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[Form 4] Reddit, Inc. Insider Trading Activity

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

Rhea-AI Filing Summary

Christopher B. Slowe, Reddit, Inc. Chief Technology Officer, reported a series of transactions on 09/22/2025. He received 12,000 shares via exercise of fully vested options at a $1.93 exercise price and simultaneously sold several tranches of Class A common stock under a Rule 10b5-1 trading plan adopted May 9, 2025. The aggregated reported sales reduced his direct holdings from 222,534 to 208,534 Class A shares. The filing also shows 20,184 shares held indirectly by The Slowe Family Trust dated January 26, 2012. Sales were executed across multiple trades at weighted average prices reported in footnotes ranging from about $253.61 to $260.91.

Positive

  • Sales executed under an established Rule 10b5-1 plan, indicating pre-planned transactions
  • Detailed execution disclosure with weighted average prices and trade price ranges in footnotes
  • Continued substantial ownership—208,534 Class A shares directly and 20,184 shares indirectly via family trust

Negative

  • Material volume sold: direct holdings declined from 222,534 to 208,534 Class A shares
  • Significant proceeds realized from multiple tranche sales at mid-$250s per share (weighted averages reported)

Insights

TL;DR: Insider exercised options and sold a material block of shares under a pre-established 10b5-1 plan, leaving significant remaining holdings.

The reporting person exercised 12,000 stock options with a nominal $1.93 strike and immediately sold multiple tranches of Class A stock under a Rule 10b5-1 plan adopted May 9, 2025. The sales reduced direct Class A ownership to 208,534 shares while 20,184 shares remain indirectly held by a family trust. The filing documents weighted average sale prices and multi-trade execution ranges for transparency. This is a routine, pre-planned liquidity event rather than an ad hoc disposition according to the filing.

TL;DR: Transactions appear procedurally compliant; disclosure provides execution price ranges and a 10b5-1 plan reference.

The Form 4 discloses exercise of fully vested options and subsequent sales effected pursuant to a 10b5-1 trading plan adopted May 9, 2025. The filer includes footnotes specifying price ranges for multiple trade executions and offers to provide detailed sale-by-sale information to regulators or security holders. Indirect holdings via The Slowe Family Trust are clearly identified. The filing is detailed and consistent with required Section 16 reporting.

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).
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)
09/22/2025
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 09/22/2025 C 12,000 A $0 222,534 D
Class A Common Stock 09/22/2025 S 785(1) D $254.05(2) 221,749 D
Class A Common Stock 09/22/2025 S 1,215(1) D $255.04(3) 220,534 D
Class A Common Stock 09/22/2025 S 1,866(1) D $256.16(4) 218,668 D
Class A Common Stock 09/22/2025 S 5,334(1) D $257.17(5) 213,334 D
Class A Common Stock 09/22/2025 S 1,800(1) D $258.22(6) 211,534 D
Class A Common Stock 09/22/2025 S 2,600(1) D $259.12(7) 208,934 D
Class A Common Stock 09/22/2025 S 300(1) D $260.77(8) 208,634 D
Class A Common Stock 09/22/2025 S 100(1) D $261.54 208,534 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 09/22/2025 M 12,000 (9) 02/25/2026 Class B Common Stock 12,000 $0 105,464 D
Class B Common Stock (10) 09/22/2025 M 12,000 (10) (10) Class A Common Stock 12,000 $0 12,000 D
Class B Common Stock (10) 09/22/2025 C 12,000 (10) (10) 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 $253.61 to $254.60. 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 (8) to this Form 4.
3. The sales were executed in multiple trades at prices ranging from $254.61 to $255.40.
4. The sales were executed in multiple trades at prices ranging from $255.61 to $256.56.
5. The sales were executed in multiple trades at prices ranging from $256.62 to $257.56.
6. The sales were executed in multiple trades at prices ranging from $257.67 to $258.65.
7. The sales were executed in multiple trades at prices ranging from $258.68 to $259.62.
8. The sales were executed in multiple trades at prices ranging from $260.51 to $260.91.
9. The stock option is fully vested and currently exercisable.
10. 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 09/24/2025
** 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.

FAQ

What did Christopher B. Slowe report on Form 4 for RDDT?

He exercised 12,000 stock options at $1.93 and sold multiple tranches of Class A common stock on 09/22/2025 under a 10b5-1 plan.

How many Class A shares does Slowe directly own after these transactions?

He directly owns 208,534 Class A shares following the reported sales.

Were the sales pre-planned or ad hoc?

The sales were effected pursuant to a Rule 10b5-1 trading plan adopted May 9, 2025, per the filing.

Does Slowe have any indirect holdings disclosed?

Yes. The Form 4 shows 20,184 shares held indirectly by The Slowe Family Trust dated January 26, 2012.

What price ranges were the shares sold at?

Footnotes report multi-trade execution ranges with weighted average sale prices in the mid-$250s; specific ranges run approximately $253.61 to $260.91 per share.
REDDIT INC

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39.33B
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Internet Content & Information
Services-computer Processing & Data Preparation
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United States
SAN FRANCISCO