Michael Seibel sold $9.1M of RDDT
director at Reddit, Inc.. 81,697 shares at an average of $111.30, traded Nov 1, 2024, filed Nov 5, 2024.
Score components
- +15RoleDirector
- +25Trade size$9.1M at market
- +20Share of holdings soldSold 100% of holdings
- +15Cluster5 insiders selling within 14 days
- -15Exercise and sellShares came from an option exercise in the same filing
What happened after comparable sells
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m +24.9%, 3m +75.7%, 6m -10.3%.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001713445-24-000106, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Nov 1, 2024 | SOpen-market sale Class A Common Stockindirect: By Michael William Seibel Revocable Trust | -27,897 | $111.26 | $3.1M | 3,800 | Nov 5, 2024 |
| Nov 1, 2024 | SOpen-market sale Class A Common Stockindirect: By Michael William Seibel Revocable Trust | -3,800 | $112.09 | $426k | 0 | Nov 5, 2024 |
| Nov 1, 2024 | MOption exercise Class A Common Stock | +50,000 | $0.00 | $0 | 55,128 | Nov 5, 2024 |
| Nov 1, 2024 | SOpen-market sale Class A Common Stock | -45,994 | $111.22 | $5.1M | 9,134 | Nov 5, 2024 |
| Nov 1, 2024 | SOpen-market sale Class A Common Stock | -4,006 | $111.84 | $448k | 5,128 | Nov 5, 2024 |
| Nov 1, 2024 | MOption exercise Stock Option (Right to Buy)derivative | -50,000 | $0.00 | $0 | 70,000 | Nov 5, 2024 |
Related signals
Other insiders at Reddit, Inc. and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 15Weak | Reddit, Inc. | Steve Ladd Huffman CEO & President | $2.5M 17,308 shares | -5% | |
| 23Weak | Reddit, Inc. | Steve Ladd Huffman CEO & President | $2.8M 17,308 shares | -5% | |
| 18Weak | Reddit, Inc. | Jennifer L. Wong Chief Operating Officer | $9.7M 60,000 shares | -6% | |
| 23Weak | Reddit, Inc. | Steve Ladd Huffman CEO & President | $2.7M 18,000 shares | -5% | |
| 28Weak | Reddit, Inc. | Michelle Marie Reynolds Chief Accounting Officer | $527k 3,500 shares | -8% | |
| 20Weak | Reddit, Inc. | Christopher Brian Slowe Chief Technology Officer | $2.2M 16,000 shares | -6% | |
| 35Weak | Reddit, Inc. | Steve Ladd Huffman CEO & President | $15M 124,409 shares | -22% | |
| 20Weak | Reddit, Inc. | Michelle Marie Reynolds Chief Accounting Officer | $114k 909 shares | -2% | |
| 25Weak | Reddit, Inc. | Jennifer L. Wong Chief Operating Officer | $4.1M 33,333 shares | -2% | |
| 42Moderate | Reddit, Inc. | Andrew Vollero Chief Financial Officer | $3.5M 30,000 shares | -8% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.