[Form 4] Reddit, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Patricia Filikrushel, a Director of Reddit, Inc. (RDDT), reported a non‑derivative acquisition dated 10/05/2025. The filing shows acquisition code A for 94 shares of Class A Common Stock at a price of $0, and after the transaction she beneficially owns 29,706 shares. The explanatory note states these shares are fully vested and will be settled in Class A common stock either on a date the reporting person selects under the company's Amended and Restated Non‑Employee Director Compensation Program or as otherwise provided by the Program. The Form 4 was signed on 10/07/2025 by an attorney‑in‑fact.

Positive

• Disclosure transparency: the Form 4 clearly states transaction date, amount, and that shares are fully vested
• No cash consideration required for these 94 settled shares, indicating compensation settlement rather than market purchase

Negative

• Minimal investor impact: the transaction size (94 shares) is small and unlikely to affect shareholder value
• Timing unspecified: settlement date is dependent on the Program and the director's election, creating uncertainty about when the shares will be delivered

Insights

Equity Compensation Specialist

Small vested grant settled under director compensation program.

The filing records a non‑cash acquisition of 94 Class A shares at $0, reflecting settlement of equity previously granted under the non‑employee director plan. Such settlements typically represent routine compensation rather than market purchases.

Primary dependencies are the Program's settlement timing and the director's election to defer or select a settlement date; watch for any additional filings if settlement timing or method is specified in a future Form 4.

Corporate Governance Analyst

Transaction signals routine director compensation with no immediate dilution impact.

The reported increase to 29,706 beneficial shares is modest relative to a public company’s outstanding capital and arises from vested compensation rather than new issuances at cash price. The explicit note that shares are fully vested clarifies this is a vesting/settlement event under the director compensation program.

Risks are limited; monitor subsequent Forms for additional director settlements or disclosures that change ownership percentages during upcoming reporting periods.

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^*

FILIKRUSHEL PATRICIA

(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)
10/05/2025

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	10/05/2025		A		94(1)	A	$0	29,706	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 shares are fully vested and will be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the Reporting Person pursuant to the Issuer's Amended and Restated Non-Employee Director Compensation Program (the "Program"), or (ii) as otherwise provided by the Program.

Remarks:

	/s/ Julie Rogers, Attorney-in-Fact	10/07/2025
	** 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

What did Patricia Filikrushel (RDDT) report on Form 4?

She reported acquisition of 94 Class A shares at $0 on 10/05/2025, increasing her beneficial ownership to 29,706 shares.

Was the transaction a purchase or compensation for RDDT?

The filing and explanatory note indicate the shares were fully vested and will be settled under the company's Non‑Employee Director Compensation Program, i.e., compensation settlement, not a market purchase.

Does this Form 4 indicate any immediate dilution for RDDT shareholders?

No material immediate dilution is indicated; the 94 shares are small relative to a public float and arise from director compensation.

When will the settled shares be issued to the director?

The filing states settlement will occur either on a date selected by the reporting person under the Program or as otherwise provided by the Program; no specific settlement date is disclosed.

Who signed the Form 4 and when?

The Form 4 was signed by Julie Rogers, Attorney‑in‑Fact on 10/07/2025.