RDDT Reddit, Inc.
Price Chart
Executive Summary
Two Reddit insiders, including CEO Steve Huffman, sold a total of $232K in open-market sales over a 7-day window. The CEO's $108K sale and the COO's $124K sale are both small relative to Reddit's $28.9B market cap (<0.001%), making this a routine liquidity event with no material directional signal. Non-cash derivative exercises and tax-withholding transactions accompany the sales, consistent with standard equity compensation management.
Key Financial Metrics
Actionable Insight
This cluster is routine and non-informative. The sales are small, the CEO's sale is a single small transaction, and the COO's sale aligns with option exercise patterns. No bearish signal — ignore for trading decisions. Monitor next earnings for any fundamental changes.
Key Facts
- CEO Steve Huffman sold 700 shares at ~$154.19 for $108K on 2026-05-15
- COO Jennifer Wong sold 800 shares at $154.60 for $124K on 2026-05-18
- Total open-market sales: $232K, representing ~0.0008% of Reddit's $28.9B market cap
- COO also exercised 39,167 derivative shares at $5.35 ($209K) and 39,167 at $0 on the same day, consistent with option exercise-and-sell pattern
- CAO Michelle Reynolds had 1,265 shares withheld for tax purposes ($196K) on 2026-05-20 — a non-cash event
- No insider purchases were reported in the cluster
Financial Impact
Total insider sales of $232K are trivial relative to $28.9B market cap — no material economic impact
Risk Factors
- Insider selling at higher volumes in future clusters could signal management concern
- Lockup expirations or secondary offerings could increase float pressure
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RDDT-1779493261314 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 20, 2026
20d ago
|
Insider Cluster
| $150.04 $167.69 | ▲ +11.76% | ▲ +10.16% | $171.13 (+14.06%) |
|
May 20, 2026
20d ago
|
Insider Cluster
| $150.04 $167.69 | ▲ +11.76% | ▲ +10.16% | $171.13 (+14.06%) |
|
May 20, 2026
20d ago
|
Insider Cluster
| $150.04 $167.69 | ▲ +11.76% | ▲ +10.16% | $171.13 (+14.06%) |
|
May 5, 2026
5w ago
|
Court Ruling
| $171.63 $159.51 | ▼ −7.06% | ▼ −9.05% | $171.13 (−0.29%) |
|
Apr 23, 2026
6w ago
|
DEFA14A
| $154.89 $147.23 | ▼ −4.95% | ▼ −5.85% | $171.13 (+10.48%) |
|
Apr 15, 2026
8w ago
|
Insider Cluster
| $158.48 $164.31 | ▲ +3.68% | ▲ +2.04% | $171.13 (+7.98%) |
|
Apr 8, 2026
9w ago
|
Insider Cluster
| $145.00 $158.48 | ▲ +9.30% | ▲ +5.78% | $171.13 (+18.02%) |
|
Mar 30, 2026
10w ago
|
Court Ruling
| $124.13 $141.14 | ▲ +13.70% | ▲ +9.40% | $171.13 (+37.86%) |
|
Mar 18, 2026
12w ago
|
Insider Cluster
| $142.79 $139.63 | ▼ −2.21% | ▼ −1.50% | $171.13 (+19.85%) |
|
Mar 13, 2026
12w ago
|
Insider Cluster
| $132.36 $139.85 | ▲ +5.66% | ▲ +7.78% | $171.13 (+29.29%) |
US Market Status
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