RDDT Reddit, Inc.
Price Chart
Executive Summary
Multiple Reddit executives, including the CTO, CFO, Chief Legal Officer, and Chief Accounting Officer, sold shares worth over $290K in the past week, following a series of $0-cost award exercises. The cluster reflects significant insider selling after vesting events, suggesting profit-taking rather than distress, but raises questions about sentiment ahead of potential volatility.
Key Financial Metrics
Actionable Insight
Monitor for follow-up filings that may clarify the CTO's $7.92 sale — it may be a data error or non-market transaction. The concentrated selling after vesting could signal lack of conviction at current valuation; consider this a cautionary signal ahead of earnings or macro volatility.
Key Facts
- Chief Technology Officer sold $79,485 worth of shares at $7.92/share (not a typo — suspiciously low price given market data)
- Chief Legal Officer sold $112,824 and Chief Accounting Officer sold $98,952 at prices near $141
- On the same day (2026-02-20), all four executives exercised or were awarded tens of thousands of shares at $0 cost
- Total value of insider selling in cluster: $291,261
- CEO also exercised 2,955 shares at $0 cost
- Recent market price is ~$141, making the CTO's sale at $7.92 highly anomalous
Financial Impact
$291,261 in net insider selling over 7 days, following large option exercises
Risk Factors
- Anomalous CTO sale price may indicate erroneous or non-cash transaction (e.g., gift, tax withholding) — requires verification
- Coordinated post-vesting selling by multiple C-suite members may erode investor confidence
- Potential for negative sentiment if perceived as lack of alignment with shareholders
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (8 trades, 7d window) | cluster-RDDT-1771979506928 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 20, 2026
23d ago
|
Insider Cluster
| $150.04 $167.69 | ▲ +11.76% | ▲ +10.16% | $162.10 (+8.04%) |
|
May 20, 2026
23d ago
|
Insider Cluster
| $150.04 $167.69 | ▲ +11.76% | ▲ +10.16% | $162.10 (+8.04%) |
|
May 20, 2026
23d ago
|
Insider Cluster
| $150.04 $167.69 | ▲ +11.76% | ▲ +10.16% | $162.10 (+8.04%) |
|
May 5, 2026
5w ago
|
Court Ruling
| $171.63 $159.51 | ▼ −7.06% | ▼ −9.05% | $162.10 (−5.55%) |
|
Apr 23, 2026
7w ago
|
DEFA14A
| $154.89 $147.23 | ▼ −4.95% | ▼ −5.85% | $162.10 (+4.65%) |
|
Apr 15, 2026
8w ago
|
Insider Cluster
| $158.48 $164.31 | ▲ +3.68% | ▲ +2.04% | $162.10 (+2.28%) |
|
Apr 8, 2026
9w ago
|
Insider Cluster
| $145.00 $158.48 | ▲ +9.30% | ▲ +5.78% | $162.10 (+11.79%) |
|
Mar 30, 2026
10w ago
|
Court Ruling
| $124.13 $141.14 | ▲ +13.70% | ▲ +9.40% | $162.10 (+30.59%) |
|
Mar 18, 2026
12w ago
|
Insider Cluster
| $142.79 $139.63 | ▼ −2.21% | ▼ −1.50% | $162.10 (+13.52%) |
|
Mar 13, 2026
13w ago
|
Insider Cluster
| $132.36 $139.85 | ▲ +5.66% | ▲ +7.78% | $162.10 (+22.47%) |
US Market Status
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