Reddit CEO exercises options, sells 18k shares

Options exercised 18,000 shares Stock option exercise into Class A Common Stock on March 31, 2026 at $25.29 Exercise price $25.29 per share Conversion price for stock option into Reddit Class A shares Shares sold 18,000 shares Open-market sales by The XYZ Revocable Trust on March 31, 2026 Sale price range $125.73–$135.52 Multiple trade price ranges described across footnotes F2–F9 XYZ Revocable Trust holdings 411,195 shares Class A Common Stock held indirectly after transactions EVS Trust holdings 68,966 shares Indirect Class A Common Stock position reported as grantor retained annuity trust MLH and JDI Trust holdings 6,897 shares each Additional indirect Class A holdings reported for two separate trusts Options position after exercise 1,225,255 options Total derivative securities following option transaction labeled as Stock Option (Right to Buy)
AI Article