RDDT CLUSTER SEC Filing Analysis

Latest settled — T+5d ⚠ clustered

RDDT ▲ +11.76% at T+5d

NEUTRAL call ✓ call won +11.76% · α vs SPY +10.16% · entry $150.04 → $167.69

Next anchor: T+20d in 8d

Last close $171.13 (close Jun 8) · +14.06% from $150.04 entry

Entry anchored
May 20, 05:36 PM ET
via Databento tick

T+1d

-5.58%

call -5.58% · α -6.02%

$141.67

settled 20d ago

T+5d

+11.76%

call +11.76% · α +10.16%

$167.69

settled 13d ago

T+20d

—

call — · α —

—

in 8d

T+60d

—

call — · α —

—

in 2mo

Price Chart

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Executive Summary

Reddit CEO Steve Huffman and COO Jennifer Wong sold a combined $232K in open-market shares on May 15 and May 18, 2026, at ~$154/share. Both sales followed derivative exercises (non-cash), suggesting the sales were primarily for tax withholding or liquidity rather than a bearish signal. At 0.0008% of Reddit's $29.8B market cap, the dollar value is trivial and routine.

Key Financial Metrics

Direction

selling

Total Value

$232.0K

Insiders

2

Actionable Insight

This cluster is routine and non-informative. Both sales are small, follow derivative exercises, and are typical for post-IPO insiders managing tax obligations. No bearish read-through. Monitor for any larger open-market sales (>$5M) or a cluster of C-suite sales without derivative exercises, which would carry more signal.

Key Facts

CEO Steve Huffman sold 700 shares at $154.19 for $108K on May 15, 2026
COO Jennifer Wong sold 800 shares at $154.60 for $124K on May 18, 2026
Both sales followed derivative exercises (non-cash or at $5.35 strike), indicating tax-motivated selling
Total cluster value of $232K represents ~0.0008% of Reddit's $29.8B market cap
No open-market purchases in the cluster; net direction is selling

Financial Impact

Total insider sales of $232K, negligible relative to $29.8B market cap

dilution

Risk Factors

Insiders may increase selling pace after lockup expiration or future vesting events
Post-IPO insider selling is common and not necessarily predictive of fundamentals

Market Snapshot

Exchange

NYSE

Sector

Services-Computer Processing & Data Preparation

Analyst Consensus

69% bullish (36 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

Document	Accession Number
CLUSTER Data (Synthetic)	cluster-RDDT-1779321085920

15 reports for RDDT

T+1T+5T+20T+60

50% Hit rate 2 of 4 directional calls best @ T+20▲ +15.62%Feb 28, 2026

Filters

Reports for RDDT — sortable, filterable
	Type				Now
May 20, 2026 20d ago	Insider Cluster NEUTRAL ★ 2/10	$150.04 $167.69	▲ +11.76%	▲ +10.16%	$171.13 (+14.06%)
May 20, 2026 20d ago	Insider Cluster NEUTRAL ★ 2/10	$150.04 $167.69	▲ +11.76%	▲ +10.16%	$171.13 (+14.06%)
May 20, 2026 20d ago	Insider Cluster NEUTRAL ★ 2/10	$150.04 $167.69	▲ +11.76%	▲ +10.16%	$171.13 (+14.06%)
May 5, 2026 5w ago	Court Ruling BULLISH ★ 6/10	$171.63 $159.51	▼ −7.06%	▼ −9.05%	$171.13 (−0.29%)
Apr 23, 2026 6w ago	DEFA14A NEUTRAL ★ 2/10	$154.89 $147.23	▼ −4.95%	▼ −5.85%	$171.13 (+10.48%)
Apr 15, 2026 8w ago	Insider Cluster NEUTRAL ★ 3/10	$158.48 $164.31	▲ +3.68%	▲ +2.04%	$171.13 (+7.98%)
Apr 8, 2026 9w ago	Insider Cluster NEUTRAL ★ 3/10	$145.00 $158.48	▲ +9.30%	▲ +5.78%	$171.13 (+18.02%)
Mar 30, 2026 10w ago	Court Ruling NEUTRAL ★ 3/10	$124.13 $141.14	▲ +13.70%	▲ +9.40%	$171.13 (+37.86%)
Mar 18, 2026 12w ago	Insider Cluster NEUTRAL ★ 3/10	$142.79 $139.63	▼ −2.21%	▼ −1.50%	$171.13 (+19.85%)
Mar 13, 2026 12w ago	Insider Cluster MIXED ★ 5/10	$132.36 $139.85	▲ +5.66%	▲ +7.78%	$171.13 (+29.29%)

US Market Status

Market Closed — Opens in 7h 41m

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