Reddit CEO trust converts shares, withholds for taxes

Reddit, Inc. reported insider equity activity involving CEO & President Steve Huffman’s indirect holdings through The XYZ Revocable Trust.

Rhea-AI Filing Summary

Reddit, Inc. reported insider equity activity involving CEO & President Steve Huffman’s indirect holdings through The XYZ Revocable Trust. On February 20, 2026, the trust converted 2,955 shares of Class B Common Stock into the same number of Class A shares at a stated price of $0.00 per share, reflecting a non-cash derivative conversion. After this, the trust held 3,578,201 Class B shares and 451,531 Class A shares.

On the same date, 40,336 Class A shares were disposed of at $146.13 per share to satisfy tax withholding obligations related to equity, described as not being a market sale. Following this tax-withholding disposition, the trust’s Class A holdings were 411,195 shares.

Insider Trade Summary

2,955 shares exercised/converted

Exercise 3 txns

Insider Huffman Steve Ladd

Role CEO & President

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock	2,955	$0.00	$0.00
Conversion	Class A Common Stock	2,955	$0.00	$0.00
Exercise Price or Tax Liability	Class A Common Stock	40,336	$146.13	$5.89M

Holdings After Transaction: Class B Common Stock — 3,578,201 contracts (Indirect, By The XYZ Revocable Trust); Class A Common Stock — 411,195 shares (Indirect, By The XYZ Revocable Trust)

Footnotes (2)

1. F1. 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. F2. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.

FAQ

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

What insider transactions did Reddit (RDDT) report for Steve Huffman on this Form 4?

Reddit reported indirect transactions for Steve Huffman via The XYZ Revocable Trust. The trust converted 2,955 Class B shares into Class A, then disposed of 40,336 Class A shares to cover tax withholding obligations, a non-market transaction related to equity compensation.

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

The filing shows 2,955 shares of Class B Common Stock converted into 2,955 shares of Class A Common Stock. The conversion occurred at the option of the holder on a one-to-one basis, reflecting a derivative security conversion rather than an open-market purchase.

Were any of Steve Huffman’s Reddit (RDDT) shares sold on the market in this Form 4?

The filing states that 40,336 Class A shares were withheld to satisfy tax obligations and notes this was not a market sale. These shares were used to pay exercise price or tax liability rather than representing discretionary open-market selling activity.

What were Steve Huffman’s indirect Reddit (RDDT) holdings after these Form 4 transactions?

After the reported transactions, The XYZ Revocable Trust held 3,578,201 shares of Class B Common Stock and 411,195 shares of Class A Common Stock. These positions reflect the completed conversion of 2,955 Class B shares and the 40,336-share tax-withholding disposition.

How does the Form 4 describe the nature of Steve Huffman’s Reddit (RDDT) ownership?

The transactions are reported as indirect, with ownership noted as “By The XYZ Revocable Trust.” This means the shares are held through a revocable trust associated with Steve Huffman, rather than being held directly in his personal name on the company’s share register.

What transaction codes appear in Steve Huffman’s Reddit (RDDT) Form 4 and what do they mean?

The Form 4 uses code C for a conversion of derivative security and code F for payment of exercise price or tax liability by delivering securities. Both actions involve existing equity positions, not new open-market buying or selling activity by the reporting person.

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

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Accepted by SEC EDGAR 02/24/2026 - 07:25 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).

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)
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		C		2,955	A	$0	451,531	I	By The XYZ Revocable Trust
Class A Common Stock	02/20/2026		F		40,336(2)	D	$146.13	411,195	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)	02/20/2026		C			2,955	(1)	(1)	Class A Common Stock	2,955	$0(1)	3,578,201	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	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.