Earnings Feed
Start Free
Reddit, Inc.·4

Jun 10, 4:03 PM ET

Sauerberg Robert A. 4

Research Summary

AI-generated summary

Updated

Reddit Director Robert A. Sauerberg Receives 1,714-Share Award

What Happened
Robert A. Sauerberg, a director of Reddit, Inc. (RDDT), was granted 1,714 restricted stock units (reported as an acquisition) on 2026-06-08. The Form 4 shows an acquisition price of $0.00 (typical for RSU awards); no cash was exchanged.

Key Details

  • Transaction date: 2026-06-08 (Form 4 filed 2026-06-10).
  • Transaction type/code: Award/Grant (A).
  • Shares granted: 1,714 restricted stock units; reported price $0.00.
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Footnote: RSUs vest in full on the earlier of (i) the first anniversary of the grant date or (ii) immediately before the issuer’s 2027 annual meeting, subject to Sauerberg’s continued service.
  • Filing timeliness: Filed two days after the grant date (appears timely).

Context
Restricted stock units are a form of equity compensation that convert into shares upon vesting; this grant is compensation-related and not a market purchase or sale. Such awards do not by themselves signal buy/sell intent by the insider—vesting depends on continued service per the footnote.