COO Jennifer L. Wong sells 39,166 shares at $6,930,193.94 via scheduled 10b5-1 plan; retains 1,050,339 shares plus 115,620 stock options.
Jennifer L. Wong, Chief Operating Officer, executed 7 separate sales totaling 39,166 shares for $6,930,193.94 on 2026-06-16, with a blended average price of $176.94. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-05-16, meaning the sales follow a scheduled, non-discretionary program rather than discretionary timing. Post-transaction, Wong retains 1,050,339 shares (a -3.6% reduction from pre-transaction holdings of 1,089,505 shares) plus 115,620 shares via stock options, indicating substantial ongoing equity stake alignment. The stock is trading at $174.96 (current), down 38.2% from its 52-week high of $282.95, though up 13.0% over 30 days and 25.1% over 90 days; Reddit's fundamentals show strong growth with annual revenue growth of +69.4%, net income of $203,981,000.00, and a P/E of 61.61.