Reddit's COO Sells 60,000 Shares Worth $9.7 Million Amid a 36% Stock Price Decline Over the Past Year
36%
Overview
Jennifer L. Wong, Chief Operating Officer of Reddit, Inc. (NYSE:RDDT), reported a sale of 60,000 shares of Class A Common Stock on September 14, 2026, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($162.33); post-transaction value based on September 14, 2026 market close ($162.38).
Details
Reddit maintains a dominant position as one of the internet's largest community-driven platforms, with a user base generating substantial engagement across millions of specialized communities. The company has demonstrated strong financial performance with TTM revenue of $2.8 billion, reflecting successful monetization of its advertising and subscription offerings.
Source
Originally published at www.fool.com.
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