Reddit (RDDT) CAO reports 1,265-share tax withholding, holds 15,868 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reddit, Inc. Chief Accounting Officer Michelle Marie Reynolds reported a routine tax-withholding transaction involving Class A Common Stock. On this Form 4, 1,265 shares were withheld by Reddit to cover her tax obligations, not sold on the market. Following this disposition, she directly holds 15,868 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reynolds Michelle Marie
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,265 | $154.88 | $196K |
Holdings After Transaction:
Class A Common Stock — 15,868 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 1,265 shares
Price per share reference: $154.88 per share
Shares after transaction: 15,868 shares
+1 more
4 metrics
Shares withheld for taxes
1,265 shares
Tax-withholding disposition of Class A Common Stock
Price per share reference
$154.88 per share
Value used for tax-withholding shares
Shares after transaction
15,868 shares
Total Class A shares held directly after disposition
Tax-withholding transactions
1 transaction
Single F-code tax-withholding event in this Form 4
Key Terms
Class A Common Stock, tax withholding obligations, Form 4, tax-withholding disposition
4 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax withholding obligations financial
"shares were withheld by the Issuer to satisfy the reporting person's tax withholding obligations"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Reddit (RDDT) report for Michelle Marie Reynolds?
Reddit reported that Chief Accounting Officer Michelle Marie Reynolds had 1,265 Class A shares withheld to satisfy tax obligations. The Form 4 clarifies this was not a market sale but a tax-withholding disposition by the company.
What does transaction code F mean in the Reddit (RDDT) Form 4 filing?
Transaction code F indicates a tax-related disposition, where shares are delivered to satisfy exercise price or tax liabilities. In this Reddit filing, 1,265 shares were withheld specifically to meet Michelle Marie Reynolds’ tax withholding obligations.
Is the Reddit (RDDT) Form 4 for Michelle Marie Reynolds a routine event?
Yes, it reflects a routine tax-withholding event. The filing shows shares were withheld by Reddit to pay tax obligations, with no open-market buying or selling, and no derivative exercises reported in this specific Form 4.