Insider Cluster (2 insiders) ·Filed Jul 17, 2026
Insider cluster: 2 insiders, $115K total
Actionable Insight • Neutral
The insider selling is trivial in size and follows standard option exercise patterns. No material signal for the stock. Monitor for any larger-scale insider sales or changes in the 10b5-1 trading plan.
Latest settled — T+20d
RDDT ▼ -9.44% at T+20d
NEUTRAL call ✗ call lost -9.44% · α vs SPY -13.56% · entry $181.64 → $164.50
Latest observation: T+51 -38.64% FF3 residual α
T+1d
+2.31%
call +2.31% · α +1.48%
$185.84
settled 2mo ago
T+5d
-7.11%
call -7.11% · α -6.68%
$168.73
settled 2mo ago
T+20d
-9.44%
call -9.44% · α -13.56%
$164.50
settled 7w ago
T+60d
—
call — · α —
—
in 10d
Price Chart
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Executive Summary
CEO Steve Huffman and COO Jennifer Wong sold shares on July 15, 2026, following option exercises. Total open-market sales of ~$8.0M represent only ~0.02% of Reddit's $35.7B market cap, making this a routine, immaterial insider cluster.
Key Financial Metrics
Direction
selling
Total Value
$8.0M
Insiders
2
Key Facts
- COO Jennifer Wong sold ~$7.75M in open-market sales after exercising options (39,167 shares at $0 and $5.35).
- CEO Steve Huffman sold ~$283K in open-market sales after exercising 18,000 options at $0.
- Total cluster value of ~$8.03M is less than 0.03% of Reddit's $35.7B market cap.
- Both insiders exercised derivatives and sold a portion of the acquired shares, a pattern consistent with routine diversification and tax withholding.
Financial Impact
~$8.03M in insider sales, negligible relative to $35.7B market cap
insider ownershipdilution
Risk Factors
- No material risk from this filing; insider selling is routine and immaterial.
Market Snapshot
Exchange
NYSE
Sector
Services-Computer Processing & Data Preparation
Analyst Consensus
69% bullish (35 analysts)
Investment Themes
Streaming & Digital Media
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RDDT-1784330020162 |
24 reports for RDDT
75% Hit rate best @ T+20▲ +15.62%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 29d ago | Insider Cluster | $155.99 $157.77 | ▲ +1.14% | ▲ +2.29% | $149.61 (−4.09%) |
Aug 18, 2026 6w ago | Insider Cluster | $151.71 $155.36 | ▲ +2.41% | ▲ +2.79% | $149.61 (−1.38%) |
Aug 18, 2026 6w ago | Insider Cluster | $151.71 $155.36 | ▲ +2.41% | ▲ +2.79% | $149.61 (−1.38%) |
Jul 17, 2026 10w ago | Insider Cluster | $181.64 $168.73 | ▼ −7.11% | ▼ −6.68% | $149.61 (−17.63%) |
Jul 6, 2026 12w ago | Insider Cluster | $200.86 $195.34 | ▼ −2.75% | ▼ −3.24% | $149.61 (−25.52%) |
Jul 6, 2026 12w ago | Insider Cluster | $200.86 $195.34 | ▼ −2.75% | ▼ −3.24% | $149.61 (−25.52%) |
Jun 16, 2026 15w ago | 144 | $165.95 $160.72 | ▼ −3.15% | ▼ −2.11% | $149.61 (−9.85%) |
May 20, 2026 19w ago | Insider Cluster | $150.04 $167.69 | ▲ +11.76% | ▲ +10.16% | $149.61 (−0.29%) |
May 20, 2026 19w ago | Insider Cluster | $150.04 $167.69 | ▲ +11.76% | ▲ +10.16% | $149.61 (−0.29%) |
May 20, 2026 19w ago | Insider Cluster | $150.04 $167.69 | ▲ +11.76% | ▲ +10.16% | $149.61 (−0.29%) |
Showing 10 of 24
US Market Status
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