Rule 144: Insider 78,333‑share option exercise and 10b5-1 sales

Registrant reported proposed and completed Rule 144 sales and an option exercise by insiders and related holders.

Rhea-AI Filing Summary

Registrant reported proposed and completed Rule 144 sales and an option exercise by insiders and related holders. The filing lists a 06/16/2026 exercise of 78,333 shares through issuer cash exercise and multiple 10b5-1 sales by Jennifer Wong and Morma Trust: 39,167 shares on 05/18/2026, 39,167 shares on 04/16/2026, 33,507 shares on 03/18/2026, and 5,658 shares on 03/18/2026.

The transactions are presented as routine disposition mechanics under Rule 144 and 10b5-1 plans; the filing documents share counts and gross consideration for each sale.

Insights

Corporate Governance Analyst

Routine Rule 144/10b5-1 sales and an option exercise reported; no allegation of misconduct.

The filing lists an exercise of 78,333 shares on 06/16/2026 and four 10b5-1 sale entries showing specific share counts and gross proceeds. These are transactional disclosures required by regulation.

Cash‑flow treatment for sales and the exercise is stated per row; timing and plan mechanics are shown by the 10b5-1 labels. Subsequent filings would state any further dispositions.

Key Figures

Option exercise: 78,333 shares 10b5-1 sale (May): 39,167 shares 10b5-1 sale (Apr): 39,167 shares +2 more

5 metrics

Option exercise 78,333 shares Exercise of Stock Options on <date>06/16/2026</date>

10b5-1 sale (May) 39,167 shares Sale on <date>05/18/2026</date> for <b>$6,208,960.43</b>

10b5-1 sale (Apr) 39,167 shares Sale on <date>04/16/2026</date> for <b>$6,324,087.90</b>

10b5-1 sale (Mar, Jennifer Wong) 33,507 shares Sale on <date>03/18/2026</date> for <b>$4,805,238.87</b>

10b5-1 sale (Mar, Morma Trust) 5,658 shares Sale on <date>03/18/2026</date> for <b>$811,440.37</b>

Key Terms

Rule 144, 10b5-1, Exercise of Stock Options

3 terms

Rule 144 regulatory

"144: Securities To Be Sold"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

10b5-1 regulatory

"10b5-1 Sales for JENNIFER WONG"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Exercise of Stock Options financial

"Common | 06/16/2026 | Exercise of Stock Options"

FAQ

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

What transactions does the RDDT Form 144 report?

The filing shows a 06/16/2026 exercise of 78,333 shares and multiple 10b5-1 sales: 39,167 (05/18/2026), 39,167 (04/16/2026), 33,507 and 5,658 (both 03/18/2026). These rows include gross proceeds per sale.

Who effected the 10b5-1 sales disclosed in the filing?

The sales listed were executed under 10b5-1 plans by Jennifer Wong and Morma Trust, with specific rows naming each seller and share counts on the listed dates.

Does the filing show proceeds received from the sales?

Yes. Each sale row lists gross consideration: for example, the 05/18/2026 sale of 39,167 shares shows $6,208,960.43 and other sale rows include their respective gross amounts.

Was cash used or received for the 06/16/2026 option exercise?

The filing records the 06/16/2026 event as an Exercise of Stock Options with method labeled Cash, indicating cash was used to effect the exercise.

Are these filings indicative of insider misconduct?

The entries are labeled as Rule 144 and 10b5-1 transactions and show counts and proceeds. These are regulatory disclosure mechanics; the filing contains no assertions of wrongdoing or allegations.

Where can I find the exact gross proceeds for each sale in the filing?

Each sale line pairs share counts with gross proceeds; examples include $6,208,960.43 for 39,167 shares on 05/18/2026 and $6,324,087.90 for 39,167 shares on 04/16/2026.

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

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Accepted by SEC EDGAR 06/16/2026 - 04:36 PM EDT 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	0001663651
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	JENNIFER WONG
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	78333	14247206.04	141965642	06/16/2026	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	06/16/2026	Exercise of Stock Options	Issuer			78333	06/16/2026	Cash

* 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 JENNIFER WONG 303 2nd Street, South Tower, 5th Floor San Francisco CA 94107	Common	05/18/2026	39167	6208960.43
10b5-1 Sales for JENNIFER WONG 303 2nd Street, South Tower, 5th Floor San Francisco CA 94107	Common	04/16/2026	39167	6324087.90
10b5-1 Sales for JENNIFER WONG 303 2nd Street, South Tower, 5th Floor San Francisco CA 94107	Common	03/18/2026	33507	4805238.87
10b5-1 Sales for MORMA TRUST 303 2nd Street, South Tower, 5th Floor San Francisco CA 94107	Common	03/18/2026	5658	811440.37

144: Remarks and Signature

Remarks	The securities to be sold were and will be received upon the exercise of stock options over the next three months. The dates of acquisition and payment were and will be the dates of exercise/sale.
Date of Notice	06/16/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	05/16/2025
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/ Jennifer Wong
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)