Reddit (RDDT) CFO Andrew Vollero Withholds 10,319 Shares for Taxes

What Happened

• Andrew Vollero, Chief Financial Officer of Reddit, reported that 10,319 shares were disposed on Aug 20, 2026 at a per-share value of $151.71, for a notional amount of $1,565,495.
• The transaction is coded F (payment of exercise price or tax liability). According to the filing footnote, the shares were withheld by the company to satisfy the reporting person's tax withholding obligations — this was not an open-market sale.

Key Details

• Transaction date: 2026-08-20; Filing date (accession): 2026-08-24.
• Price reported: $151.71 per share; Shares withheld/disposed: 10,319; Value: ~$1,565,495.
• Post-transaction ownership: not specified in the details provided in your summary.
• Footnote: Shares were withheld by the company to cover tax withholding — administrative, not a market sale.
• Transaction code: F (tax/option exercise-related withholding).

Context

• Shares withheld to satisfy tax obligations commonly occur after option exercises or vesting of awards and represent an administrative disposition (often called a “cashless” or “net share” withholding). Such actions are routine and do not necessarily signal the insider’s view on the company’s prospects.
• For retail investors, purchases and open-market sales by insiders tend to be more informative than withholding transactions; treat this as a tax-related administrative step rather than a directional trade.