Slowe Christopher Brian 4
4 · Reddit, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Reddit (RDDT) CTO Christopher Slowe Exercises Options & Sells Shares
What Happened
Christopher Brian Slowe, Reddit's Chief Technology Officer, exercised 7,500 stock options (reported exercise price $0) on March 9, 2026 and executed open-market sales the same day totaling 9,500 shares for aggregate proceeds of $1,297,225. The sales were performed in multiple trades at weighted reported prices of $133.45, $134.60, $135.52, $136.41, $138.12 and $138.86 (see footnotes for exact trade-by-trade ranges). On March 10, 2026 he also reported a gift transfer of 144,644 shares (shown as both disposed and acquired in the filing).
Key Details
- Transaction dates: option exercise and most sales on 2026-03-09; gift transfer on 2026-03-10. Filing date: 2026-03-11 (timely).
- Open-market sales: 9,500 shares total; aggregate proceeds $1,297,225. Execution prices across trades ranged approximately $133.02 to $139.11 (see footnotes F2–F7).
- Option activity: 7,500 shares exercised (reported $0 exercise price); footnote F8 states the option is fully vested and exercisable. A derivative entry for 7,500 shares is also reported.
- Gift: 144,644 shares transferred on 2026-03-10 (reported as a gift). Gifts are transfers and do not necessarily reflect market sentiment.
- Planned sales: the reported sales were made under a Rule 10b5-1 trading plan adopted May 9, 2025 (footnote F1).
- Shares owned after transaction: not specified in the excerpt provided in your prompt. The full Form 4 would list post-transaction holdings if reported.
- Filing timeliness: report appears timely (transaction period 2026-03-09; Form 4 filed 2026-03-11).
Context
This filing shows option exercise plus same-day sales and a subsequent gift transfer. Exercising options and selling shares on the same day can be part of routine liquidity or prearranged plans (here, sales under a 10b5-1 plan are disclosed). Gifts are personal transfers and are not a direct signal of the insider’s view on the stock. All figures above are per the Form 4 and its footnotes; avoid inferring motive from the transactions alone.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-09+7,500→ 192,557 total - Sale
Class A Common Stock
[F1][F2]2026-03-09$133.45/sh−500$66,725→ 192,057 total - Sale
Class A Common Stock
[F1][F3]2026-03-09$134.60/sh−2,400$323,040→ 189,657 total - Sale
Class A Common Stock
[F1][F4]2026-03-09$135.52/sh−1,830$248,002→ 187,827 total - Sale
Class A Common Stock
[F1][F5]2026-03-09$136.41/sh−400$54,564→ 187,427 total - Sale
Class A Common Stock
[F1][F6]2026-03-09$138.12/sh−2,600$359,112→ 184,827 total - Sale
Class A Common Stock
[F1][F7]2026-03-09$138.86/sh−1,770$245,782→ 183,057 total - Gift
Class A Common Stock
2026-03-10−144,644→ 38,413 total - Gift
Class A Common Stock
2026-03-10+144,644→ 164,828 total(indirect: By Trust) - Exercise/Conversion
Stock Option (Right to Buy)
[F1][F8]2026-03-09−7,500→ 89,043 totalExercise: $7.92Exp: 2029-05-28→ Class A Common Stock (7,500 underlying)
Footnotes (8)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2025.
- [F2]The sales were executed in multiple trades at prices ranging from $133.02 to $133.95. The price reported reflects the weighted average sale 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 sale price within the ranges set forth in footnotes (2) to (7) to this Form 4.
- [F3]The sales were executed in multiple trades at prices ranging from $134.20 to $135.06.
- [F4]The sales were executed in multiple trades at prices ranging from $135.20 to $136.08.
- [F5]The sales were executed in multiple trades at prices ranging from $136.21 to $136.88.
- [F6]The sales were executed in multiple trades at prices ranging from $137.40 to $138.25.
- [F7]The sales were executed in multiple trades at prices ranging from $138.43 to $139.11.
- [F8]The stock option is fully vested and currently exercisable.