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Reddit CEO Huffman's trust sells 17,308 shares

The CEO's reported Class A share acquisition and sales were effected pursuant to a Rule 10b5-1 plan adopted May 20, 2026.

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Form Type
4

Rhea-AI Filing Summary

Reddit, Inc. (RDDT) CEO & President Steve Ladd Huffman reported that The XYZ Revocable Trust exercised options for 17,308 Class A shares at $25.29 per share on October 13, 2026, and sold 17,308 Class A shares in nine sale entries at reported prices ranging from $155.33 to $163.72 per share.

The Class A share acquisition and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Huffman on May 20, 2026. The trust's reported post-exercise option position was 993,331. Separate reported indirect holdings were 68,966 shares in EVS Trust and 6,897 shares each in JDI Trust and MLH Trust; a related footnote says these securities are held by a grantor retained annuity trust of which Huffman is sole trustee and beneficiary.

Insider Huffman Steve Ladd
Role CEO & President
Sold 17,308 shs ($2.74M)
Approx. gross sale proceeds $2.74M
Approx. exercise cost $438K
Approx. pre-tax spread $2.31M
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) F12 17,308 $0.00 $0.00
Exercise Class A Common Stock F1 17,308 $25.29 $438K
Sale Class A Common Stock F1, F2 3,408 $155.33 $529K
Sale Class A Common Stock F1, F3 1,300 $156.47 $203K
Sale Class A Common Stock F1, F4 4,200 $157.61 $662K
Sale Class A Common Stock F1, F5 2,500 $158.84 $397K
Sale Class A Common Stock F1, F6 1,200 $159.76 $192K
Sale Class A Common Stock F1, F7 1,800 $160.95 $290K
Sale Class A Common Stock F1, F8 1,700 $161.98 $275K
Sale Class A Common Stock F1, F9 700 $162.80 $114K
Sale Class A Common Stock F1, F10 500 $163.72 $82K
holding Class A Common Stock F11 -- -- --
holding Class A Common Stock F11 -- -- --
holding Class A Common Stock F11 -- -- --
Holdings After Transaction: Stock Option (Right to Buy) — 993,331 contracts (Indirect, By The XYZ Revocable Trust); Class A Common Stock — 336,432 shares (Indirect, By The XYZ Revocable Trust); Class A Common Stock — 68,966 shares (Indirect, EVS Trust - I); Class A Common Stock — 6,897 shares (Indirect, JDI Trust - I); Class A Common Stock — 6,897 shares (Indirect, MLH Trust - I)
Footnotes (12)
  1. F1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 20, 2026.
  2. F2. The sales were executed in multiple trades at prices ranging from $155.06 to $155.99. 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 10 to this Form 4.
  3. F3. The sales were executed in multiple trades at prices ranging from $156.07 to $156.95.
  4. F4. The sales were executed in multiple trades at prices ranging from $157.10 to $158.03.
  5. F5. The sales were executed in multiple trades at prices ranging from $158.37 to $159.34.
  6. F6. The sales were executed in multiple trades at prices ranging from $159.42 to $160.16.
  7. F7. The sales were executed in multiple trades at prices ranging from $160.44 to $161.35.
  8. F8. The sales were executed in multiple trades at prices ranging from $161.47 to $162.43.
  9. F9. The sales were executed in multiple trades at prices ranging from $162.47 to $163.18.
  10. F10. The sales were executed in multiple trades at prices ranging from $163.47 to $164.04.
  11. F11. The securities are directly held by a grantor retained annuity trust, of which the Reporting Person is sole trustee and beneficiary.
  12. F12. The option vests over five years on each quarterly anniversary of December 25, 2023, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.
Options exercised 17,308 shares Class A shares underlying options exercised on October 13, 2026
Exercise price $25.29 per share Options exercised on October 13, 2026
Class A shares sold 17,308 shares Across nine sale entries on October 13, 2026
Reported sale prices $155.33–$163.72 per share Prices reported across the sale entries on October 13, 2026
Post-exercise option position 993,331 options Reported following the October 13, 2026 exercise
EVS Trust indirect holding 68,966 shares Reported on October 13, 2026
JDI Trust indirect holding 6,897 shares Reported on October 13, 2026
MLH Trust indirect holding 6,897 shares Reported on October 13, 2026
Rule 10b5-1 trading plan regulatory
"pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported reflects the weighted average sale price."
grantor retained annuity trust financial
"directly held by a grantor retained annuity trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.

FAQ

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

How many RDDT shares did The XYZ Revocable Trust sell?

The XYZ Revocable Trust reported sales of 17,308 Class A shares on October 13, 2026, across nine sale entries, with reported prices ranging from $155.33 to $163.72 per share. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Steve Ladd Huffman on May 20, 2026.

How many Reddit options did Steve Ladd Huffman exercise?

The XYZ Revocable Trust reported an exercise for 17,308 Class A shares at a $25.29 exercise price on October 13, 2026. The reported post-exercise option position was 993,331.

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

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Huffman Steve Ladd

(Last)(First)(Middle)
C/O REDDIT, INC.
303 2ND STREET, SOUTH TOWER, 5TH FLOOR

(Street)
SAN FRANCISCO CALIFORNIA 94107

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Reddit, Inc. [ RDDT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CEO & President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock10/13/2026M(1)17,308A$25.29353,740IBy The XYZ Revocable Trust
Class A Common Stock10/13/2026S(1)3,408D$155.33(2)350,332IBy The XYZ Revocable Trust
Class A Common Stock10/13/2026S(1)1,300D$156.47(3)349,032IBy The XYZ Revocable Trust
Class A Common Stock10/13/2026S(1)4,200D$157.61(4)344,832IBy The XYZ Revocable Trust
Class A Common Stock10/13/2026S(1)2,500D$158.84(5)342,332IBy The XYZ Revocable Trust
Class A Common Stock10/13/2026S(1)1,200D$159.76(6)341,132IBy The XYZ Revocable Trust
Class A Common Stock10/13/2026S(1)1,800D$160.95(7)339,332IBy The XYZ Revocable Trust
Class A Common Stock10/13/2026S(1)1,700D$161.98(8)337,632IBy The XYZ Revocable Trust
Class A Common Stock10/13/2026S(1)700D$162.8(9)336,932IBy The XYZ Revocable Trust
Class A Common Stock10/13/2026S(1)500D$163.72(10)336,432IBy The XYZ Revocable Trust
Class A Common Stock68,966IEVS Trust - I(11)
Class A Common Stock6,897IJDI Trust - I(11)
Class A Common Stock6,897IMLH Trust - I(11)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$25.2910/13/2026M17,308 (12)12/25/2033Class A Common Stock17,308$0993,331IBy The XYZ Revocable Trust
Explanation of Responses:
1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 20, 2026.
2. The sales were executed in multiple trades at prices ranging from $155.06 to $155.99. 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 10 to this Form 4.
3. The sales were executed in multiple trades at prices ranging from $156.07 to $156.95.
4. The sales were executed in multiple trades at prices ranging from $157.10 to $158.03.
5. The sales were executed in multiple trades at prices ranging from $158.37 to $159.34.
6. The sales were executed in multiple trades at prices ranging from $159.42 to $160.16.
7. The sales were executed in multiple trades at prices ranging from $160.44 to $161.35.
8. The sales were executed in multiple trades at prices ranging from $161.47 to $162.43.
9. The sales were executed in multiple trades at prices ranging from $162.47 to $163.18.
10. The sales were executed in multiple trades at prices ranging from $163.47 to $164.04.
11. The securities are directly held by a grantor retained annuity trust, of which the Reporting Person is sole trustee and beneficiary.
12. The option vests over five years on each quarterly anniversary of December 25, 2023, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.
Remarks:
/s/ Julie Rogers, Attorney-in-Fact10/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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