Reddit, Inc. (RDDT) – Form 4 (filed 07/24/25):Chief Technology Officer Christopher Brian Slowe reported option exercises and open-market sales dated 07/22/25. Option exercise:Exercised 11,000 stock options at $1.93, converting the same number of Class B shares into Class A shares at a nil cash cost to the company. Share sales:Immediately sold an aggregate 16,000 Class A shares in seven blocks at weighted-average prices disclosed between $138.98 and $147.57 under a Rule 10b5-1 plan. Post-transaction holdings:Direct ownership decreased to 241,373 Class A shares; an additional 20,184 shares are held indirectly via The Slowe Family Trust. Derivative holdings remain significant at 153,464 options.
Positive Officer retains 241,373 Class A shares and 153,464 options, preserving significant insider alignment. Transactions executed under a Rule 10b5-1 plan, signalling pre-planned, compliance-oriented selling. Negative 16,000 shares sold at $138.98–$147.57represents cashing out of roughly 6 % of direct stake, a potential negative sentiment indicator.
RDDT Short Interest 17.88% This is just back of the envelope stuff but stk could drop $33.// Eventually I see investment working out.
Neg- Wells Fargo cuts rating on Reddit as Google's AI search potential poses threat NewsMon, May 19 Pos- Reddit targets 50% revenue growth in Q2 2025 with strong ad performance Thu, May 01
This is a somewhat old series I am really digging in this heat. It is a story line that comes from three angles Korean, Japanese & Chinese. Subtitles. Very well made ///
Had Mahi Mahi last night. From Publix lol. Without giving away too much which Eatily are you nearest?