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[Form 4] Reddit, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Reddit, Inc. (RDDT) Form 4 filing: Director David C. Habiger reported the acquisition of 395 Class A common shares on 07/05/2025. The shares were acquired at a stated price of $0.00, indicating a board or service-related equity grant rather than an open-market purchase. Following the transaction, Habiger’s direct beneficial ownership increased to 34,554 shares. No derivative securities, sales, or additional transactions were reported, and the filing was signed by attorney-in-fact Julie Rogers on 07/08/2025.

Positive

  • Insider acquisition: Director added 395 shares, increasing alignment with shareholders.
  • No insider sales reported in the period, removing immediate overhang concerns.

Negative

  • None.

Insights

TL;DR – Routine director equity grant; immaterial to valuation, modest alignment signal.

The filing discloses a standard board compensation grant: 395 shares, raising the director’s stake to 34,554 shares. The lack of a cash outlay (price $0) and the small size relative to Reddit’s public float suggest minimal market impact. Nonetheless, equity grants continue to align governance incentives by increasing insider ownership. No red flags—no sales, derivative exercise, or complex structures—appear in the report.

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*
Habiger David C

(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 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/05/2025
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 07/05/2025 A 395 A $0 34,554 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:
Remarks:
/s/ Julie Rogers, Attorney-in-Fact 07/08/2025
** 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

How many Reddit (RDDT) shares did Director David C. Habiger acquire?

He acquired 395 Class A common shares.

What is Habiger’s total RDDT ownership after the transaction?

The director now beneficially owns 34,554 shares directly.

Was there a purchase price for the shares?

The Form 4 lists a price of $0.00, indicating an equity grant rather than a market purchase.

Did the filing report any sales of Reddit stock?

No; the Form 4 only shows an acquisition and no disposals.

Does the filing include any derivative securities activity?

Table II shows no derivative security transactions for this reporting period.
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