Reddit (RDDT) CAO Michelle Reynolds Sells 1,265 Shares (Tax Withholding)

What Happened

• Michelle Marie Reynolds, Chief Accounting Officer of Reddit, had 1,265 shares withheld by the company on 2026-08-20 to satisfy tax withholding obligations. The per-share amount reported is $151.71, for a total value of $191,913. This was a withholding to cover taxes (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-08-20; Form 4 filed: 2026-08-24 (timely).
• Reported price per share: $151.71; total value of shares withheld: $191,913.
• Shares withheld/disposed: 1,265 (company retained shares to satisfy tax liability).
• Shares owned after the transaction: not specified in the filing.
• Footnote: F1 — shares were withheld by the company to satisfy the reporting person's tax withholding obligations; not a market sale.

Context

• This is a tax-withholding/net settlement (common when options vest or restricted shares vest): the company keeps a portion of shares instead of the insider selling them on the open market to cover taxes. Such withholdings are administrative and do not necessarily indicate a change in the insider's market view.