FARRELL SARAH E 4
Research Summary
AI-generated summary
Reddit Director Sarah Farrell Receives 123-Share Award
What Happened
- Sarah E. Farrell, a director of Reddit, Inc. (RDDT), was granted 123 shares on 2026-04-05. The grant is reported as an award/acquisition (code A) at $0.00 per share, giving a reported transaction value of $0. This is a grant of shares (compensation/award), not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-04-05 — Award/Grant (A).
- Price: 123 shares @ $0.00 per share (reported value $0).
- Filing date: Form 4 filed 2026-04-07 for the 2026-04-05 transaction — appears timely.
- Shares owned after transaction: Not disclosed in the information provided in this summary.
- Footnotes:
- F1 — Ms. Farrell disclaims beneficial ownership of securities owned by Waygrove.
- F2 — Waygrove Partnership LP owns the securities reported; Ms. Farrell is affiliated with Waygrove and may be deemed to beneficially own those shares.
- No indication in the filing that the award was part of a 10b5-1 plan, a cashless exercise, or involved tax withholding (not disclosed).
Context
- Grants to directors are common as part of compensation and do not necessarily signal buying or selling sentiment. Vesting terms or restrictions (if any) were not disclosed here, so the shares may be subject to future vesting or transfer limitations. The footnotes indicate the reported shares may be owned by an affiliated partnership (Waygrove), which affects beneficial ownership reporting.