[144] Reddit, Inc. SEC Filing

Rhea-AI Filing Summary

Reddit, Inc. (RDDT) filing a Form 144 notifies the market of a proposed sale of 6,426 shares of common stock to be executed through Morgan Stanley Smith Barney LLC on 08/22/2025. The filing reports an aggregate market value of $1,405,044.90 based on the proposed sale and lists 134,585,853 shares outstanding. The securities were acquired as restricted stock units from the issuer on 08/20/2025 and are planned for sale two days later; no payment installment arrangement is reported. The filer indicates there were no reportable sales in the prior three months and includes the standard representation that the selling person is not aware of undisclosed material adverse information.

Positive

• Transparent disclosure of planned insider sale including broker, date, share count, and aggregate value
• Securities acquired as RSUs and reported promptly, indicating compliance with reporting requirements
• No sales in prior three months were reported, reducing concern about ongoing insider disposition

Negative

• Insider sale of shares valued at $1,405,044.90 could be perceived negatively by some investors
• No information provided on whether the sale is part of a pre-established trading plan (10b5-1), limiting governance context

Insights

Securities Analyst

TL;DR Insider plans to sell newly vested RSUs totaling 6,426 shares (~$1.4M) via Morgan Stanley; routine liquidity event with limited disclosure risk.

The notice documents a sale of restricted stock units shortly after vesting, indicating a likely personal liquidity action rather than an operational signal from the company. The filing discloses the broker, timing, number of shares, acquisition method, and aggregate value, which supports market transparency. Absent other insider sales or material disclosures, this single Form 144 is typically neutral to investor fundamentals.

Corporate Governance Expert

TL;DR The filing shows compliant insider disclosure for a post-vesting sale; governance processes appear followed based on provided information.

The filer states acquisition as RSUs and provides the sale date and broker, which aligns with Rule 144 reporting expectations. The certification that no undisclosed material adverse information is known is present. The document does not provide plan-adoption or 10b5-1 details, so governance context on pre-specified trading plans cannot be assessed from this filing alone.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6426	1405044.90	134585853	08/22/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/20/2025	Restricted Stock Units	Issuer			6426	08/20/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What securities does the RDDT Form 144 report propose to sell?

The filing proposes sale of 6,426 shares of Reddit, Inc. common stock.

When and through which broker will the RDDT shares be sold?

The proposed sale is dated 08/22/2025 and is to be executed through Morgan Stanley Smith Barney LLC.

What is the aggregate market value of the shares proposed for sale in the RDDT filing?

The filing lists an aggregate market value of $1,405,044.90 for the proposed sale.

How were the shares acquired that are being sold according to the filing?

The shares were acquired as restricted stock units (RSUs) from the issuer on 08/20/2025.

Does the RDDT Form 144 report any sales by the filer in the prior three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Does the filing indicate whether the sale is under a 10b5-1 trading plan?

No. The filing does not provide a date of plan adoption or indicate reliance on a 10b5-1 plan.