Reddit CEO trust sells 18,000 RDDT shares

Reddit, Inc. director and CEO Steve Huffman reported transactions by The XYZ Revocable Trust, an entity through which he holds shares.

Rhea-AI Filing Summary

Reddit, Inc. director and CEO Steve Huffman reported transactions by The XYZ Revocable Trust, an entity through which he holds shares. On February 13, 2026, the trust exercised stock options for 18,000 shares of Class A common stock at an exercise price of $0.00 per share, increasing its indirect Class A holdings to 466,576 shares.

That same day, the trust sold a total of 18,000 Class A shares in multiple open‑market trades at prices ranging from $136.01 to $141.14 per share, leaving 448,576 Class A shares held indirectly after the sales. The filing states that these sales were carried out under a Rule 10b5‑1 trading plan adopted on May 19, 2025, indicating the transactions were pre‑scheduled rather than newly decided.

Insider Trade Summary

Exercise and Sale: 18,000 shares ($2.04M approx. pre-tax spread)

Exercise and Sale 8 txns

Insider Huffman Steve Ladd

Role CEO & President

Sold 18,000 shs ($2.50M)

Approx. gross sale proceeds $2.50M

Approx. exercise cost $455K

Approx. pre-tax spread $2.04M

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	18,000	$0.00	$0.00
Exercise	Class A Common Stock	18,000	$0.00	$0.00
Sale	Class A Common Stock	1,100	$136.74	$150K
Sale	Class A Common Stock	3,203	$137.66	$441K
Sale	Class A Common Stock	5,100	$138.64	$707K
Sale	Class A Common Stock	7,988	$139.52	$1.11M
Sale	Class A Common Stock	509	$140.61	$72K
Sale	Class A Common Stock	100	$141.85	$14K

Holdings After Transaction: Stock Option (Right to Buy) — 1,279,255 contracts (Indirect, By The XYZ Revocable Trust); Class A Common Stock — 448,576 shares (Indirect, By The XYZ Revocable Trust)

Footnotes (7)

1. F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2025.
2. F2. The sales were executed in multiple trades at prices ranging from $136.01 to $136.95. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price within the ranges set forth in footnotes (2) to (6) to this Form 4.
3. F3. The sales were executed in multiple trades at prices ranging from $137.13 to $138.09.
4. F4. The sales were executed in multiple trades at prices ranging from $138.16 to $139.15.
5. F5. The sales were executed in multiple trades at prices ranging from $139.16 to $140.11.
6. F6. The sales were executed in multiple trades at prices ranging from $140.22 to $141.14.
7. F7. The option vests over five years on each quarterly anniversary of December 25, 2023, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.

FAQ

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

What insider transactions did Reddit (RDDT) disclose for Steve Huffman?

Reddit disclosed that a revocable trust associated with CEO Steve Huffman exercised options for 18,000 Class A shares, then sold 18,000 Class A shares the same day in multiple open‑market trades, leaving 448,576 Class A shares held indirectly afterward.

How many Reddit (RDDT) shares were sold in this Steve Huffman Form 4?

The Form 4 reports that 18,000 Class A common shares of Reddit were sold by a revocable trust associated with Steve Huffman. The sales were executed in several trades at prices between $136.01 and $141.14 per share, all on February 13, 2026.

At what prices were the Reddit (RDDT) shares sold in this Form 4 filing?

The sales were executed in multiple trades with prices ranging from $136.01 to $141.14 per Reddit Class A share. Individual sale lots include reported weighted average prices such as $136.74, $137.66, $138.64, $139.52, $140.61, and $141.85 per share.

Did Steve Huffman’s Reddit (RDDT) trust exercise stock options in this Form 4?

Yes. A revocable trust associated with Steve Huffman exercised a stock option covering 18,000 Reddit Class A shares at an exercise price of $0.00 per share, increasing indirect Class A holdings to 466,576 shares before subsequent open‑market sales reduced that balance.

How many Reddit (RDDT) shares does Steve Huffman’s trust hold after these transactions?

After the reported February 13, 2026 trades, the revocable trust associated with Steve Huffman held 448,576 Reddit Class A common shares indirectly. A separate derivative position shows 1,279,255 stock option rights remaining following the option exercise described in the Form 4.

Were Steve Huffman’s Reddit (RDDT) share sales under a Rule 10b5-1 plan?

Yes. The filing states that the reported sales were effected pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person on May 19, 2025, indicating the sale schedule was established in advance rather than decided on the trade date itself.

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

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Accepted by SEC EDGAR 02/18/2026 - 07:35 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Huffman Steve Ladd

(Last) (First) (Middle)

C/O REDDIT, INC.

303 2ND STREET, SOUTH TOWER, 5TH FLOOR

(Street)

SAN FRANCISCO CA 94107

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Reddit, Inc. [ RDDT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & President

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/13/2026		M		18,000	A	$0	466,576	I	By The XYZ Revocable Trust
Class A Common Stock	02/13/2026		S		1,100(1)	D	$136.74(2)	465,476	I	By The XYZ Revocable Trust
Class A Common Stock	02/13/2026		S		3,203(1)	D	$137.66(3)	462,273	I	By The XYZ Revocable Trust
Class A Common Stock	02/13/2026		S		5,100(1)	D	$138.64(4)	457,173	I	By The XYZ Revocable Trust
Class A Common Stock	02/13/2026		S		7,988(1)	D	$139.52(5)	449,185	I	By The XYZ Revocable Trust
Class A Common Stock	02/13/2026		S		509(1)	D	$140.61(6)	448,676	I	By The XYZ Revocable Trust
Class A Common Stock	02/13/2026		S		100(1)	D	$141.85	448,576	I	By The XYZ Revocable Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$25.29	02/13/2026		M			18,000	(7)	12/25/2033	Class A Common Stock	18,000	$0	1,279,255	I	By The XYZ Revocable Trust

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2025.

2. The sales were executed in multiple trades at prices ranging from $136.01 to $136.95. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price within the ranges set forth in footnotes (2) to (6) to this Form 4.

3. The sales were executed in multiple trades at prices ranging from $137.13 to $138.09.

4. The sales were executed in multiple trades at prices ranging from $138.16 to $139.15.

5. The sales were executed in multiple trades at prices ranging from $139.16 to $140.11.

6. The sales were executed in multiple trades at prices ranging from $140.22 to $141.14.

7. The option vests over five years on each quarterly anniversary of December 25, 2023, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.

Remarks:

	/s/ Julie Rogers, Attorney-in-Fact	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.