Reddit (RDDT) Director Robert A. Sauerberg Sells 5,128 Shares

What Happened Robert A. Sauerberg, a director of Reddit, reported an open-market sale of 5,128 shares on August 25, 2026. The shares were sold at $159.92 each for a total proceeds of approximately $820,070. This filing records a disposal (sale), not a purchase or option exercise.

Key Details

• Transaction date: 2026-08-25; Sale price: $159.92 per share
• Shares sold: 5,128; Total proceeds: ~$820,070
• Transaction code: S (sale) — open market or private sale as listed on the Form 4
• Filing date: 2026-08-27 (filed within the SEC’s two-business-day window; timely)
• Shares owned after the transaction: not disclosed in the provided filing
• Footnotes/plan info: the filing does not indicate a 10b5-1 plan, tax withholding, or other special footnotes

Context The insider is listed as a director; the filing does not identify him as a 10% owner or an officer. Sales by insiders can reflect many reasons (liquidity, diversification, etc.) and do not by themselves confirm the insider’s view of the company. This Form 4 was filed on time, per SEC reporting rules.