Form 4 | Advance Magazine Publishers Inc. Director and 10% Owner sold 10,000,000 shares of Reddit.

SEC Track11-23 07:00

Advance Magazine Publishers Inc., a Director and 10% Owner of Reddit, executed a sale of 10,000,000 shares of Reddit's Class A Common Stock on November 21, 2024, through exercising a call option priced at $306.1084 per share. Simultaneously, the company acquired a corresponding number of put options priced at $121.0196 per share. This transaction is a zero-cost collar, indicating that the holder anticipates stock price volatility.

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Director and 10% Owner sold 10,000,000 shares of Reddit.\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-23 07:00 北京时间&nbsp;&nbsp;&nbsp;<strong>SEC Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Advance Magazine Publishers Inc., a Director and 10% Owner of Reddit, executed a sale of 10,000,000 shares of Reddit's Class A Common Stock on November 21, 2024, through exercising a call option ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RDDT","symbol_name":"Reddit","start_time":0,"source_url":"","article_id":"1141084899","we_media_id":"1033292654","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1141084899","pubTimestamp":1732316413,"sourceInfo":null,"weMediaInfo":{"media_name":"SEC Track","introduction":"Stay Updated with Major Announcements","home_visible":1,"id":"1033292654","head_image":"https://static.tigerbbs.com/f241068b466f5f9316243a75366834d5"},"summary":"Advance Magazine Publishers Inc., a Director and 10% Owner of Reddit, executed a sale of 10,000,000 shares of Reddit's Class A Common Stock on November 21, 2024, through exercising a call option priced at $306.1084 per share. 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