Form 4: Reddit's Chief Accounting Officer Reports Stock Transactions

Michelle Marie Reynolds, Reddit's Chief Accounting Officer, reports the acquisition and disposal of Class A Common Stock, including shares withheld for tax obligations and the vesting of restricted stock units.

Summary

• Michelle Marie Reynolds, Chief Accounting Officer of Reddit, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On February 20, 2025, 4,924 shares of Class A Common Stock were withheld to cover tax obligations at a price of $189.66 per share.
• On February 24, 2025, Reynolds acquired 3,960 restricted stock units (RSUs), each representing a contingent right to receive one share of Class A common stock.
• These RSUs vest in quarterly installments starting May 20, 2025, and ending February 20, 2026, contingent upon continued service.
• Following these transactions, Reynolds beneficially owns 60,383 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The reporting person will continue to vest in RSUs quarterly until February 20, 2026, contingent upon continued service.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider stock transactions.

Key Dates

Keywords

Form 4, Reddit, RDDT, Chief Accounting Officer, Michelle Marie Reynolds, Stock Transactions, Beneficial Ownership, Restricted Stock Units, RSUs, Tax Withholding