'Reddit' C-Level Executives Exercise Options Worth Billions and Engage in Bulk Trading

At Reddit, Inc. (NASDAQ: RDDT), recent filings show that executives have been actively trading company shares over the past few weeks. Through an indirect holding structure, Sarah E. Farrell net-purchased 10,500 shares of Reddit Class A common stock for approximately $1.4 million (about KRW 1.9 billion), raising her combined direct and indirect stake to roughly $10 million (about KRW 13.6 billion). Chief Technology Officer Christopher Brian Sloew exercised options on 7,500 shares at $7.92 per share, then sold about 11,500 shares in the market—generating approximately $1.55 million (about KRW 2.1 billion) in cash—while transferring 289,288 shares into a family trust to preserve economic interest in 203,241 shares (worth around $27.4 million, or KRW 37 billion). Chief Operating Officer Jennifer L. Wong acquired 33,507 shares at $5.35 per share and promptly sold 39,165 shares in stages under her and her family trust’s names, realizing roughly $5.6 million (about KRW 7.6 billion). Despite those sales, she still holds approximately 1,088,451 shares directly and 36,000 shares indirectly through a trust, for total holdings valued at about $158 million (approximately KRW 213 billion).

Reddit’s stock price has been volatile since the company reported Q4 2025 results that beat market expectations, announced plans to monetize its AI-powered search feature, and expanded its official data-partner program with Meltwater and others. (stockanalysis.com)

Founded in 2005, Reddit is a U.S.-based social news and community platform. It debuted on the New York Stock Exchange under the ticker RDDT in March 2024 and is currently led by CEO Steve Huffman, CTO Chris Sloew, and COO Jen Wong. (en.wikipedia.org)