Some people use the reporting option as “I don’t agree with you”, or just don’t fully understand what may or may not be against the forum code of conduct.
If there are enough reports they may temporarily hide the post until the report is reviewed.
We do not penalize people for using the report option, only for abusing it. So if there is indication if that, such as if someone uses multiple characters on their account to report a post, they may find themselves with a suspension.