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Reddit(RDDT.US) Director Sells US$3.43 Million in Common Stock

Moomoo News ·  Aug 13 21:44

$Reddit (RDDT.US)$ Director Gale Mary Porter sold 65,000 shares of common stock on Aug 9, 12, 13, 2024 at an average price of $52.77 for a total value of $3.43 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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