FARRELL SARAH E 4
4 · Reddit, Inc. · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Reddit (RDDT) Director Sarah Farrell Buys $7.48M of Stock
What Happened Sarah E. Farrell, a director of Reddit, made open-market purchases of company stock on Feb 10–11, 2026. Transactions reported: 10,148 shares at a weighted avg $148.63 ($1,508,297), 33,652 shares at $149.79 ($5,040,733), and 6,700 shares at $139.27 ($933,109), for a total of 50,500 shares purchased for approximately $7,482,139. These were purchases (buying shares), which retail investors often view as a direct insider acquisition rather than a sale.
Key Details
- Transaction dates: Feb 10, 2026 (two purchases) and Feb 11, 2026 (one purchase).
- Reported prices and values:
- 10,148 sh @ $148.63 = $1,508,297 (footnote F1: executed in multiple trades at $148.13–$149.06; weighted avg reported)
- 33,652 sh @ $149.79 = $5,040,733 (footnote F3: per-trade prices ranged $149.22–$150.00)
- 6,700 sh @ $139.27 = $933,109 (footnote F4: per-trade prices ranged $139.11–$139.50)
- Total: 50,500 shares for ~$7.48 million.
- Shares owned after transaction: Not specified in the information provided in this summary (the filing excerpt did not state the post-transaction beneficial ownership amount).
- Footnote re ownership (F2): Waygrove Partnership LP holds the securities reported; Ms. Farrell is affiliated with Waygrove and may be deemed to beneficially own those Waygrove holdings, though she disclaims beneficial ownership of Waygrove’s shares.
- Filing timeliness: Form 4 was filed Feb 12, 2026 covering trades on Feb 10–11; this appears to be filed within the usual two-business-day window (no late-filing flag was provided).
Context These were straightforward open-market purchases (transaction code P). The filing’s footnotes clarify that shares were acquired in multiple trades at specified price ranges and that an affiliated partnership (Waygrove) holds the reported securities. The filing provides transactional detail but does not explain motivation; purchases indicate direct insider accumulation but should be considered alongside other company and market information.
Insider Transaction Report
- Purchase
Class A Common Stock
[F1][F2]2026-02-10$148.63/sh+10,148$1,508,297→ 10,148 total(indirect: By Partnership) - Purchase
Class A Common Stock
[F3][F2]2026-02-10$149.79/sh+33,652$5,040,733→ 43,800 total(indirect: By Partnership) - Purchase
Class A Common Stock
[F4][F2]2026-02-11$139.27/sh+6,700$933,109→ 50,500 total(indirect: By Partnership)
- 7,899
Class A Common Stock
Footnotes (4)
- [F1]The purchases were executed in multiple trades at prices ranging from $148.13 to $149.06. The price reported reflects the weighted average purchase price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate purchase price within the range set forth in footnotes (1), (3) and (4) to this Form 4.
- [F2]Waygrove Partnership LP, a Delaware limited partnership ("Waygrove"), owns the securities of the Company set forth on this report. Ms. Farrell, by virtue of her affiliation with Waygrove, may be deemed to beneficially own the securities of the Company owned directly by Waygrove. Ms. Farrell disclaims beneficial ownership of the securities owned by Waygrove, and this report shall not be deemed an admission that Ms. Farrell is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
- [F3]The purchases were executed in multiple trades at prices ranging from $149.22 to $150.00.
- [F4]The sales were executed in multiple trades at prices ranging from $139.11 to $139.50.