Vollero Andrew 4

What Happened Andrew Vollero, Chief Financial Officer of Reddit, had 10,320 shares withheld by the issuer on May 20, 2026 to satisfy tax withholding obligations. The withholding price was $154.88 per share, for a total value of $1,598,362. This was a tax-withholding transaction (code F) — not an open-market sale or purchase.

Key Details

• Transaction date: May 20, 2026
• Price per share: $154.88; Total value: $1,598,362
• Transaction type: Shares withheld to satisfy tax withholding obligations (Form 4 code F) — cashless withholding, not a market sale
• Shares owned after the transaction: Not specified in this filing
• Filing date: May 22, 2026 (filed two days after the transaction; appears timely)
• Footnote: F1 — These shares were withheld by the Issuer to satisfy the reporting person's tax withholding obligations. Not a market sale.

Context Share withholding for taxes commonly occurs when equity awards vest or options are exercised; the company withholds shares to cover the tax bill rather than the insider selling shares on the open market. Such withholdings are routine administrative actions and do not necessarily indicate the insider’s market sentiment. Purchases or open-market sales are generally more informative about an insider’s view.