$Reddit (RDDT.US)$ 10% Shareholder Tencent Holdings Ltd sold 1.5 million shares of common stock on Nov 11, 12, 13, 2024 at an average price of $131.86 for a total value of $197.58 million.
This transaction involves other related parties: Tencent Cloud Europe B.V..
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.
