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 48,052 shares of Class A Common Stock on August 20, 2024, to satisfy tax withholding obligations.
Summary
- On August 20, 2024, Andrew Vollero, the Chief Financial Officer of Reddit, Inc., disposed of 48,052 shares of Class A Common Stock.
- The transaction was executed to cover Mr. Vollero's tax withholding obligations.
- The shares were disposed of at a price of $54.36 per share.
- Following the transaction, Mr. Vollero still beneficially owns 583,028 shares of Reddit's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Date of transaction: Andrew Vollero disposed of shares to cover tax obligations. |
| 08/22/2024 | Date of signature: Form 4 signed by Julie Rogers, Attorney-in-Fact. |
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