Reddit (RDDT) director Steven Newhouse reports small Class A stock grant
Rhea-AI Filing Summary
Reddit, Inc. director Steven O. Newhouse reported receiving 87 shares of Class A common stock on January 5, 2026, recorded as an acquisition at $0 per share under the company’s Amended and Restated Non-Employee Director Compensation Program. This grant increased his direct holdings to 11,246 Class A shares.
The filing also reports 16,182 Class A shares held indirectly through Advance Magazine Publishers Inc., an affiliated corporation. These securities are owned by that entity, and Newhouse expressly disclaims beneficial ownership of the shares held by Advance Magazine Publishers Inc.
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FAQ
What insider transaction did Reddit (RDDT) director Steven O. Newhouse report?
Steven O. Newhouse, a director of Reddit, Inc., reported an acquisition of 87 shares of Reddit’s Class A common stock on January 5, 2026, as disclosed in a Form 4 insider transaction report.
How many Reddit (RDDT) shares did Steven O. Newhouse receive and at what price?
He received 87 shares of Reddit’s Class A common stock at a reported price of $0 per share, consistent with a stock grant under the company’s non-employee director compensation program.
What are Steven O. Newhouse’s direct Reddit (RDDT) share holdings after this transaction?
After the reported grant, Steven O. Newhouse directly beneficially owns 11,246 shares of Reddit’s Class A common stock, as stated in the Form 4.
What indirect Reddit (RDDT) holdings are reported for Steven O. Newhouse?
The report lists 16,182 Class A shares held indirectly as an “Indirect interest in a corporation,” referring to shares owned by Advance Magazine Publishers Inc. related to Reddit, Inc.
Who actually owns the indirectly reported Reddit (RDDT) shares and what is Newhouse’s relationship?
The indirectly reported shares are owned by Advance Magazine Publishers Inc. (AMPI). The filing explains that AMPI owns the securities, and Newhouse may be deemed to beneficially own them due to his affiliations with Advance Publications, Inc. and certain equity holders in that company.
Does Steven O. Newhouse claim beneficial ownership of the Reddit (RDDT) shares held by Advance Magazine Publishers Inc.?
No. The filing states that Newhouse disclaims beneficial ownership of the Reddit securities owned by Advance Magazine Publishers Inc., and it clarifies that the report should not be considered an admission of such ownership.
Under what program were the 87 Reddit (RDDT) shares granted to Steven O. Newhouse?
The 87 shares are described as fully vested and will be settled in Class A common stock on a date selected by Newhouse or as otherwise provided under Reddit’s Amended and Restated Non-Employee Director Compensation Program.