A Form 144 was filed with the SEC on November 28, 2025, indicating a Reddit director, identified as THE XYZ REVOCABLE TRUST, intends to sell 108,000 common shares. The total market value of these shares is approximately $22.42 million. This filing serves as a notice of a proposed sale and is a standard procedure for insiders looking to sell company stock. The documents state the shares were acquired on November 28, 2025, through the exercise of stock options. Filings also show that the same trust has been periodically selling shares since late August 2025. There was no significant market analysis or reaction to this specific filing available in the provided search results, as it is generally considered a routine disclosure for corporate insiders.
Reddit Director Files Intent to Sell Shares Valued at Approximately $22.4 Million
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