Reddit (NYSE: RDDT) CTO files Form 4 for option exercise and Class A share sales

Q: What insider transaction did Reddit (RDDT) report in this Form 4?

The Form 4 reports that Reddit's Chief Technology Officer exercised a stock option for 12,000 shares of Class B Common Stock at an exercise price of $1.93 per share on 12/08/2025, converted them into 12,000 Class A shares, and sold portions of Class A Common Stock in multiple market transactions that same day.

Q: Was the Reddit CTO’s share sale under a Rule 10b5-1 trading plan?

Yes. The filing states that the sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2025, which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Q: What is the relationship between Reddit’s Class A and Class B Common Stock in this filing?

The filing notes that 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 , which is how the 12,000 Class B shares underlying the option became 12,000 Class A shares.

Q: How were the Reddit CTO’s options described in the Form 4?

The reported derivative security is a stock option (right to buy) with an exercise price of $1.93 per share. The filing indicates that this option is fully vested and currently exercisable, and that 45,464 derivative securities remained beneficially owned after the reported transaction.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Reddit, Inc.'s Chief Technology Officer reported an options exercise and related share sales. On 12/08/2025, the executive exercised a stock option to buy 12,000 shares of Class B Common Stock at an exercise price of $1.93 per share, which were convertible into 12,000 shares of Class A Common Stock on a one-to-one basis. The filing shows these 12,000 Class A shares as acquired at a price of $0, reflecting the option exercise mechanics rather than a market purchase.

That same day, the CTO sold multiple small blocks of Class A Common Stock in open-market transactions under a Rule 10b5-1 trading plan adopted on May 9, 2025. Sale prices were reported as weighted averages, with underlying trades executed in ranges such as $225.97 to $226.96 and up to $236.97 to $237.82. After these transactions, the executive directly owned 173,694 shares of Class A Common Stock, plus 20,184 shares held indirectly through The Slowe Family Trust dated January 26, 2012, and 45,464 stock options on Class B Common Stock.

Insider Trade Summary

Net Seller: 14,000 shares ($3,275,824)

Net Sell 16 txns

Insider Slowe Christopher Brian

Role Chief Technology Officer

Sold 14,000 shs ($3.28M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	12,000	$0.00	--
Exercise	Class B Common Stock	12,000	$0.00	--
Conversion	Class B Common Stock	12,000	$0.00	--
Conversion	Class A Common Stock	12,000	$0.00	--
Sale	Class A Common Stock	200	$226.47	$45K
Sale	Class A Common Stock	300	$227.30	$68K
Sale	Class A Common Stock	300	$228.62	$69K
Sale	Class A Common Stock	600	$230.23	$138K
Sale	Class A Common Stock	2,300	$231.47	$532K
Sale	Class A Common Stock	1,300	$232.25	$302K
Sale	Class A Common Stock	1,300	$233.38	$303K
Sale	Class A Common Stock	1,700	$234.33	$398K
Sale	Class A Common Stock	1,041	$235.27	$245K
Sale	Class A Common Stock	3,170	$236.65	$750K
Sale	Class A Common Stock	1,789	$237.26	$424K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 45,464 shares (Direct); Class B Common Stock — 12,000 shares (Direct); Class A Common Stock — 187,694 shares (Direct); Class A Common Stock — 20,184 shares (Indirect, By The Slowe Family Trust dated January 26, 2012)

Footnotes (1)

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2025. The sales were executed in multiple trades at prices ranging from $225.97 to $226.96. 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 (12) to this Form 4. The sales were executed in multiple trades at prices ranging from $227.19 to $227.35. The sales were executed in multiple trades at prices ranging from $228.52 to $228.71. The sales were executed in multiple trades at prices ranging from $229.69 to $230.67. The sales were executed in multiple trades at prices ranging from $230.84 to $231.81. The sales were executed in multiple trades at prices ranging from $231.87 to $232.69. The sales were executed in multiple trades at prices ranging from $232.88 to $233.84. The sales were executed in multiple trades at prices ranging from $233.89 to $234.87. The sales were executed in multiple trades at prices ranging from $234.91 to $235.55. The sales were executed in multiple trades at prices ranging from $235.97 to $236.95. The sales were executed in multiple trades at prices ranging from $236.97 to $237.82. The stock option is fully vested and currently exercisable. 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.

Form 4 Insider Transactions: What Each Field Means →

12/10/2025 - 07:32 PM

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^*

Slowe Christopher Brian

(Last)

(First)

(Middle)

C/O REDDIT, INC.

303 2ND STREET, SOUTH TOWER, 5TH FLOOR

(Street)

SAN FRANCISCO

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	12/08/2025		C		12,000	A	$0	187,694	D
Class A Common Stock	12/08/2025		S		200⁽¹⁾	D	$226.47⁽²⁾	187,494	D
Class A Common Stock	12/08/2025		S		300⁽¹⁾	D	$227.3⁽³⁾	187,194	D
Class A Common Stock	12/08/2025		S		300⁽¹⁾	D	$228.62⁽⁴⁾	186,894	D
Class A Common Stock	12/08/2025		S		600⁽¹⁾	D	$230.23⁽⁵⁾	186,294	D
Class A Common Stock	12/08/2025		S		2,300⁽¹⁾	D	$231.47⁽⁶⁾	183,994	D
Class A Common Stock	12/08/2025		S		1,300⁽¹⁾	D	$232.25⁽⁷⁾	182,694	D
Class A Common Stock	12/08/2025		S		1,300⁽¹⁾	D	$233.38⁽⁸⁾	181,394	D
Class A Common Stock	12/08/2025		S		1,700⁽¹⁾	D	$234.33⁽⁹⁾	179,694	D
Class A Common Stock	12/08/2025		S		1,041⁽¹⁾	D	$235.27⁽¹⁰⁾	178,653	D
Class A Common Stock	12/08/2025		S		3,170⁽¹⁾	D	$236.65⁽¹¹⁾	175,483	D
Class A Common Stock	12/08/2025		S		1,789⁽¹⁾	D	$237.26⁽¹²⁾	173,694	D
Class A Common Stock								20,184	I	By The Slowe Family Trust dated January 26, 2012

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$1.93	12/08/2025		M			12,000	⁽¹³⁾	02/25/2026	Class B Common Stock	12,000	$0	45,464	D
Class B Common Stock	⁽¹⁴⁾	12/08/2025		M		12,000		⁽¹⁴⁾	⁽¹⁴⁾	Class A Common Stock	12,000	$0	12,000	D
Class B Common Stock	⁽¹⁴⁾	12/08/2025		C			12,000	⁽¹⁴⁾	⁽¹⁴⁾	Class A Common Stock	12,000	$0	0	D

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2025.

2. The sales were executed in multiple trades at prices ranging from $225.97 to $226.96. 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 (12) to this Form 4.

3. The sales were executed in multiple trades at prices ranging from $227.19 to $227.35.

4. The sales were executed in multiple trades at prices ranging from $228.52 to $228.71.

5. The sales were executed in multiple trades at prices ranging from $229.69 to $230.67.

6. The sales were executed in multiple trades at prices ranging from $230.84 to $231.81.

7. The sales were executed in multiple trades at prices ranging from $231.87 to $232.69.

8. The sales were executed in multiple trades at prices ranging from $232.88 to $233.84.

9. The sales were executed in multiple trades at prices ranging from $233.89 to $234.87.

10. The sales were executed in multiple trades at prices ranging from $234.91 to $235.55.

11. The sales were executed in multiple trades at prices ranging from $235.97 to $236.95.

12. The sales were executed in multiple trades at prices ranging from $236.97 to $237.82.

13. The stock option is fully vested and currently exercisable.

14. 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.

Remarks:

	/s/ Julie Rogers, Attorney-in-Fact	12/10/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Reddit (RDDT) report in this Form 4?

The Form 4 reports that Reddit's Chief Technology Officer exercised a stock option for 12,000 shares of Class B Common Stock at an exercise price of $1.93 per share on 12/08/2025, converted them into 12,000 Class A shares, and sold portions of Class A Common Stock in multiple market transactions that same day.

How many Reddit (RDDT) shares does the CTO own after these transactions?

Following the reported transactions, the CTO beneficially owned 173,694 shares of Class A Common Stock directly, 20,184 shares of Class A Common Stock indirectly through The Slowe Family Trust dated January 26, 2012, and 45,464 stock options on Class B Common Stock.

At what prices were Reddit (RDDT) shares sold in the CTO's Form 4 filing?

The sales were executed in multiple trades, with weighted average prices such as $226.47, $227.3, $228.62, and up to $237.26. Footnotes explain that underlying trades occurred in narrower ranges, for example from $225.97 to $226.96 and from $236.97 to $237.82.

What is the relationship between Reddit’s Class A and Class B Common Stock in this filing?

The filing notes that 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, which is how the 12,000 Class B shares underlying the option became 12,000 Class A shares.

How were the Reddit CTO’s options described in the Form 4?

The reported derivative security is a stock option (right to buy) with an exercise price of $1.93 per share. The filing indicates that this option is fully vested and currently exercisable, and that 45,464 derivative securities remained beneficially owned after the reported transaction.