Reddit's COO Sells 60,000 Shares Worth $9.7 Million Amid a 36% Stock Price Decline Over the Past Year

Key Points The disposition involved 60,000 shares executed at a weighted average price of $162.33 per share, totaling ~$9.7 million in proceeds on September 14, 2026. The transaction size represented 6% of the equity stake held prior to the filing. The COO executed the sale directly following an option exercise, while 36,000 shares remain held indirectly through the MorMa Trust. 10 stocks we like better than Reddit › 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 summary Transaction value based on SEC Form 4 weighted average sale price ($162.