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Reddit insider Form 4: Class B–to–A conversion and tax shares

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Reddit, Inc. (RDDT) CEO and President, who is also a director and 10% owner, reported equity transactions involving Class A and Class B shares held through The XYZ Revocable Trust. On 11/20/2025, 2,879 shares of Class B Common Stock were converted into 2,879 shares of Class A Common Stock at a stated conversion price of $0, reflecting the one-to-one convertibility of Class B into Class A. On the same date, 40,261 shares of Class A Common Stock were disposed of at $187.78 per share to satisfy tax withholding obligations, which is explicitly described as not being a market sale. Following these transactions, the trust beneficially owned 448,576 shares of Class A Common Stock and 3,581,156 derivative securities relating to Class B Common Stock, all reported as indirect ownership.

Positive

  • None.

Negative

  • None.
Insider Huffman Steve Ladd
Role CEO & President
Type Security Shares Price Value
Conversion Class B Common Stock 2,879 $0.00 --
Conversion Class A Common Stock 2,879 $0.00 --
Tax Withholding Class A Common Stock 40,261 $187.78 $7.56M
Holdings After Transaction: Class B Common Stock — 3,581,156 shares (Indirect, By The XYZ Revocable Trust); Class A Common Stock — 488,837 shares (Indirect, By The XYZ Revocable Trust)
Footnotes (1)
  1. 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. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
Form 4 Insider Transactions: What Each Field Means →
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).
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)
11/20/2025
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 11/20/2025 C 2,879 A $0 488,837 I By The XYZ Revocable Trust
Class A Common Stock 11/20/2025 F 40,261(2) D $187.78 448,576 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
Class B Common Stock (1) 11/20/2025 C 2,879 (1) (1) Class A Common Stock 2,879 $0(1) 3,581,156 I By The XYZ Revocable Trust
Explanation of Responses:
1. 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.
2. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
Remarks:
/s/ Julie Rogers, Attorney-in-Fact 11/24/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Reddit (RDDT) report for its CEO and President?

The CEO and President of Reddit, Inc. (RDDT), who is also a director and 10% owner, reported converting 2,879 shares of Class B Common Stock into Class A Common Stock and a separate disposition of 40,261 Class A shares to cover tax withholding obligations.

How many Reddit (RDDT) shares were converted from Class B to Class A in this Form 4?

The filing reports that 2,879 shares of Class B Common Stock were converted into 2,879 shares of Class A Common Stock on 11/20/2025.

Why were 40,261 Reddit (RDDT) Class A shares disposed of in this filing?

The filing states that 40,261 Class A Common Stock shares were withheld by the company to satisfy the reporting person's tax withholding obligations and notes this was not a market sale.

What is the CEO’s beneficial ownership in Reddit (RDDT) after the reported transactions?

After the reported transactions, The XYZ Revocable Trust, through which the CEO holds shares indirectly, beneficially owned 448,576 shares of Class A Common Stock and 3,581,156 derivative securities relating to Class B Common Stock.

How are Reddit (RDDT) Class B shares treated relative to Class A shares in this Form 4?

The Form 4 explains that 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.

What type of SEC form is this and who filed it for Reddit (RDDT)?

This is an SEC Form 4, a statement of changes in beneficial ownership, filed for an individual who serves as CEO & President, director, and 10% owner of Reddit, Inc., reporting indirect holdings through The XYZ Revocable Trust.