[144] Reddit, Inc. SEC Filing

Rhea-AI Filing Summary

Reddit, Inc. (RDDT) Form 144 notifies the proposed sale of 30,000 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $6,752,400.00 and approximately 134,585,853 shares outstanding. The securities were acquired as Restricted Stock Units on 11/20/2024, with the filer listing a planned approximate sale date of 09/02/2025. The filing also discloses a prior 10b5-1 sale on 06/13/2025 of 30,000 shares generating $3,529,157.19 gross proceeds. The form includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

• Form 144 filed in compliance with Rule 144, providing public disclosure of the proposed sale
• Broker identified (Morgan Stanley Smith Barney LLC), indicating an organized sale process
• Acquisition method disclosed as Restricted Stock Units, clarifying the origin of the shares

Negative

• Insider sale size of 30,000 shares representing a notable planned disposition with an aggregate market value of $6,752,400.00
• Recent disposition shown: 30,000 shares sold under a 10b5-1 plan on 06/13/2025 for $3,529,157.19, indicating prior insider selling activity

Insights

Securities Analyst

TL;DR Insider plans to sell 30,000 shares acquired via RSUs; routine disclosure with limited immediate market implication.

The filing is a standard Form 144 showing a planned sale of 30,000 common shares through Morgan Stanley with an indicated aggregate market value of $6.75 million and an outstanding share count of 134.6 million. The shares were reported as acquired on 11/20/2024 as Restricted Stock Units. A separate entry shows a 10b5-1 sale of 30,000 shares on 06/13/2025 for $3.53 million, indicating recent disposition activity. This disclosure notifies the market of potential insider supply but does not by itself provide information on motive or material nonpublic information.

Corporate Governance Expert

TL;DR Filing reflects compliance with Rule 144 and possible use of a 10b5-1 plan; governance controls appear observed.

The notice includes the required seller representation regarding knowledge of material undisclosed information and references a 10b5-1 sale, suggesting reliance on an established trading plan or instruction. The acquisition via Restricted Stock Units and subsequent planned sale are typical equity compensation monetization steps. From a governance perspective, timely filing and broker identification (Morgan Stanley Smith Barney LLC) are consistent with procedural compliance.

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	30000	6752400.00	134585853	09/02/2025	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	11/20/2024	Restricted Stock Units	Issuer			30000	11/20/2024	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 ANDREW VOLLERO 303 2nd Street, South Tower, 5th Floor San Francisco CA 94107	Common	06/13/2025	30000	3529157.19

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 does Reddit (RDDT) Form 144 disclose?

The filing discloses a proposed sale of 30,000 common shares through Morgan Stanley with aggregate market value of $6,752,400.00 and an approximate sale date of 09/02/2025.

When were the shares to be sold acquired according to the Form 144?

The shares were acquired as Restricted Stock Units on 11/20/2024 and the filing lists the acquisition date as 11/20/2024.

Did the filer recently sell any Reddit (RDDT) shares?

Yes. The filing shows a 10b5-1 sale on 06/13/2025 of 30,000 shares generating $3,529,157.19 in gross proceeds.

Which broker will execute the proposed sale?

The proposed sale is to be executed by Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, New York, NY.

How many Reddit shares were outstanding per the filing?

The filing reports 134,585,853 shares outstanding for the issuer.