COO Wong sells 39,167 shares across 14 transactions for $7,750,173.44 on 2026-07-15 via pre-arranged 10b5-1 plan; retains 1,050,339 non-derivative shares plus 76,453 stock options
Jennifer L. Wong, Reddit's Chief Operating Officer, executed 14 separate sales totaling 39,167 shares for $7,750,173.44 at a blended average price of $197.88 on 2026-07-15. This transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on 2025-05-16, meaning it was scheduled rather than discretionary. Post-transaction, Wong retains 1,050,339 non-derivative shares (-3.6% vs pre-transaction holdings) and maintains derivative holdings of 76,453 stock options, indicating her overall strategic position in the company remains substantial. The current stock price of $181.18 is -36.0% from the 52-week high of $282.95, while her prior trades at RDDT have shown positive 30-day returns (+2.9% to +5.6% across five recent sales on 2026-06-16). The sale represents routine liquidity management through a standing plan rather than a discretionary signal about current market or company conditions.