Reddit CLO nets RSU grant and sells 5,575 shares

Reddit, Inc.’s Chief Legal Officer, Benjamin Seong Lee, reported a mix of equity awards and sales of Class A common stock.

Rhea-AI Filing Summary

Reddit, Inc.’s Chief Legal Officer, Benjamin Seong Lee, reported a mix of equity awards and sales of Class A common stock. He received 28,809 restricted stock units (RSUs) on February 20, which vest quarterly over one year on May 20, August 20, November 20, and February 20, as long as he remains a service provider.

To cover taxes from this award, 6,533 shares were withheld by Reddit in a tax-withholding disposition, which was not a market sale. On February 23, he sold a total of 5,575 shares in a series of open‑market transactions at prices within ranges from $140.44 to $147.81, conducted under a Rule 10b5‑1 trading plan adopted on September 11, 2025. After these transactions, he directly owned 79,309 shares of Class A common stock.

Insider Trade Summary

Net Seller: 5,575 shares

Net Sell 10 txns

Insider Lee Benjamin Seong

Role Chief Legal Officer

Sold 5,575 shs ($799K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	800	$141.03	$113K
Sale	Class A Common Stock	1,700	$141.94	$241K
Sale	Class A Common Stock	875	$142.73	$125K
Sale	Class A Common Stock	600	$143.90	$86K
Sale	Class A Common Stock	600	$144.79	$87K
Sale	Class A Common Stock	600	$146.23	$88K
Sale	Class A Common Stock	300	$147.38	$44K
Sale	Class A Common Stock	100	$150.03	$15K
Grant/Award	Class A Common Stock	28,809	$0.00	$0.00
Exercise Price or Tax Liability	Class A Common Stock	6,533	$146.13	$955K

Holdings After Transaction: Class A Common Stock — 79,309 shares (Direct)

Footnotes (10)

1. F1. These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock. The RSUs shall vest quarterly over a 1-year period, with 1/4th of the RSUs vesting on each of May 20, August 20, November 20, and February 20, subject to the Reporting Person continuing to be a service provider through each such date.
2. F2. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
3. F3. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2025.
4. F4. The sales were executed in multiple trades at prices ranging from $140.44 to $141.43. 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 (4) to (10) to this Form 4.
5. F5. The sales were executed in multiple trades at prices ranging from $141.49 to $142.46.
6. F6. The sales were executed in multiple trades at prices ranging from $142.49 to $143.25.
7. F7. The sales were executed in multiple trades at prices ranging from $143.54 to $144.34.
8. F8. The sales were executed in multiple trades at prices ranging from $144.54 to $145.16.
9. F9. The sales were executed in multiple trades at prices ranging from $145.84 to $146.68.
10. F10. The sales were executed in multiple trades at prices ranging from $146.99 to $147.81.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Reddit (RDDT) report for Benjamin Seong Lee?

Reddit’s Chief Legal Officer, Benjamin Seong Lee, reported receiving 28,809 restricted stock units and selling 5,575 Class A shares. He also had 6,533 shares withheld to cover taxes related to the equity award, and held 79,309 shares afterward.

How many Reddit (RDDT) shares did the Chief Legal Officer sell and at what prices?

He sold 5,575 Class A common shares in multiple open‑market trades. The reported trades occurred at prices within ranges from $140.44 up to $147.81 per share, as disclosed in the transaction details and accompanying footnotes.

What equity award did Reddit (RDDT) grant to its Chief Legal Officer?

He received 28,809 restricted stock units, each representing one Class A share. These RSUs vest quarterly over one year on May 20, August 20, November 20, and February 20, contingent on his continued service with Reddit through each vesting date.

Were any of the Reddit (RDDT) insider transactions tax-related instead of market sales?

Yes. Reddit withheld 6,533 shares to satisfy Benjamin Seong Lee’s tax withholding obligations from his RSU award. The filing explicitly states this was a tax‑withholding disposition and clarifies it was not a market sale of shares.

Was the Reddit (RDDT) insider stock sale made under a 10b5-1 trading plan?

Yes. The filing notes that the reported sales on February 23 were executed under a Rule 10b5‑1 trading plan. This trading plan was adopted by Benjamin Seong Lee on September 11, 2025, and governs the pre‑arranged sale of shares.

How many Reddit (RDDT) shares does the Chief Legal Officer hold after these transactions?

After the grant, tax withholding, and subsequent open‑market sales, Benjamin Seong Lee directly owned 79,309 shares of Reddit Class A common stock, according to the post‑transaction ownership figures reported in the insider trading disclosure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/24/2026 - 07:27 PM Learn about SEC filing dates

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^*

Lee Benjamin Seong

(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 Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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	02/20/2026		A		28,809(1)	A	$0	91,417	D
Class A Common Stock	02/20/2026		F		6,533(2)	D	$146.13	84,884	D
Class A Common Stock	02/23/2026		S		800(3)	D	$141.03(4)	84,084	D
Class A Common Stock	02/23/2026		S		1,700(3)	D	$141.94(5)	82,384	D
Class A Common Stock	02/23/2026		S		875(3)	D	$142.73(6)	81,509	D
Class A Common Stock	02/23/2026		S		600(3)	D	$143.9(7)	80,909	D
Class A Common Stock	02/23/2026		S		600(3)	D	$144.79(8)	80,309	D
Class A Common Stock	02/23/2026		S		600(3)	D	$146.23(9)	79,709	D
Class A Common Stock	02/23/2026		S		300(3)	D	$147.38(10)	79,409	D
Class A Common Stock	02/23/2026		S		100(3)	D	$150.03	79,309	D

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

Explanation of Responses:

1. These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock. The RSUs shall vest quarterly over a 1-year period, with 1/4th of the RSUs vesting on each of May 20, August 20, November 20, and February 20, subject to the Reporting Person continuing to be a service provider through each such date.

2. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.

3. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2025.

4. The sales were executed in multiple trades at prices ranging from $140.44 to $141.43. 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 (4) to (10) to this Form 4.

5. The sales were executed in multiple trades at prices ranging from $141.49 to $142.46.

6. The sales were executed in multiple trades at prices ranging from $142.49 to $143.25.

7. The sales were executed in multiple trades at prices ranging from $143.54 to $144.34.

8. The sales were executed in multiple trades at prices ranging from $144.54 to $145.16.

9. The sales were executed in multiple trades at prices ranging from $145.84 to $146.68.

10. The sales were executed in multiple trades at prices ranging from $146.99 to $147.81.

Remarks:

	/s/ Julie Rogers, Attorney-in-Fact	02/24/2026
	** 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.