Slowe Christopher Brian 4

What Happened

• Christopher Brian Slowe, Chief Technology Officer of Reddit, executed multiple transactions on March 23, 2026. He sold a total of 9,500 shares in open-market trades for aggregate proceeds of $1,342,138 (sales executed at prices roughly $139.08–$143.76 across several tranches).
• On the same day he exercised stock options to acquire 7,500 shares at $7.92 per share for a cash cost of $59,400. The filing also reports a related derivative line showing 7,500 shares disposed at $0.00 (administrative/transaction reporting).
• Additionally, 2,000 shares were transferred to him from The Slowe Family Trust as a gift with no consideration paid.

Key Details

• Transaction date: March 23, 2026; Form 4 filed March 25, 2026 (appears timely).
• Sales: 9,500 shares sold in multiple trades; reported proceeds $1,342,138; per-footnote price ranges: $139.08–$140.03, $140.24–$141.21, $141.27–$142.10, $142.39–$143.37, and $143.74–$143.76 (weighted averages reported on each line).
• Option exercise: 7,500 shares acquired at $7.92/share ($59,400). Footnote notes the option is fully vested and exercisable.
• Gift: 2,000 shares transferred from The Slowe Family Trust to Mr. Slowe with no consideration.
• Sales plan: The open-market sales were executed pursuant to a Rule 10b5-1 trading plan adopted May 9, 2025.
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.

Context

• The filing shows both option exercise and same-day market sales. The 10b5-1 disclosure indicates the sales were prearranged and routine rather than ad hoc trading.
• Gifts (the 2,000-share transfer) are transfers and do not signal buy/sell sentiment.
• For retail investors, purchases (here, the option exercise is a purchase of shares) can be more informative; however, most of the activity reported is routine selling under a trading plan and administrative reporting related to option exercise.