FARRELL SARAH E 4
4 · Reddit, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Reddit Director Sarah E. Farrell Buys 10,500 Shares
What Happened
- Sarah E. Farrell, a director of Reddit, Inc. (RDDT), reported an open-market purchase of 10,500 shares on 2026-03-13 at a weighted average price of $132.26, for a total purchase value of $1,388,730. This was a direct purchase (code P) — a buy can be interpreted as an insider acquisition rather than a sale.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (filed within the typical two-business-day window).
- Price(s): weighted average $132.26; executed in multiple trades at prices ranging $131.83–$132.50 (see footnote F1).
- Shares acquired: 10,500; total value: $1,388,730.
- Shares owned after transaction: not specified in the provided summary.
- Notable footnote (F2): The shares reported are owned by Waygrove Partnership LP; Ms. Farrell, by affiliation with Waygrove, may be deemed to beneficially own those shares but expressly disclaims beneficial ownership of Waygrove’s holdings.
Context
- This is a straightforward open-market purchase (code P), not an option exercise or award. The filing notes multiple execution prices aggregated into a weighted average and clarifies the ownership relationship with Waygrove Partnership LP; no tax-withholding, 10b5-1 plan, or late-filing concerns are indicated in the provided information.
Insider Transaction Report
Form 4
Reddit, Inc.RDDT
FARRELL SARAH E
Director
Transactions
- Purchase
Class A Common Stock
[F1][F2]2026-03-13$132.26/sh+10,500$1,388,730→ 61,000 total(indirect: By Partnership)
Holdings
- 7,899
Class A Common Stock
Footnotes (2)
- [F1]The purchases were executed in multiple trades at prices ranging from $131.83 to $132.50. 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 this footnote.
- [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.
Signature
/s/ Julie Rogers, Attorney-in-Fact|2026-03-17