RDDT Reddit, Inc.

NEUTRAL Impact: 2/10 Insider Cluster (2 insiders)
Horizon immediate Filed May 20, 2026 Processed 18d 5h ago
Insider cluster: 2 insiders, $232K total
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 insiders (CEO and COO) executed small open-market sales totaling $232K, representing ~0.0008% of the $28.9B market cap. The COO's sale was accompanied by derivative exercises and tax-withholding transactions, while the CEO's sale was a standalone open-market trade. The dollar amounts are trivial relative to company size, making this a routine cluster with no material directional signal.

Key Financial Metrics

Direction
selling
Total Value
$232.0K
Insiders
2

Actionable Insight

The insider sales are immaterial in size and carry no predictive signal. The larger tax-withholding transactions on 2026-05-20 are routine vesting-related events. No action warranted; monitor for any future cluster with materially larger dollar amounts (>0.5% of market cap) before inferring bearish intent.

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, or ~0.0008% of $28.9B market cap
  • COO also exercised derivatives and had tax-withholding transactions on the same day
  • CEO and CFO had tax-withholding share surrenders on 2026-05-20 totaling ~$7.8M (non-cash, no market signal)
  • No 10b5-1 plan information provided, but dollar amounts are immaterial

Financial Impact

Total open-market sales of $232K are trivial relative to $28.9B market cap (<0.001%)

insider_ownership

Risk Factors

  • Insider sales could increase if the stock continues to appreciate, but current levels are routine
  • No material risk identified from this cluster

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.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-RDDT-1779494896822
15 reports for RDDT
Performance horizon
50% Hit rate 2 of 4 directional calls best @ T+20▲ +15.62%Feb 28, 2026
Filters
Rows
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%)
Showing 10 of 15

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