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 September 14, 2026.
Summary
- Option exercise/conversion: acquired 16,453 Class A Common Stock at $5.35 ($88,024) on September 14, 2026; holds 1,028,679 after (Direct).
- Option exercise/conversion: acquired 43,547 Class A Common Stock at $20.76 ($904,036) on September 14, 2026; holds 1,072,226 after (Direct).
- Open-market sale: disposed of 2,700 Class A Common Stock at $158.04 ($426,708) on September 14, 2026; holds 1,069,526 after (Direct).
- Open-market sale: disposed of 8,758 Class A Common Stock at $159.13 ($1,393,661) on September 14, 2026; holds 1,060,768 after (Direct).
- Open-market sale: disposed of 5,442 Class A Common Stock at $159.84 ($869,849) on September 14, 2026; holds 1,055,326 after (Direct).
- Open-market sale: disposed of 3,500 Class A Common Stock at $161.06 ($563,710) on September 14, 2026; holds 1,051,826 after (Direct).
- Open-market sale: disposed of 9,100 Class A Common Stock at $162.34 ($1,477,294) on September 14, 2026; holds 1,042,726 after (Direct).
- Open-market sale: disposed of 8,690 Class A Common Stock at $163.16 ($1,417,860) on September 14, 2026; holds 1,034,036 after (Direct).
- Open-market sale: disposed of 13,010 Class A Common Stock at $164.17 ($2,135,852) on September 14, 2026; holds 1,021,026 after (Direct).
- Open-market sale: disposed of 6,500 Class A Common Stock at $165.09 ($1,073,085) on September 14, 2026; holds 1,014,526 after (Direct).
- Open-market sale: disposed of 2,300 Class A Common Stock at $165.90 ($381,570) on September 14, 2026; holds 1,012,226 after (Direct).
- Option exercise/conversion: disposed of 16,453 Stock Option (Right to Buy) on September 14, 2026 (Direct).
- Option exercise/conversion: disposed of 43,547 Stock Option (Right to Buy) on September 14, 2026; holds 45,437 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $9,739,589 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 |
|---|---|---|---|---|---|---|
| 2026-09-14 | Option exercise/conversion | Class A Common Stock | 16,453 | $5 | $88.0K | 1,028,679 |
| 2026-09-14 | Option exercise/conversion | Class A Common Stock | 43,547 | $21 | $904.0K | 1,072,226 |
| 2026-09-14 | Open-market sale | Class A Common Stock | 2,700 | $158 | $426.7K | 1,069,526 |
| 2026-09-14 | Open-market sale | Class A Common Stock | 8,758 | $159 | $1.4M | 1,060,768 |
| 2026-09-14 | Open-market sale | Class A Common Stock | 5,442 | $160 | $869.8K | 1,055,326 |
| 2026-09-14 | Open-market sale | Class A Common Stock | 3,500 | $161 | $563.7K | 1,051,826 |
| 2026-09-14 | Open-market sale | Class A Common Stock | 9,100 | $162 | $1.5M | 1,042,726 |
| 2026-09-14 | Open-market sale | Class A Common Stock | 8,690 | $163 | $1.4M | 1,034,036 |
| 2026-09-14 | Open-market sale | Class A Common Stock | 13,010 | $164 | $2.1M | 1,021,026 |
| 2026-09-14 | Open-market sale | Class A Common Stock | 6,500 | $165 | $1.1M | 1,014,526 |
| 2026-09-14 | Open-market sale | Class A Common Stock | 2,300 | $166 | $381.6K | 1,012,226 |
| 2026-09-14 | Option exercise/conversion | Stock Option (Right to Buy) | 16,453 | — | — | 0 |
| 2026-09-14 | Option exercise/conversion | Stock Option (Right to Buy) | 43,547 | — | — | 45,437 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-14 | Option exercise/conversion (16,453 shares) |
| 2026-09-14 | Option exercise/conversion (43,547 shares) |
| 2026-09-14 | Open-market sale (2,700 shares) |
| 2026-09-14 | Open-market sale (8,758 shares) |
| 2026-09-14 | Open-market sale (5,442 shares) |
| 2026-09-14 | Open-market sale (3,500 shares) |
| 2026-09-14 | Open-market sale (9,100 shares) |
| 2026-09-14 | Open-market sale (8,690 shares) |
| 2026-09-14 | Open-market sale (13,010 shares) |
| 2026-09-14 | Open-market sale (6,500 shares) |
| 2026-09-14 | Open-market sale (2,300 shares) |
| 2026-09-14 | Option exercise/conversion (16,453 shares) |
| 2026-09-14 | Option exercise/conversion (43,547 shares) |
Keywords
insider transaction, Form 4, RDDT, Reddit, Inc., bearish, Jennifer L. Wong
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