Lee Benjamin Seong, Chief Legal Officer of Reddit (RDDT), has been a consistent seller of company stock over the past year, with 46 total Form 4 filings all tied to a single issuer. His aggregate sell value reached approximately $27.99 million, while his buy value stood at zero—a decisive one-way pattern. The most recent cluster of activity came on February 23, 2026, when Seong executed six open-market sales totaling roughly $624,568, with individual transactions ranging from $15,003 to $241,298. That followed a February 20 filing showing a tax-withholding event (code F) valued at $954,667 and a compensation award (code A) with no cash value, indicating the sales were not driven by new equity grants but by disposition of existing holdings.
The selling accelerated in early January 2026, with two open-market sales on January 7 totaling $7.26 million, paired with option exercises (code M) valued at $221,206—a mechanical conversion that typically precedes a sale. A January 9 transaction added another $863,930 in sales alongside a small exercise of $26,294. The heaviest volume occurred in mid-December 2025, when Seong offloaded approximately $12.18 million across eight separate sales on December 16, including a single $5.07 million disposition, plus a $4.5 million sale on December 18. Throughout the period, the only non-sale events were routine: code F tax withholdings, code A grants, and code M exercises—none of which represent discretionary buying. The data shows a clear, sustained liquidation bias in RDDT shares, with no open-market purchases recorded at any point.
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