FARRELL SARAH E 4

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.