[Form 4] Reddit, Inc. Insider Trading Activity

Q: How did the transactions change Mr. Slowe's holdings?

Direct Class A holdings decreased from 224,534 shares to 210,534 shares after the reported transactions. The Slowe Family Trust holds 20,184 shares indirectly.

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Reporting person: Christopher Brian Slowe, Chief Technology Officer of Reddit, Inc. (RDDT). The Form 4 discloses transactions executed on 09/08/2025 under a Rule 10b5-1 trading plan adopted May 9, 2025.

The filing shows acquisition activity and multiple open-market sales. Mr. Slowe exercised a fully vested stock option with a $1.93 exercise price to acquire 12,000 shares of Class B common stock, which are convertible one-for-one into Class A shares. He also acquired 12,000 Class A shares on 09/08/2025 and executed a series of sales totaling 14,000 Class A shares at weighted-average prices reported in footnotes, reducing his direct Class A holdings from 224,534 to 210,534 shares. The Slowe Family Trust holds 20,184 shares indirectly.

Positive

Transactions executed pursuant to a Rule 10b5-1 plan, indicating pre-established compliance with insider trading rules
Exercised a fully vested option at a $1.93 strike to acquire 12,000 shares, demonstrating orderly monetization
Maintained indirect ownership through The Slowe Family Trust (20,184 shares)

Negative

Net reduction of direct Class A holdings by 14,000 shares (from 224,534 to 210,534), reflecting material insider sales on that date

Insights

TL;DR: Insider exercised vested options and sold 14,000 shares under a 10b5-1 plan, modestly reducing direct holdings.

The transactions show disciplined liquidity management: exercise of a fully vested option at a $1.93 strike to acquire 12,000 shares increases potential share dilution but reflects routine insider monetization when paired with pre-established 10b5-1 sales. The reported sales totaling 14,000 Class A shares were executed across price bands from about $229.98 to $245.69, with weighted-average prices disclosed in footnotes. Net direct holdings decreased from 224,534 to 210,534 shares while 20,184 shares remain held indirectly by a family trust. For investors, these actions are routine insider activity rather than an operational signal.

TL;DR: Trades were implemented under a documented 10b5-1 plan and the option exercised was fully vested, indicating compliance with insider rules.

The filing explicitly states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted May 9, 2025, which provides an affirmative defense to insider trading allegations when properly implemented. The signature by an attorney-in-fact is included. The exercise of a fully vested option and immediate subsequent sales are permitted actions; documentation in the filing supports procedural compliance. No amendments or unexplained transfers are present in this Form 4.

09/10/2025 - 08:34 PM

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^*

Slowe Christopher Brian

(Last)

(First)

(Middle)

C/O REDDIT, INC.

303 2ND STREET, SOUTH TOWER, 5TH FLOOR

(Street)

SAN FRANCISCO

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)
09/08/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	09/08/2025		C		12,000	A	$0	224,534	D
Class A Common Stock	09/08/2025		S		2,385⁽¹⁾	D	$230.38⁽²⁾	222,149	D
Class A Common Stock	09/08/2025		S		1,500⁽¹⁾	D	$231.37⁽³⁾	220,649	D
Class A Common Stock	09/08/2025		S		533⁽¹⁾	D	$232.59⁽⁴⁾	220,116	D
Class A Common Stock	09/08/2025		S		267⁽¹⁾	D	$233.52⁽⁵⁾	219,849	D
Class A Common Stock	09/08/2025		S		1,400⁽¹⁾	D	$234.65⁽⁶⁾	218,449	D
Class A Common Stock	09/08/2025		S		1,130⁽¹⁾	D	$235.69⁽⁷⁾	217,319	D
Class A Common Stock	09/08/2025		S		300⁽¹⁾	D	$236.8⁽⁸⁾	217,019	D
Class A Common Stock	09/08/2025		S		100⁽¹⁾	D	$237.57	216,919	D
Class A Common Stock	09/08/2025		S		1,873⁽¹⁾	D	$239.12⁽⁹⁾	215,046	D
Class A Common Stock	09/08/2025		S		1,712⁽¹⁾	D	$240.13⁽¹⁰⁾	213,334	D
Class A Common Stock	09/08/2025		S		700⁽¹⁾	D	$240.89⁽¹¹⁾	212,634	D
Class A Common Stock	09/08/2025		S		1,100⁽¹⁾	D	$242.64⁽¹²⁾	211,534	D
Class A Common Stock	09/08/2025		S		700⁽¹⁾	D	$243.61⁽¹³⁾	210,834	D
Class A Common Stock	09/08/2025		S		300⁽¹⁾	D	$245.47⁽¹⁴⁾	210,534	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$1.93	09/08/2025		M			12,000	⁽¹⁵⁾	02/25/2026	Class B Common Stock	12,000	$0	117,464	D
Class B Common Stock	⁽¹⁶⁾	09/08/2025		M		12,000		⁽¹⁶⁾	⁽¹⁶⁾	Class A Common Stock	12,000	$0	12,000	D
Class B Common Stock	⁽¹⁶⁾	09/08/2025		C			12,000	⁽¹⁶⁾	⁽¹⁶⁾	Class A Common Stock	12,000	$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 9, 2025.

2. The sales were executed in multiple trades at prices ranging from $229.98 to $230.96. 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 (14) to this Form 4.

3. The sales were executed in multiple trades at prices ranging from $231.01 to $231.64.

4. The sales were executed in multiple trades at prices ranging from $232.06 to $233.05.

5. The sales were executed in multiple trades at prices ranging from $233.06 to $234.01.

6. The sales were executed in multiple trades at prices ranging from $234.08 to $235.00.

7. The sales were executed in multiple trades at prices ranging from $235.18 to $236.10.

8. The sales were executed in multiple trades at prices ranging from $236.31 to $237.25.

9. The sales were executed in multiple trades at prices ranging from $238.60 to $239.43.

10. The sales were executed in multiple trades at prices ranging from $239.62 to $240.53.

11. The sales were executed in multiple trades at prices ranging from $240.72 to $241.50.

12. The sales were executed in multiple trades at prices ranging from $242.03 to $242.99.

13. The sales were executed in multiple trades at prices ranging from $243.11 to $244.03.

14. The sales were executed in multiple trades at prices ranging from $245.29 to $245.69.

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

16. 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	09/10/2025
	** 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 trades did Christopher Slowe report on the Form 4 for RDDT?

The filing reports the exercise of a fully vested option ($1.93 strike) to acquire 12,000 shares and multiple open-market sales totaling 14,000 Class A shares on 09/08/2025.

Were the sales executed under a 10b5-1 plan?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted May 9, 2025.

How did the transactions change Mr. Slowe's holdings?

Direct Class A holdings decreased from 224,534 shares to 210,534 shares after the reported transactions. The Slowe Family Trust holds 20,184 shares indirectly.

What price range did the sales occur in?

Footnotes report executed sales across multiple price ranges between approximately $229.98 and $245.69, with weighted-average prices provided in the form.

Is the exercised option convertible into Class A shares?

The derivative section shows underlying Class B common stock that is convertible one-for-one into Class A common stock at the holder's option, per the form.

[Form 4] Reddit, Inc. Insider Trading Activity