Sauerberg Robert A. sold RDDT
March 25, 2024 · Form 4 insider transaction
Sauerberg Robert A. sold 47,087 shares of Reddit, Inc., a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
47,087
Price
N/A
Total value
N/A
InsiderSauerberg Robert A.
Role—
CompanyReddit, Inc. (RDDT)
SecuritySeries E Preferred Stock
Transaction codeC: Conversion of a derivative
Transaction dateMarch 25, 2024
Filing dateMarch 27, 2024
Shares owned after0
OwnershipIndirect
10b5-1 planNo
AmendedNo
Footnotes
Each share of Preferred Stock, other than any share of Series F-1 Preferred Stock, automatically converted, on a one-for-one basis, into Class B Common Stock immediately prior to the closing of the Issuer's initial public offering.