Robert A. Sauerberg, a member of the Board of Directors at Reddit, Inc. (RDDT -0.91%), reported the sale of 5,128 shares of Class A Common Stock on August 25, 2026 per a recent SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | ~$820,070 |
| Shares sold (indirectly held) | 5,128 |
| Post-transaction shares (directly held) | 3,999 |
| Post-transaction shares (indirectly held) | 27,087 |
| Post-transaction value | $5.1 million |
Transaction value based on SEC Form 4 weighted average sale price ($159.92); post-transaction value based on August 25, 2026 market close ($162.45).
Key questions
- What was the nature of this transaction?
The sale was an open-market transaction involving 5,128 shares held indirectly by a revocable trust. This disposition was not…
