[Form 4] Reddit, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Reddit, Inc. (RDDT) – Form 4 insider filing

Director Steven O. Newhouse reported the acquisition of 160 fully-vested Class A common shares on 07/05/2025. The shares were issued at a price of $0 under Reddit’s Amended and Restated Non-Employee Director Compensation Program and will be settled in stock at a later date in accordance with program rules.

After the grant, Newhouse directly owns 11,071 Class A shares and indirectly controls 16,182 additional shares through Advance Magazine Publishers Inc., bringing total beneficial ownership to 27,253 shares. No sales, option exercises, or derivative transactions were disclosed.

The transaction is a routine equity compensation grant and is immaterial relative to Reddit’s overall share count; therefore, it is unlikely to have a meaningful impact on the company’s valuation or market perception.

Insights

Financial Analyst

TL;DR: Routine 160-share grant; ownership now 27.3 K; negligible market impact.

The filing documents a small, non-cash equity award to Director Steven O. Newhouse. Given Reddit’s post-IPO float, 160 new shares are statistically insignificant and do not alter supply-demand dynamics. The absence of sales suggests no bearish insider sentiment, but the size is too small to be a bullish signal. Overall, investors should view this as standard board compensation rather than a directional indicator.

Corporate Governance Expert

TL;DR: Complies with director comp plan; no governance red flags detected.

The transaction follows Reddit’s disclosed Non-Employee Director Compensation Program, indicating adherence to established governance policies. Newhouse properly discloses indirect holdings via Advance Magazine Publishers, maintaining transparency. There are no indications of preferential pricing, related-party issues, or trading plan abuses. Governance impact is neutral.

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^*

Newhouse Steven O

(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, par value $0.0001 per share	07/05/2025		A		160(1)	A	$0	11,071	D
Class A common stock, par value $0.0001 per share								16,182	I	Indirect interest in a corporation(2)(3)

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.

2. Advance Magazine Publishers Inc., a New York corporation ("AMPI"), owns the securities of the Company set forth on this report. The Reporting Person, by virtue of his affiliations with Advance Publications, Inc., a New York corporation ("API"), and certain holders of equity in API, may be deemed to beneficially own the securities of the Company owned directly by AMPI. API is the indirect parent company of AMPI.

3. The Reporting Person disclaims beneficial ownership of the securities owned by AMPI, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.

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

What did Reddit (RDDT) director Steven O. Newhouse acquire on 07/05/2025?

He received 160 fully-vested Class A common shares under the director compensation program.

How many Reddit shares does Steven O. Newhouse now beneficially own?

He directly holds 11,071 shares and indirectly holds 16,182 shares, totaling 27,253 shares.

Was any cash paid for the shares acquired by the director?

No, the shares were issued at $0 cost as part of equity compensation.

Are the newly acquired shares part of a director compensation program?

Yes, they were granted under the Amended and Restated Non-Employee Director Compensation Program.

Did the filing report any sales or disposals of Reddit shares?

No, the Form 4 lists no sales or derivative disposals by the director.

How many shares does Newhouse hold indirectly through Advance Magazine Publishers Inc.?

He has an indirect interest in 16,182 shares via Advance Magazine Publishers Inc.