Reddit, Inc.: COO Jennifer L. Wong sold 60,000 shares

What happened

• Jennifer L. Wong, chief operating officer, exercised options for 45,437 shares at $20.76 for $943,272 and 14,563 shares at $25.29 for $368,298 (total paid $1,311,570) and sold 60,000 shares in open-market trades on Oct 14, 2026 for total proceeds of $9,032,837. The Form 4 also reports derivative disposal entries of 45,437 shares and 14,563 shares at $0.00.

Key details

• Transaction date: Oct 14, 2026. Exercise prices paid: $20.76 and $25.29. Sale proceeds: total $9,032,837.
• Sale prices: executed in multiple trades with prices reported in ranges from $148.50 to $156.31; the filing reports weighted-average prices for each grouped sale.
• Shares owned after the transaction: not reported on this Form 4.
• Footnotes: transactions were effected pursuant to a Rule 10b5-1 trading plan adopted May 12, 2026 (F1); the stock option is described as fully vested and currently exercisable (F10) and a vesting schedule is noted as vesting over five years on each quarterly anniversary of Dec 25, 2023 (F11); sales executed in multiple trades with price ranges are covered by footnotes F2–F9.
• Filing timeliness: Form filed Oct 16, 2026 reporting transactions on Oct 14, 2026; no late filing indicated.

Why it may matter

• The filing shows Ms. Wong exercised options and sold the resulting shares in multiple open-market trades; the combination of exercise entries and immediate sales is consistent with a cashless exercise.
• The filing does not show why the insider traded or why the company acted.