Insider Trading March 12, 2026

Reddit CTO Completes $1.29M Share Sale, Exercises Options and Donates Large Block of Stock

Christopher Slowe reduces direct holdings amid mixed corporate signals — strong Q4 results and analyst backing offset by regulatory penalty and falling engagement

By Maya Rios RDDT
Reddit CTO Completes $1.29M Share Sale, Exercises Options and Donates Large Block of Stock
RDDT

Reddit Chief Technology Officer Christopher Brian Slowe sold 7,500 Class A shares for about $1.29 million on March 9, 2026, exercised options covering 7,500 shares, and donated 144,644 shares on March 10, 2026. The moves leave Slowe with 38,413 directly held shares and 164,828 indirectly held by The Slowe Family Trust. The insider activity comes as Reddit reported robust fourth-quarter 2025 results and announced a $1 billion buyback program, while also facing a £14.47 million fine from the UK regulator for mishandling children’s data.

Key Points

  • Reddit CTO Christopher Brian Slowe sold 7,500 Class A shares on March 9, 2026 for approximately $1.29 million, at prices between $133.45 and $138.86.
  • Slowe exercised options for 7,500 shares (exercise price $7.92, exercise recorded at $0.00) and donated 144,644 shares on March 10, 2026; he now directly owns 38,413 shares and The Slowe Family Trust holds 164,828 shares.
  • Reddit reported strong Q4 2025 results - $725.6 million revenue (up 70% YoY) and adjusted EBITDA up 112% YoY - announced a $1 billion buyback, and received analyst support even as it faces a £14.47 million ICO fine and falling user time spent.

Christopher Brian Slowe, Reddit, Inc.'s Chief Technology Officer, completed a set of equity transactions in early March 2026 that included a sale, an exercise of options and a substantial gift of shares.

On March 9, 2026, Slowe sold 7,500 shares of Reddit's Class A Common Stock for roughly $1.29 million. The disposals were carried out across multiple trades at prices spanning $133.45 to $138.86 per share.

Those sales were accompanied by a simultaneous exercise of stock options covering 7,500 Class A shares. The filings indicate the exercise price was $7.92 and that the exercise itself was recorded at a price of $0.00. After the exercise, Slowe's direct holdings rose to 89,043 shares before the later gift transaction.

On March 10, 2026, Slowe executed gift transactions, donating 144,644 shares of Class A Common Stock. Following the sale, exercise and the gift, Slowe directly holds 38,413 shares, while 164,828 shares remain held indirectly by The Slowe Family Trust dated January 26, 2012.


Slowe's portfolio moves come against a broader backdrop of volatility for the company's stock. Reddit shares have fallen 46% over the prior six months. At the same time, an InvestingPro analysis referenced in company materials indicates the stock is trading below its Fair Value and lists Reddit among the most undervalued opportunities on that platform. The company also offers a Pro Research Report covering more than 1,400 U.S. equities for investors seeking deeper valuation analysis.

Corporate results released for the fourth quarter of 2025 underline strong topline and profit metric expansion. Reddit reported revenue of $725.6 million in Q4 2025, a 70% increase from the year-earlier quarter. Adjusted EBITDA climbed 112% year-over-year and exceeded analyst expectations by 16%.

Following the quarterly disclosure, several brokerages weighed in. Needham reiterated its Buy rating and kept its $300 price target. Truist Securities raised its price target to $275 from $270 while maintaining a Buy rating and described Reddit's performance as a "Classic Beat & Raise." Separately, Citizens retained a Market Outperform rating and pointed to robust ad revenue momentum, noting 75% year-over-year growth in advertising revenue in the fourth quarter, though the firm also highlighted a decline in global time spent on the platform, including a 10.5% year-over-year drop in the U.S. in January.

Alongside the financial strength, Reddit announced a new $1 billion share buyback program aimed at returning capital to shareholders.

Regulatory developments present a counterweight to the positive financial news. Reddit was fined £14.47 million by the U.K.'s Information Commissioner's Office for improperly handling children's personal information. The ICO criticized the company for not implementing age verification until July 2025 and for relying on self-declaration, which the regulator found inadequate.

After the sequence of insider transactions and the company's mixed operational and regulatory signals, Slowe's direct and indirect holdings are now publicly disclosed as 38,413 and 164,828 shares respectively.


Investors tracking insider activity, corporate performance and regulatory exposure may use the available Pro Research Report and valuation tools noted by InvestingPro to assess Reddit's positioning relative to its reported Fair Value.

Risks

  • Significant share price volatility - Reddit shares declined 46% over the prior six months, which could affect investor returns and market perception (impacts technology and equity markets).
  • Regulatory penalty - a £14.47 million fine from the U.K. Information Commissioner’s Office for mishandling children’s data highlights compliance risk for the company (impacts regulatory oversight and digital advertising sectors).
  • Engagement weakness - reported declines in global time spent on the platform, including a 10.5% year-over-year drop in the U.S. in January, may pressure ad revenue trends despite quarter-over-quarter growth (impacts advertising and media sectors).

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