Reddit, Inc. has disclosed a series of transactions conducted by Chief Operating Officer Wong Jennifer L. on July 16, 2025. Specifically, she sold 1300 shares at $139.15 per share, 8000 shares at $140.07 per share, 3600 shares at $141.12 per share, 7989 shares at $142.18 per share, 4910 shares at $143.08 per share, 6535 shares at $144.18 per share, 900 shares at $145.12 per share, and 100 shares at $145.90 per share.
Reddit, Inc. has disclosed a series of transactions conducted by Chief Operating Officer Wong Jennifer L. on July 16, 2025. According to the SEC Form 4 filing, Wong sold a total of 33,334 shares of Class A Common Stock [1].
The transactions involved multiple trades at varying prices. Wong sold 1300 shares at $139.15 per share, 8000 shares at $140.07 per share, 3600 shares at $141.12 per share, 7989 shares at $142.18 per share, 4910 shares at $143.08 per share, 6535 shares at $144.18 per share, 900 shares at $145.12 per share, and 100 shares at $145.90 per share. The weighted average sale price for these shares was $140.07 per share [1].
Additionally, Wong was granted a stock option with a strike price of $5.35 per share, exercisable on July 16, 2025, and expiring on June 12, 2028 [1].
These transactions come amidst ongoing legal proceedings against Reddit, Inc. Shareholders are urged to contact Levi & Korsinsky before August 18, 2025, to discuss their rights in a class action lawsuit alleging securities fraud [2].
References:
[1] https://www.streetinsider.com/SEC+Filings/Form+4+Reddit%2C+Inc.+For%3A+Jul+16+Filed+by%3A+Wong+Jennifer+L./25071536.html
[2] https://www.morningstar.com/news/pr-newswire/20250718ny32685/shareholders-of-reddit-inc-should-contact-levi-korsinsky-before-august-18-2025-to-discuss-your-rights-rddt
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