RDDT.NYSEReddit, INC

Form 4: Reddit's Chief Technology Officer Reports Transaction

Sentiment:

SEC Form 4 Filing


Christopher Brian Slowe, Reddit's Chief Technology Officer, reports a transaction involving Class A and Class B Common Stock.

Summary

  • Christopher Brian Slowe, the Chief Technology Officer of Reddit, Inc., filed a Form 4 with the SEC.
  • The filing reports a transaction that occurred on May 14, 2024.
  • The transaction involved the acquisition of 15,000 shares of Class A Common Stock through conversion.
  • Slowe indirectly owns 45,068 shares of Class A Common Stock through The Slowe Family Trust dated January 26, 2012.
  • Slowe directly owns 380,665 shares of Class A Common Stock.
  • The transaction also involved the conversion of Class B Common Stock into Class A Common Stock on a one-to-one basis.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This is a routine SEC filing related to changes in beneficial ownership by a company insider. It is a standard practice for officers and directors of publicly traded companies.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders as it reflects insider activity, but the scale of the transaction is unlikely to be significant.

Key Dates

DateDescription
January 26, 2012Date of The Slowe Family Trust
05/14/2024Date of transaction involving Class A and Class B Common Stock
07/29/2024Date of signature on the report

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