Reddit, Inc. (NYSE: RDDT) CEO trades 18,000 shares and retains 1,099,255 options
Rhea-AI Filing Summary
Reddit, Inc. CEO & President Steve Huffman, reporting through The XYZ Revocable Trust, exercised stock options for 18,000 Class A shares at $25.29 per share on July 15, 2026 and sold 18,000 shares in 12 trades at prices from $190.68 to $205.69, pursuant to a Rule 10b5-1 trading plan adopted on May 19, 2025. Following these transactions, the trust held 391,814 Class A shares and 1,099,255 stock options indirectly for Huffman.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 18,000 shares ($3,561,471)
Net Sell
17 txns
Insider
Huffman Steve Ladd
Role
CEO & President
Sold
18,000 shs ($3.56M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 18,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 18,000 | $25.29 | $455K |
| Sale | Class A Common Stock | 100 | $190.68 | $19K |
| Sale | Class A Common Stock | 300 | $192.18 | $58K |
| Sale | Class A Common Stock | 600 | $194.19 | $117K |
| Sale | Class A Common Stock | 2,600 | $195.34 | $508K |
| Sale | Class A Common Stock | 2,490 | $196.46 | $489K |
| Sale | Class A Common Stock | 1,981 | $197.58 | $391K |
| Sale | Class A Common Stock | 5,046 | $198.27 | $1.00M |
| Sale | Class A Common Stock | 1,883 | $199.44 | $376K |
| Sale | Class A Common Stock | 1,600 | $200.47 | $321K |
| Sale | Class A Common Stock | 900 | $201.31 | $181K |
| Sale | Class A Common Stock | 300 | $202.25 | $61K |
| Sale | Class A Common Stock | 200 | $205.69 | $41K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,099,255 shares (Indirect, By The XYZ Revocable Trust);
Class A Common Stock — 391,814 shares (Indirect, By The XYZ Revocable Trust)
Footnotes (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 19, 2025. The sale was executed in a single trade at a price of $190.68. The sales were executed in multiple trades at prices ranging from $191.94 to $192.42. 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 3 to 12 to this Form 4. The sales were executed in multiple trades at prices ranging from $193.79 to $194.65. The sales were executed in multiple trades at prices ranging from $194.84 to $195.78. The sales were executed in multiple trades at prices ranging from $195.96 to $196.95. The sales were executed in multiple trades at prices ranging from $196.98 to $197.96. The sales were executed in multiple trades at prices ranging from $197.99 to $198.97. The sales were executed in multiple trades at prices ranging from $199.00 to $199.98. The sales were executed in multiple trades at prices ranging from $200.05 to $200.99. The sales were executed in multiple trades at prices ranging from $201.06 to $201.65. The sales were executed in multiple trades at prices ranging from $202.23 to $202.27. The sale was executed in a single trade at a price of $205.69. The securities are directly held by a grantor retained annuity trust, of which the Reporting Person is sole trustee and beneficiary. 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.
Key Figures
Shares sold: 18,000 shares of Class A Common Stock
Sale price range: $190.68–$205.69 per share
Options exercised: 18,000 options at $25.29 per share
+5 more
8 metrics
Shares sold
18,000 shares of Class A Common Stock
Aggregate across 12 sale transactions on July 15, 2026 by The XYZ Revocable Trust
Sale price range
$190.68–$205.69 per share
Lowest and highest per-share sale prices disclosed in footnotes F2 and F13
Options exercised
18,000 options at $25.29 per share
Stock Option (Right to Buy) for Reddit Class A Common Stock exercised on July 15, 2026
Shares held after transactions
391,814 Class A shares
Indirectly held by The XYZ Revocable Trust following the reported transactions
Options remaining after exercise
1,099,255 stock options
Stock Option (Right to Buy) position remaining after exercising 18,000 options
JDI Trust holdings
6,897 Class A shares
Indirect holdings in a grantor retained annuity trust for Steve Huffman
MLH Trust holdings
6,897 Class A shares
Indirect holdings in a second grantor retained annuity trust for Steve Huffman
EVS Trust holdings
68,966 Class A shares
Indirect holdings in a third grantor retained annuity trust for Steve Huffman
Key Terms
Rule 10b5-1 trading plan, grantor retained annuity trust, weighted average sale price, Stock Option (Right to Buy), +1 more
5 terms
Rule 10b5-1 trading plan financial
"transactions were effected pursuant to a Rule 10b5-1 trading plan adopted"
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.
grantor retained annuity trust financial
"securities are 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.
weighted average sale price financial
"price reported reflects the weighted average sale price"
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
indirect ownership financial
"ownership_type is indirect and nature_of_ownership references trusts"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Reddit (RDDT) CEO Steve Huffman report in this Form 4?
Steve Huffman reported that a trust exercised 18,000 Reddit Class A stock options at $25.29 per share and sold 18,000 Class A shares on July 15, 2026, with all transactions executed under a pre-arranged Rule 10b5-1 trading plan.
What stock options did Steve Huffman exercise in this Reddit (RDDT) filing?
The filing shows exercise of a Stock Option (Right to Buy) covering 18,000 Reddit Class A shares at an exercise price of $25.29 per share. The option expires on December 25, 2033 and vests quarterly over five years from December 25, 2023.
How many Reddit (RDDT) options remain after Steve Huffman’s exercise?
Following the exercise of 18,000 options, the Stock Option (Right to Buy) position shows 1,099,255 options remaining indirectly held by The XYZ Revocable Trust. These options relate to Reddit Class A Common Stock and share the same $25.29 exercise price and 2033 expiration.