Form 4: Reddit CFO Andrew Vollero Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Reddit's Chief Financial Officer, Andrew Vollero, disposed of 56,198 shares of Class A Common Stock on February 20, 2025, to satisfy tax withholding obligations.
Summary
- Andrew Vollero, the Chief Financial Officer of Reddit, Inc., disposed of 56,198 shares of Class A Common Stock on February 20, 2025.
- The transaction was executed to cover the reporting person's tax withholding obligations.
- The price per share was $189.66.
- Following the transaction, Vollero beneficially owns 647,417 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to tax obligations, so it has a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations, which is a common reason for such filings.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is related to tax obligations and does not indicate a change in the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of the transaction where 56,198 shares were disposed of to cover tax obligations. |
| 02/24/2025 | Date of signature by Attorney-in-Fact Julie Rogers. |
Keywords
Form 4, Reddit, Andrew Vollero, RDDT, CFO, Class A Common Stock, Tax Withholding, Beneficial Ownership, Securities Transaction
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