STOCK TITAN

Reddit (RDDT) director-linked partnership reports open-market share purchases

Filing Impact
(Very High)
Filing Sentiment
(Very Positive)
Form Type
4

Rhea-AI Filing Summary

Reddit, Inc. director Sarah E. Farrell reported indirect open‑market purchases of the company’s Class A common stock through Waygrove Partnership LP, a Delaware limited partnership that owns the securities reported. On February 10, 2026, Waygrove bought 10,148 shares at a weighted average price of $148.63 and 33,652 shares at $149.79. On February 11, 2026, it purchased an additional 6,700 shares at $139.27, all reported as indirect interests in a partnership. After these transactions, 50,500 shares were beneficially owned indirectly, and Farrell also reported 7,899 shares held directly. Farrell may be deemed to beneficially own Waygrove’s holdings but expressly disclaims beneficial ownership of those shares.

Positive

  • None.

Negative

  • None.
Insider FARRELL SARAH E
Role Director
Bought 50,500 shs ($7.48M)
Type Security Shares Price Value
Purchase Class A Common Stock 6,700 $139.27 $933K
Purchase Class A Common Stock 10,148 $148.63 $1.51M
Purchase Class A Common Stock 33,652 $149.79 $5.04M
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 50,500 shares (Indirect, Indirect interest in a partnership); Class A Common Stock — 7,899 shares (Direct)
Footnotes (1)
  1. The purchases were executed in multiple trades at prices ranging from $148.13 to $149.06. The price reported reflects the weighted average purchase 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 purchase price within the range set forth in footnotes (1), (3) and (4) to this Form 4. Waygrove Partnership LP, a Delaware limited partnership ("Waygrove"), owns the securities of the Company set forth on this report. Ms. Farrell, by virtue of her affiliation with Waygrove, may be deemed to beneficially own the securities of the Company owned directly by Waygrove. Ms. Farrell disclaims beneficial ownership of the securities owned by Waygrove, and this report shall not be deemed an admission that Ms. Farrell is the beneficial owner of such shares for purposes of Section 16 or for any other purpose. The purchases were executed in multiple trades at prices ranging from $149.22 to $150.00. The sales were executed in multiple trades at prices ranging from $139.11 to $139.50.
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*
FARRELL SARAH E

(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)
02/10/2026
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 02/10/2026 P 10,148 A $148.63(1) 10,148 I(2) Indirect interest in a partnership
Class A Common Stock 02/10/2026 P 33,652 A $149.79(3) 43,800 I(2) Indirect interest in a partnership
Class A Common Stock 02/11/2026 P 6,700 A $139.27(4) 50,500 I(2) Indirect interest in a partnership
Class A Common Stock 7,899 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. The purchases were executed in multiple trades at prices ranging from $148.13 to $149.06. The price reported reflects the weighted average purchase 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 purchase price within the range set forth in footnotes (1), (3) and (4) to this Form 4.
2. Waygrove Partnership LP, a Delaware limited partnership ("Waygrove"), owns the securities of the Company set forth on this report. Ms. Farrell, by virtue of her affiliation with Waygrove, may be deemed to beneficially own the securities of the Company owned directly by Waygrove. Ms. Farrell disclaims beneficial ownership of the securities owned by Waygrove, and this report shall not be deemed an admission that Ms. Farrell is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
3. The purchases were executed in multiple trades at prices ranging from $149.22 to $150.00.
4. The sales were executed in multiple trades at prices ranging from $139.11 to $139.50.
Remarks:
/s/ Julie Rogers, Attorney-in-Fact 02/12/2026
** 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.

FAQ

What insider transaction did Reddit (RDDT) director Sarah E. Farrell report?

Sarah E. Farrell reported indirect open-market purchases of Reddit Class A common stock through Waygrove Partnership LP. Transactions on February 10–11, 2026 increased indirectly held shares to 50,500, while she also reported 7,899 shares held directly in her own name.

How many Reddit (RDDT) shares were bought in the reported Form 4 transactions?

Waygrove Partnership LP purchased 10,148 and 33,652 Reddit Class A shares on February 10, 2026 and 6,700 shares on February 11, 2026. These purchases brought the indirectly beneficially owned balance reported in the filing to a total of 50,500 Class A shares.

At what prices were the Reddit (RDDT) shares purchased in this Form 4?

The Reddit Class A shares were bought at weighted average prices of $148.63, $149.79, and $139.27. Footnotes explain each reflected multiple trades within stated price ranges, and full trade-by-trade details are available upon request from appropriate parties.

Who actually owns the Reddit (RDDT) shares reported by Sarah E. Farrell?

The shares are owned directly by Waygrove Partnership LP, a Delaware limited partnership. Farrell may be deemed to beneficially own Waygrove’s securities due to her affiliation but specifically disclaims beneficial ownership of those shares for Section 16 and other legal purposes.

What is Sarah E. Farrell’s direct ownership in Reddit (RDDT) after these transactions?

After the reported activity, Sarah E. Farrell reported 7,899 Reddit Class A common shares held directly. Separately, 50,500 shares were reported as indirectly beneficially owned through Waygrove Partnership LP, which is distinct from her directly held position in the company.

What do the weighted average prices in Reddit (RDDT) Form 4 footnotes mean?

Weighted average prices represent the average price across multiple trades executed within specified ranges. The Form 4 notes that purchases spanned several individual trades, and the reporting person will provide detailed trade-by-trade pricing information to regulators, the issuer, or shareholders upon request.