Form 4: Reddit Director Acquires Shares in Compensation Plan
Insider Transaction Report
Reddit Director Steven O Newhouse acquired 87 shares of Class A common stock as part of the company's non-employee director compensation program.
Summary
- Steven O Newhouse, a Director of Reddit, Inc. (RDDT), acquired 87 shares of Class A common stock.
- The transaction occurred on January 5, 2026, and was made pursuant to a Rule 10b5-1 plan.
- These shares were acquired at a price of $0, indicating they are part of a compensation program.
- The acquired shares are fully vested and will be settled in Class A Common Stock according to the Issuer's Amended and Restated Non-Employee Director Compensation Program.
- Following this transaction, Steven O Newhouse directly beneficially owns 11,246 shares of Class A common stock.
- He also has an indirect interest in 16,182 shares through Advance Magazine Publishers Inc. (AMPI), but disclaims beneficial ownership of these indirectly held shares.
Sentiment
Score: 7
Explanation: The acquisition of shares by a director, even as part of a compensation program, generally indicates continued alignment of interests with shareholders.
Positives
- Director Steven O Newhouse acquired 87 shares of Class A common stock, indicating continued participation in the company's equity and alignment with shareholder interests.
- The acquired shares are fully vested, providing immediate equity ownership to the director.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders may view the director's acquisition of shares, even as compensation, as a positive sign of alignment with shareholder interests.
Next Steps
- The 87 acquired shares will be settled in Class A Common Stock on a date selected by the Reporting Person or as otherwise provided by the Program.
Key Dates
| Date | Description |
|---|---|
| 01/05/2026 | Date of transaction for the acquisition of Class A common stock. |
| 01/07/2026 | Date the Form 4 was signed by the Reporting Person's Attorney-in-Fact. |
Recommendation
holdThis Form 4 reports a routine compensation-related acquisition of a small number of shares by a director. While it indicates continued alignment, it does not provide sufficient new information to warrant a change in investment recommendation based solely on this filing.
Keywords
Reddit, RDDT, Form 4, insider transaction, director compensation, stock acquisition, beneficial ownership
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