Reddit COO Jennifer Wong Sells $4.8M in Shares

Wong's sale represents a 2.99% decrease in her ownership stake in the social media platform.

Mar. 21, 2026 at 12:12am by Ben Kaplan

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Reddit Inc. (NYSE:RDDT) Chief Operating Officer Jennifer Wong sold 33,507 shares of the company's stock on Wednesday, March 18th. The shares were sold at an average price of $143.41, for a total value of $4,805,238.87. Following the sale, Wong now owns 1,088,451 shares in the company, valued at $156,094,757.91.

Why it matters

The sale by Reddit's COO represents a significant decrease in her ownership stake in the company, which could signal a change in her confidence or plans for the business. As a top executive, Wong's trading activity is closely watched by investors and analysts.

The details

According to a filing with the Securities & Exchange Commission, Wong's sale of 33,507 shares represents a 2.99% decrease in her ownership of Reddit stock. The transaction was disclosed in a legal filing, as required for corporate insiders. Wong continues to hold over 1 million shares in the company, which are valued at over $156 million based on the current stock price.

  • The share sale occurred on Wednesday, March 18th, 2026.

The players

Jennifer Wong

The Chief Operating Officer of Reddit Inc., a major social media platform.

Reddit Inc.

A publicly traded social media company that operates the popular online discussion platform Reddit.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

Wong's sale of over $4.8 million in Reddit shares, while still maintaining a sizable ownership stake, could signal a shift in her long-term outlook for the company. Investors will likely closely monitor any further trading activity by Reddit's top executives in the coming months.