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Reddit Inc Class A (RDDT) has shared an update.
Reddit’s Board of Directors has expanded, welcoming Sarah Farrell of Waygrove Partnership as its newest independent member. Farrell joins the Audit Committee with a compensation package that includes a mix of cash retainers and stock options. As part of her onboarding, she’ll receive an initial grant of restricted stock units valued at $250,000, in addition to an annual retainer and further stock awards, all contingent on her continued service on the Board. Her appointment, emphasizing independence and transparency, comes without any insider connections or undisclosed transactions.
For an in-depth examination of RDDT stock, go to TipRanks’ Stock Analysis page.