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Reddit (RDDT) COO sells 75K shares under 10b5-1 plan on Aug. 14

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Reddit, Inc. (RDDT) reported that Chief Operating Officer Jennifer L. Wong exercised stock options and sold shares of Class A Common Stock on August 14, 2026 under a Rule 10b5-1 trading plan. She exercised options for 75,000 shares (60,000 at a $5.35 exercise price and 15,000 at a $25.29 exercise price) and sold 75,000 shares in multiple trades at weighted-average prices generally between the mid-$170s and low-$180s per share. Following these transactions, she also reports 36,000 shares held indirectly through the MorMa Trust dated June 22, 2021.

Positive

  • None.

Negative

  • None.
Insider Wong Jennifer L.
Role Chief Operating Officer
Sold 75,000 shs ($13.39M)
Approx. gross sale proceeds $13.39M
Approx. exercise cost $700K
Approx. pre-tax spread $12.69M
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) F12 60,000 $0.00 $0.00
Exercise Stock Option (Right to Buy) F13 15,000 $0.00 $0.00
Exercise Class A Common Stock F1 60,000 $5.35 $321K
Exercise Class A Common Stock F1 15,000 $25.29 $379K
Sale Class A Common Stock F1, F2 2,796 $174.82 $489K
Sale Class A Common Stock F1, F3 5,324 $175.70 $935K
Sale Class A Common Stock F1, F4 11,380 $176.73 $2.01M
Sale Class A Common Stock F1, F5 14,000 $177.91 $2.49M
Sale Class A Common Stock F1, F6 12,570 $178.71 $2.25M
Sale Class A Common Stock F1, F7 21,930 $180.00 $3.95M
Sale Class A Common Stock F1, F8 3,200 $180.71 $578K
Sale Class A Common Stock F1, F9 2,400 $181.88 $437K
Sale Class A Common Stock F1, F10 1,000 $182.70 $183K
Sale Class A Common Stock F1, F11 400 $183.95 $74K
holding Class A Common Stock -- -- --
Holdings After Transaction: Stock Option (Right to Buy) — 1,459,527 shares (Direct); Class A Common Stock — 1,050,339 shares (Direct); Class A Common Stock — 36,000 shares (Indirect, By MorMa Trust dated June 22, 2021)
Footnotes (13)
  1. F1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2026.
  2. F2. The sales were executed in multiple trades at prices ranging from $174.25 to $175.24. 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 11 to this Form 4.
  3. F3. The sales were executed in multiple trades at prices ranging from $175.25 to $176.24.
  4. F4. The sales were executed in multiple trades at prices ranging from $176.25 to $177.23.
  5. F5. The sales were executed in multiple trades at prices ranging from $177.25 to $178.24.
  6. F6. The sales were executed in multiple trades at prices ranging from $178.34 to $179.31.
  7. F7. The sales were executed in multiple trades at prices ranging from $179.37 to $180.36.
  8. F8. The sales were executed in multiple trades at prices ranging from $180.37 to $181.30.
  9. F9. The sales were executed in multiple trades at prices ranging from $181.37 to $182.35.
  10. F10. The sales were executed in multiple trades at prices ranging from $182.44 to $182.90.
  11. F11. The sales were executed in multiple trades at prices ranging from $183.52 to $184.27.
  12. F12. The stock option is fully vested and currently exercisable.
  13. F13. The option vests over five years on each quarterly anniversary of December 25, 2023.
Options exercised (total shares) 75,000 shares Stock options for Class A Common Stock exercised on August 14, 2026
Shares sold 75,000 shares Class A Common Stock sold in multiple trades on August 14, 2026
Exercise price (first option) $5.35 per share 60,000-share Stock Option (Right to Buy) for Class A Common Stock
Exercise price (second option) $25.29 per share 15,000-share Stock Option (Right to Buy) for Class A Common Stock
Reported sale price example $174.82 per share Weighted average sale price for a 2,796-share block of Class A Common Stock
Lowest disclosed sale-range price $174.25 per share Lower end of price range in one set of sales described in footnote 2
Highest disclosed sale-range price $184.27 per share Upper end of price range in one set of sales described in footnote 11
Indirectly held shares after transactions 36,000 shares Class A Common Stock held indirectly by MorMa Trust dated June 22, 2021
Rule 10b5-1 trading plan regulatory
"transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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.
Stock Option (Right to Buy financial
"security_title: Stock Option (Right to Buy)"
weighted average sale price financial
"The price reported reflects the weighted average sale price."
Class A Common Stock financial
"underlying_security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect financial
"ownership_type: indirect, nature_of_ownership: By MorMa Trust"

FAQ

What transactions did Reddit (RDDT) COO Jennifer L. Wong report on this Form 4?
Jennifer L. Wong reported exercising stock options for 75,000 shares of Reddit Class A Common Stock and selling 75,000 shares on August 14, 2026 in multiple open-market transactions.

How many Reddit (RDDT) shares did Jennifer L. Wong sell and at what prices?
She sold 75,000 shares of Reddit Class A Common Stock in multiple trades at weighted-average prices generally between about $174 and $184 per share, with specific price ranges detailed across footnotes 2 through 11.

What stock options did Jennifer L. Wong exercise in Reddit (RDDT)?
She exercised options covering 60,000 shares at an exercise price of $5.35 per share and 15,000 shares at an exercise price of $25.29 per share, receiving an equal number of Class A Common shares.

Were Jennifer L. Wong’s Reddit (RDDT) trades made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by Jennifer L. Wong on May 12, 2026, indicating they followed a pre-established trading arrangement.

Does Jennifer L. Wong still hold Reddit (RDDT) shares after these transactions?
Yes. The filing shows 36,000 shares of Reddit Class A Common Stock held indirectly by the MorMa Trust dated June 22, 2021, in addition to any holdings not detailed in this specific report.

What is the vesting status of the Reddit (RDDT) options involved in this Form 4?
One option for 60,000 shares at a $5.35 exercise price is described as fully vested and currently exercisable. Another option at $25.29 vests over five years on each quarterly anniversary of December 25, 2023.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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).
X
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*
Wong Jennifer L.
(Last)(First)(Middle)
C/O REDDIT, INC.
303 2ND STREET, SOUTH TOWER, 5TH FLOOR
(Street)
SAN FRANCISCO CALIFORNIA 94107
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Reddit, Inc. [ RDDT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/14/2026M(1)60,000A$5.351,110,339D
Class A Common Stock08/14/2026M(1)15,000A$25.291,125,339D
Class A Common Stock08/14/2026S(1)2,796D$174.82(2)1,122,543D
Class A Common Stock08/14/2026S(1)5,324D$175.7(3)1,117,219D
Class A Common Stock08/14/2026S(1)11,380D$176.73(4)1,105,839D
Class A Common Stock08/14/2026S(1)14,000D$177.91(5)1,091,839D
Class A Common Stock08/14/2026S(1)12,570D$178.71(6)1,079,269D
Class A Common Stock08/14/2026S(1)21,930D$180(7)1,057,339D
Class A Common Stock08/14/2026S(1)3,200D$180.71(8)1,054,139D
Class A Common Stock08/14/2026S(1)2,400D$181.88(9)1,051,739D
Class A Common Stock08/14/2026S(1)1,000D$182.7(10)1,050,739D
Class A Common Stock08/14/2026S(1)400D$183.95(11)1,050,339D
Class A Common Stock36,000IBy MorMa Trust dated June 22, 2021
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$5.3508/14/2026M60,000 (12)06/12/2028Class A Common Stock60,000$016,453D
Stock Option (Right to Buy)$25.2908/14/2026M15,000 (13)12/25/2033Class A Common Stock15,000$01,443,074D
Explanation of Responses:
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 12, 2026.
2. The sales were executed in multiple trades at prices ranging from $174.25 to $175.24. 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 11 to this Form 4.
3. The sales were executed in multiple trades at prices ranging from $175.25 to $176.24.
4. The sales were executed in multiple trades at prices ranging from $176.25 to $177.23.
5. The sales were executed in multiple trades at prices ranging from $177.25 to $178.24.
6. The sales were executed in multiple trades at prices ranging from $178.34 to $179.31.
7. The sales were executed in multiple trades at prices ranging from $179.37 to $180.36.
8. The sales were executed in multiple trades at prices ranging from $180.37 to $181.30.
9. The sales were executed in multiple trades at prices ranging from $181.37 to $182.35.
10. The sales were executed in multiple trades at prices ranging from $182.44 to $182.90.
11. The sales were executed in multiple trades at prices ranging from $183.52 to $184.27.
12. The stock option is fully vested and currently exercisable.
13. The option vests over five years on each quarterly anniversary of December 25, 2023.
Remarks:
/s/ Julie Rogers, Attorney-in-Fact08/18/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR