prices ranging from $143.13 to $144.12.
[F4]The sales were executed in multiple trades at prices ranging from $144.13 to $145.10.
[F5]The sales were executed in multiple trades at prices ranging from $145.22 to $146.19.
[F6]The sales were executed in multiple trades at prices ranging from $146.25 to $146.53.
[F7]The sales were executed in multiple trades at prices ranging from $142.19 to $143.18.
[F8]The sales were executed in multiple trades at prices ranging from $143.21 to $144.12.
[F9]The sales were executed in multiple trades at prices ranging from $144.22 to $145.05.

Signature

/s/ Julie Rogers, Attorney-in-Fact|2026-03-20

1 file