Huffman Steve Ladd's Form 4 filing
Reddit, Inc. (RDDT) · filed May 28, 2024
- Accession no.
- 0001713445-24-000040
- Filed
- May 28, 2024
- Trade date
- May 23, 2024
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $2.49M. It was filed 5 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Huffman Steve LaddCIK 0001827011 | Director, Officer (CEO & President), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 23, 2024 | Class A Common Stock | SSaleDisposed | −21,149 | $58.94F2 | −$1,246,522.06 | 689,157 | Direct | |
| May 23, 2024 | Class A Common Stock | CConversionAcquired | +21,150 | $0.00 | $0 | 710,307 | Direct | |
| May 23, 2024 | Class A Common Stock | SSaleDisposed | −21,150 | $58.94F2 | −$1,246,581 | 689,157 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 23, 2024 | Class A Common Stock | CConversionDisposed | −21,150 | –F3 | – | 2,501,112 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
The price reported in Column 4 is a weighted average price calculated by the broker executing the sell-to-cover transactions. These shares were sold as part of a block trade in multiple transactions, and the Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price.
Referenced by the price of 2 transactions in Table I.
- F3
The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.
Referenced by the price of 1 transaction in Table II.