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[Form 4] Reddit, Inc. Insider Trading Activity

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

Rhea-AI Filing Summary

Christopher Brian Slowe, Reddit, Inc. Chief Technology Officer, reported multiple transactions in August 2025. On 08/20/2025 14,839 shares were withheld by the company to satisfy tax withholding obligations at a reported price of $228.18 (non-market withholding). On 08/21/2025 the reporting person exercised a fully vested stock option with a $1.93 exercise price to acquire 24,000 shares; those shares are reported as Class B Common Stock convertible one-for-one into Class A shares. Between 08/21/2025 and 08/22/2025 the filing discloses a series of sales effected pursuant to a Rule 10b5-1 trading plan adopted May 9, 2025, executed in multiple trades at prices ranging roughly from $214.73 to $229.60. After the reported transactions the reporting person directly beneficially owns 213,334 Class A shares and indirectly holds 20,184 Class A shares through The Slowe Family Trust dated January 26, 2012.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine insider option exercise and subsequent sales under a 10b5-1 plan; net direct holdings remain materially disclosed.

The filing documents a typical combination of option exercise and systematic disposals under a pre-established Rule 10b5-1 trading plan. The option exercise at a $1.93 strike generated 24,000 Class B shares, while numerous market sales across 08/21-08/22/2025 reduced direct Class A holdings to 213,334 shares. The filing discloses per-trade price ranges and that 14,839 shares were withheld for tax obligations. For investors, the record provides transparent execution details and the remaining direct and indirect ownership figures.

TL;DR: Disclosure aligns with Section 16 requirements and documents a Rule 10b5-1 program and tax withholding.

The Form 4 includes required detail: identification of the reporting person as an officer (Chief Technology Officer), explicit statement that sales were effected under a Rule 10b5-1 plan adopted May 9, 2025, and a clear explanation that certain shares were withheld to satisfy tax withholding obligations. It also lists indirect ownership via a family trust. The form is procedurally complete, showing exercise, conversion mechanics, and post-transaction beneficial ownership balances.

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)
08/20/2025
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 08/20/2025 F 14,839(1) D $228.18 226,534 D
Class A Common Stock 08/21/2025 C 24,000 A $0 250,534 D
Class A Common Stock 08/21/2025 S 900(2) D $216.99(3) 249,634 D
Class A Common Stock 08/21/2025 S 8,298(2) D $218.16(4) 241,336 D
Class A Common Stock 08/21/2025 S 12,181(2) D $218.96(5) 229,155 D
Class A Common Stock 08/21/2025 S 5,721(2) D $220.03(6) 223,434 D
Class A Common Stock 08/21/2025 S 900(2) D $220.98(7) 222,534 D
Class A Common Stock 08/22/2025 S 1,019(2) D $215.11(8) 221,515 D
Class A Common Stock 08/22/2025 S 1,001(2) D $216.36(9) 220,514 D
Class A Common Stock 08/22/2025 S 1,941(2) D $217.45(10) 218,573 D
Class A Common Stock 08/22/2025 S 2,092(2) D $218.33(11) 216,481 D
Class A Common Stock 08/22/2025 S 423(2) D $219.23(12) 216,058 D
Class A Common Stock 08/22/2025 S 400(2) D $220.49(13) 215,658 D
Class A Common Stock 08/22/2025 S 400(2) D $221.89(14) 215,258 D
Class A Common Stock 08/22/2025 S 100(2) D $222.84 215,158 D
Class A Common Stock 08/22/2025 S 400(2) D $224.71(15) 214,758 D
Class A Common Stock 08/22/2025 S 400(2) D $225.36(16) 214,358 D
Class A Common Stock 08/22/2025 S 800(2) D $226.83(17) 213,558 D
Class A Common Stock 08/22/2025 S 224(2) D $228.09(18) 213,334 D
Class A Common Stock 08/22/2025 S 800(2) D $229.21(19) 212,534 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 08/21/2025 M 24,000 (20) 02/25/2026 Class B Common Stock 24,000 $0 129,464 D
Class B Common Stock (21) 08/21/2025 M 24,000 (21) (21) Class A Common Stock 24,000 $0 24,000 D
Class B Common Stock (21) 08/21/2025 C 24,000 (21) (21) Class A Common Stock 24,000 $0 0 D
Explanation of Responses:
1. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2025.
3. The sales were executed in multiple trades at prices ranging from $216.56 to $217.42. 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 (3) to (19) to this Form 4.
4. The sales were executed in multiple trades at prices ranging from $217.57 to $218.56.
5. The sales were executed in multiple trades at prices ranging from $218.57 to $219.55.
6. The sales were executed in multiple trades at prices ranging from $219.65 to $220.61.
7. The sales were executed in multiple trades at prices ranging from $220.65 to $221.39.
8. The sales were executed in multiple trades at prices ranging from $214.73 to $215.59.
9. The sales were executed in multiple trades at prices ranging from $215.89 to $216.84.
10. The sales were executed in multiple trades at prices ranging from $216.93 to $217.76.
11. The sales were executed in multiple trades at prices ranging from $217.95 to $218.91.
12. The sales were executed in multiple trades at prices ranging from $218.97 to $219.43.
13. The sales were executed in multiple trades at prices ranging from $220.27 to $220.71.
14. The sales were executed in multiple trades at prices ranging from $221.30 to $222.26.
15. The sales were executed in multiple trades at prices ranging from $223.98 to $224.95.
16. The sales were executed in multiple trades at prices ranging from $225.14 to $225.95.
17. The sales were executed in multiple trades at prices ranging from $226.34 to $227.33.
18. The sales were executed in multiple trades at prices ranging from $227.56 to $228.46.
19. The sales were executed in multiple trades at prices ranging from $228.70 to $229.60.
20. The stock option is fully vested and currently exercisable.
21. 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 08/22/2025
** 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.
REDDIT INC

NYSE:RDDT

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RDDT Stock Data

39.33B
136.96M
4.65%
88.27%
10.46%
Internet Content & Information
Services-computer Processing & Data Preparation
Link
United States
SAN FRANCISCO