Reddit, Inc.·4

Mar 25, 7:30 PM ET

Slowe Christopher Brian 4

4 · Reddit, Inc. · Filed Mar 25, 2026

Research Summary

AI-generated summary of this filing

Updated

Reddit CTO Christopher Slowe Sells Shares, Exercises Options

What Happened

  • Christopher Brian Slowe, Chief Technology Officer of Reddit, executed multiple transactions on March 23, 2026. He sold a total of 9,500 shares in open-market trades for aggregate proceeds of $1,342,138 (sales executed at prices roughly $139.08–$143.76 across several tranches).
  • On the same day he exercised stock options to acquire 7,500 shares at $7.92 per share for a cash cost of $59,400. The filing also reports a related derivative line showing 7,500 shares disposed at $0.00 (administrative/transaction reporting).
  • Additionally, 2,000 shares were transferred to him from The Slowe Family Trust as a gift with no consideration paid.

Key Details

  • Transaction date: March 23, 2026; Form 4 filed March 25, 2026 (appears timely).
  • Sales: 9,500 shares sold in multiple trades; reported proceeds $1,342,138; per-footnote price ranges: $139.08–$140.03, $140.24–$141.21, $141.27–$142.10, $142.39–$143.37, and $143.74–$143.76 (weighted averages reported on each line).
  • Option exercise: 7,500 shares acquired at $7.92/share ($59,400). Footnote notes the option is fully vested and exercisable.
  • Gift: 2,000 shares transferred from The Slowe Family Trust to Mr. Slowe with no consideration.
  • Sales plan: The open-market sales were executed pursuant to a Rule 10b5-1 trading plan adopted May 9, 2025.
  • Shares owned after transaction: Not specified in the provided Form 4 excerpt.

Context

  • The filing shows both option exercise and same-day market sales. The 10b5-1 disclosure indicates the sales were prearranged and routine rather than ad hoc trading.
  • Gifts (the 2,000-share transfer) are transfers and do not signal buy/sell sentiment.
  • For retail investors, purchases (here, the option exercise is a purchase of shares) can be more informative; however, most of the activity reported is routine selling under a trading plan and administrative reporting related to option exercise.

Insider Transaction Report

Form 4
Period: 2026-03-23
Slowe Christopher Brian
Chief Technology Officer
Transactions
  • Gift

    Class A Common Stock

    [F1]
    2026-03-232,000162,828 total(indirect: By Trust)
  • Gift

    Class A Common Stock

    [F1]
    2026-03-23+2,00040,413 total
  • Exercise/Conversion

    Class A Common Stock

    2026-03-23$7.92/sh+7,500$59,40047,913 total
  • Sale

    Class A Common Stock

    [F2][F3]
    2026-03-23$139.56/sh600$83,73647,313 total
  • Sale

    Class A Common Stock

    [F2][F4]
    2026-03-23$140.83/sh5,648$795,40841,665 total
  • Sale

    Class A Common Stock

    [F2][F5]
    2026-03-23$141.54/sh1,652$233,82440,013 total
  • Sale

    Class A Common Stock

    [F2][F6]
    2026-03-23$143.00/sh1,100$157,30038,913 total
  • Sale

    Class A Common Stock

    [F2][F7]
    2026-03-23$143.74/sh500$71,87038,413 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    [F8]
    2026-03-237,50081,543 total
    Exercise: $7.92Exp: 2029-05-28Class A Common Stock (7,500 underlying)
Footnotes (8)
  • [F1]Represents the transfer of shares from The Slowe Family Trust dated January 26, 2012, to the reporting person individually. No consideration was paid in connection with this transfer.
  • [F2]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2025.
  • [F3]The sales were executed in multiple trades at prices ranging from $139.08 to $140.03. 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 3 to 7 to this Form 4.
  • [F4]The sales were executed in multiple trades at prices ranging from $140.24 to $141.21.
  • [F5]The sales were executed in multiple trades at prices ranging from $141.27 to $142.10.
  • [F6]The sales were executed in multiple trades at prices ranging from $142.39 to $143.37.
  • [F7]The sales were executed in multiple trades at prices ranging from $143.74 to $143.76.
  • [F8]The stock option is fully vested and currently exercisable.
Signature
/s/ Julie Rogers, Attorney-in-Fact|2026-03-25

Documents

1 file
  • 4
    wk-form4_1774481394.xmlPrimary

    FORM 4