Reddit (RDDT) CEO & 10% owner logs 18,000-share sale and option exercise

Rhea-AI Filing Summary

Reddit, Inc.’s CEO and President, who is also a director and 10% owner, reported insider transactions in Class A common stock on 12/15/2025. The reporting person exercised 18,000 stock options at an exercise price of $25.29 per share and acquired 18,000 shares, then sold 18,000 shares indirectly through The XYZ Revocable Trust in multiple trades at weighted average prices ranging from about $214.62 to $225.53 per share under a Rule 10b5-1 trading plan adopted on May 19, 2025.

Following these transactions, the trust beneficially owned 448,576 shares of Reddit Class A common stock and 1,351,255 stock options, all held indirectly.

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)
12/15/2025

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	12/15/2025		M		18,000	A	$0	466,576	I	By The XYZ Revocable Trust
Class A Common Stock	12/15/2025		S		200(1)	D	$214.62(2)	466,376	I	By The XYZ Revocable Trust
Class A Common Stock	12/15/2025		S		670(1)	D	$215.62(3)	465,706	I	By The XYZ Revocable Trust
Class A Common Stock	12/15/2025		S		1,800(1)	D	$216.9(4)	463,906	I	By The XYZ Revocable Trust
Class A Common Stock	12/15/2025		S		3,368(1)	D	$217.65(5)	460,538	I	By The XYZ Revocable Trust
Class A Common Stock	12/15/2025		S		2,419(1)	D	$218.48(6)	458,119	I	By The XYZ Revocable Trust
Class A Common Stock	12/15/2025		S		1,011(1)	D	$219.8(7)	457,108	I	By The XYZ Revocable Trust
Class A Common Stock	12/15/2025		S		800(1)	D	$220.51(8)	456,308	I	By The XYZ Revocable Trust
Class A Common Stock	12/15/2025		S		1,600(1)	D	$221.86(9)	454,708	I	By The XYZ Revocable Trust
Class A Common Stock	12/15/2025		S		2,000(1)	D	$222.72(10)	452,708	I	By The XYZ Revocable Trust
Class A Common Stock	12/15/2025		S		2,612(1)	D	$223.99(11)	450,096	I	By The XYZ Revocable Trust
Class A Common Stock	12/15/2025		S		1,320(1)	D	$224.62(12)	448,776	I	By The XYZ Revocable Trust
Class A Common Stock	12/15/2025		S		200(1)	D	$225.53(13)	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	12/15/2025		M			18,000	(14)	12/25/2033	Class A Common Stock	18,000	$0	1,351,255	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 $214.17 to $215.07. 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 (13) to this Form 4.

3. The sales were executed in multiple trades at prices ranging from $215.17 to $216.11.

4. The sales were executed in multiple trades at prices ranging from $216.18 to $217.17.

5. The sales were executed in multiple trades at prices ranging from $217.18 to $218.12.

6. The sales were executed in multiple trades at prices ranging from $218.18 to $219.17.

7. The sales were executed in multiple trades at prices ranging from $219.22 to $220.08.

8. The sales were executed in multiple trades at prices ranging from $220.22 to $220.73.

9. The sales were executed in multiple trades at prices ranging from $221.23 to $222.22.

10. The sales were executed in multiple trades at prices ranging from $222.24 to $223.12.

11. The sales were executed in multiple trades at prices ranging from $223.38 to $224.37.

12. The sales were executed in multiple trades at prices ranging from $224.40 to $225.36.

13. The sales were executed in multiple trades at prices ranging from $225.51 to $225.55.

14. 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	12/17/2025
	** 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.

FAQ

What insider transactions did Reddit (RDDT) report on 12/15/2025?

The reporting person for Reddit, Inc. (RDDT), who is its CEO, President, director and 10% owner, reported exercising 18,000 stock options for Class A common stock and selling 18,000 shares on 12/15/2025, all held indirectly through The XYZ Revocable Trust.

At what prices did the Reddit (RDDT) insider sell shares on 12/15/2025?

The sales of 18,000 Reddit Class A shares on 12/15/2025 were executed in multiple trades at weighted average prices ranging from about $214.62 to $225.53 per share, as detailed in the footnotes describing the price ranges for each block sold.

Were the Reddit (RDDT) insider share sales made under a Rule 10b5-1 plan?

Yes. The filing states that the sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 19, 2025, which governs the execution of these transactions.

How many Reddit (RDDT) shares does the reporting person beneficially own after these transactions?

After the reported transactions on 12/15/2025, The XYZ Revocable Trust beneficially owned 448,576 shares of Reddit Class A common stock indirectly on behalf of the reporting person, as shown in Table I.

How many Reddit (RDDT) stock options does the insider hold after the Form 4 transactions?

Following the option exercise reported on 12/15/2025, the filing shows that 1,351,255 stock options (stock options with a right to buy Reddit Class A common stock) were beneficially owned indirectly through The XYZ Revocable Trust.

What are the key terms of the Reddit (RDDT) stock option exercised on 12/15/2025?

The derivative table shows a stock option (right to buy) covering 18,000 Reddit Class A shares with an exercise price of $25.29 per share and an expiration date of 12/25/2033. Footnote 14 explains that this option vests over five years on each quarterly anniversary of December 25, 2023, subject to the reporting person’s continued employment or service.

What is the reporting person’s relationship to Reddit (RDDT)?

The reporting person is identified as a director, 10% owner, and officer of Reddit, Inc., serving as CEO & President, with the reported securities held indirectly through The XYZ Revocable Trust.