Reynolds Michelle Marie 4
Research Summary
AI-generated summary
Reddit CAO Michelle Reynolds Withholds 1,265 Shares for Taxes
What Happened
- Michelle Marie Reynolds, Chief Accounting Officer of Reddit, recorded a disposition of 1,265 shares on May 20, 2026. The shares were withheld at $154.88 each, representing $195,923 total.
- This was a tax-withholding disposition (transaction code F), meaning the shares were retained by the company to cover tax liabilities—not sold on the open market. Such withholdings are routine and do not necessarily signal a change in insider sentiment.
Key Details
- Transaction date and price: 2026-05-20 at $154.88 per share.
- Total value: $195,923 (1,265 shares × $154.88).
- Shares owned after transaction: not specified in this Form 4 filing.
- Footnote: F1 — shares were withheld by the issuer to satisfy the reporting person's tax withholding obligations; not a market sale.
- Filing: Form 4 filed 2026-05-22 (filed within the typical 2-business-day reporting window).
Context
- Code F transactions are commonly used to cover tax withholding from equity grants or option exercises. The filing indicates only the withholding; it does not show an open-market sale or indicate any additional trading activity by the insider.