Reddit (RDDT) Form 144: Insider Sale of 3,214 Shares ($702.7K)

Form 144 filing for Reddit, Inc. (RDDT) reports a proposed sale of 3,214 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $702,741.10, and an approximate sale date of 08/22/2025 on the NYSE.

Rhea-AI Filing Summary

Form 144 filing for Reddit, Inc. (RDDT) reports a proposed sale of 3,214 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $702,741.10, and an approximate sale date of 08/22/2025 on the NYSE. The filing states these shares were acquired as Restricted Stock Units from the issuer on 08/20/2025 and payment was recorded as of that date.

The filing also discloses prior 10b5-1 plan sales by the same person, MICHELLE REYNOLDS, totaling 7,909 shares sold across dates 06/16/2025, 06/25/2025 and 08/05/2025, generating gross proceeds shown for each sale. The filer affirms no undisclosed material adverse information and references Rule 10b5-1 plan procedures where applicable.

Positive

• Use of Rule 10b5-1 plans is documented for prior sales, indicating prearranged trading and compliance with insider-trading protocols
• Complete acquisition details provided (RSU grant date 08/20/2025 and payment date), supporting transparent tracing of the sold shares

Negative

• Insider liquidity event: proposed sale of 3,214 shares valued at $702,741.10 could be viewed negatively by some investors
• Substantial prior sales by the same person in the past three months (7,909 shares) may prompt investor questions about insider selling activity

Insights

Securities Analyst

TL;DR: Insider sale disclosed; amounts appear routine and executed via broker and 10b5-1 plan.

The filing shows a proposed Rule 144 sale of 3,214 shares valued at $702,741.10 and prior 10b5-1 sales totaling 7,909 shares with listed gross proceeds. The shares to be sold were acquired as Restricted Stock Units on 08/20/2025, indicating recent issuance and near-immediate transfer under Rule 144 compliance. The use of Morgan Stanley Smith Barney LLC as broker and multiple prior 10b5-1 transactions suggests structured, prearranged dispositions rather than opportunistic market timing. For investors, these are disclosures of insider liquidity events rather than operational updates.

Corporate Governance Expert

TL;DR: Governance controls evident; filing complies with Rule 144 and references 10b5-1 plans.

The form includes the required representation that the selling person does not possess undisclosed material information and documents prior 10b5-1 sales by MICHELLE REYNOLDS. The presence of a broker and explicit acquisition details (Restricted Stock Units dated 08/20/2025) reflect standard insider reporting and adherence to disclosure protocols. This filing addresses insider sale transparency; it does not contain governance changes or new board-level developments.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filed for Reddit, Inc. (RDDT) disclose?

The form discloses a proposed Rule 144 sale of 3,214 common shares valued at $702,741.10, slated for 08/22/2025 on the NYSE.

Who is the seller named in the filing and what prior sales are listed?

Prior 10b5-1 sales are listed for MICHELLE REYNOLDS totaling 7,909 shares sold on 06/16/2025, 06/25/2025, and 08/05/2025 with disclosed gross proceeds.

How were the securities acquired that are proposed to be sold?

The securities were acquired as Restricted Stock Units from the issuer on 08/20/2025, with the same date shown for payment.

Which broker is handling the proposed sale?

The filing names Morgan Stanley Smith Barney LLC (Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY) as the broker.

Does the filer assert possession of any undisclosed material information?

By signing the notice, the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/22/2025 - 04:41 PM Learn about SEC filing dates

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	0001924279
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	REDDIT INC
SEC File Number	001-41983
Address of Issuer	303 2nd Street, South Tower, 5th Floor San Francisco CALIFORNIA 94107
Phone	4154948016
Name of Person for Whose Account the Securities are To Be Sold	MICHELLE REYNOLDS
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	Officer

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	3214	702741.10	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			3214	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for MICHELLE REYNOLDS 303 2nd Street, South Tower, 5th Floor San Francisco CA 94107	Common	08/05/2025	3500	709088.45
10b5-1 Sales for MICHELLE REYNOLDS 303 2nd Street, South Tower, 5th Floor San Francisco CA 94107	Common	06/25/2025	3500	527240.00
10b5-1 Sales for MICHELLE REYNOLDS 303 2nd Street, South Tower, 5th Floor San Francisco CA 94107	Common	06/16/2025	909	113625.00

144: Remarks and Signature

Remarks
Date of Notice	08/22/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	03/11/2025
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	/s/ Michelle Reynolds
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)