Reddit, Inc.·4

Mar 11, 7:52 PM ET

Slowe Christopher Brian 4

Research Summary

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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.