[Form 4] Reddit, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Reddit (NYSE:RDDT) CTO Christopher Brian Slowe filed a Form 4 disclosing he exercised 11,000 stock options at $1.93 and immediately sold 16,000 Class A shares on 06/23/2025 under a Rule 10b5-1 plan at weighted prices of $133.93-$141.48, generating roughly $2.18 million in proceeds.

After the transactions, Slowe retains 246,373 Class A shares directly and 20,184 indirectly through the Slowe Family Trust; the sale reduced his direct stake by about 6 %.

No other material corporate changes were reported.

Positive

• None.

Negative

• CTO sold 16,000 shares (~6 % of direct holdings) for approximately $2.18 million via Rule 10b5-1 plan

Insights

Insider Trading Analyst

TL;DR: $2.18 M sale trims 6 % stake—slightly bearish signal.

The divestiture exceeds both the $1 M and 5 % materiality hurdles, so it can pressure sentiment despite adherence to a 10b5-1 plan. The exercise price of $1.93 implies significant unrealized gain capture, suggesting personal liquidity rather than loss of confidence; however, continuous sales could foreshadow reduced insider alignment. Monitor for repeat filings and other executives’ trading patterns.

Portfolio Manager

TL;DR: Transaction is routine liquidity—neutral to fundamentals.

Company-level economics remain unchanged; insider ownership barely moves relative to Reddit’s float and Slowe still holds >246 k shares. Option exercise converts Class B to Class A, modestly increasing public float. Unless this becomes a trend or other C-suite members follow suit, the filing shouldn’t materially alter valuation models or portfolio weightings.

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^*

Slowe Christopher Brian

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025

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	06/23/2025		C		11,000	A	$0	262,373	D
Class A Common Stock	06/23/2025		S		4,237(1)	D	$133.93(2)	258,136	D
Class A Common Stock	06/23/2025		S		2,300(1)	D	$135.09(3)	255,836	D
Class A Common Stock	06/23/2025		S		2,923(1)	D	$136.07(4)	252,913	D
Class A Common Stock	06/23/2025		S		1,800(1)	D	$137.03(5)	251,113	D
Class A Common Stock	06/23/2025		S		1,800(1)	D	$138.55(6)	249,313	D
Class A Common Stock	06/23/2025		S		1,732(1)	D	$139.57(7)	247,581	D
Class A Common Stock	06/23/2025		S		1,100(1)	D	$140.54(8)	246,481	D
Class A Common Stock	06/23/2025		S		108(1)	D	$141.48(9)	246,373	D
Class A Common Stock								20,184	I	By The Slowe Family Trust dated January 26, 2012

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)	$1.93	06/23/2025		M			11,000	(10)	02/25/2026	Class B Common Stock	11,000	$0	164,464	D
Class B Common Stock	(11)	06/23/2025		M		11,000		(11)	(11)	Class A Common Stock	11,000	$0	11,000	D
Class B Common Stock	(11)	06/23/2025		C			11,000	(11)	(11)	Class A Common Stock	11,000	$0	0	D

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 21, 2024.

2. The sales were executed in multiple trades at prices ranging from $133.52 to $134.47. 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 (9) to this Form 4.

3. The sales were executed in multiple trades at prices ranging from $134.53 to $135.52.

4. The sales were executed in multiple trades at prices ranging from $135.56 to $136.54.

5. The sales were executed in multiple trades at prices ranging from $136.66 to $137.44.

6. The sales were executed in multiple trades at prices ranging from $138.12 to $139.06.

7. The sales were executed in multiple trades at prices ranging from $139.15 to $140.07.

8. The sales were executed in multiple trades at prices ranging from $140.29 to $141.09.

9. The sales were executed in multiple trades at prices ranging from $141.47 to $141.48.

10. The stock option is fully vested and currently exercisable.

11. The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.

Remarks:

	/s/ Julie Rogers, Attorney-in-Fact	06/25/2025
	** 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

How many Reddit (RDDT) shares did CTO Christopher Slowe sell on June 23 2025?

He sold 16,000 Class A shares across eight trades.

What was the total value of the shares sold by RDDT's CTO?

Aggregate proceeds were about $2.18 million based on weighted average prices of $133.93–$141.48.

Did the CTO's sales occur under a 10b5-1 trading plan?

Yes. The Form 4 states the trades were executed under a Rule 10b5-1 plan adopted May 21 2024.

How did the transaction affect Slowe's ownership in Reddit (RDDT)?

Direct holdings decreased by 16,000 shares to 246,373 Class A shares, a reduction of roughly 6 %.

Were any stock options exercised in this filing?

Yes. Slowe exercised 11,000 options at an exercise price of $1.93, converting them into Class A shares.

How many Reddit shares does Slowe now own indirectly?

He holds 20,184 Class A shares indirectly through The Slowe Family Trust.