Reddit COO sells 39,167 shares after option exercise

Reddit, Inc. Chief Operating Officer Jennifer L. Wong exercised stock options and sold shares of Class A Common Stock.

Rhea-AI Filing Summary

Reddit, Inc. Chief Operating Officer Jennifer L. Wong exercised stock options and sold shares of Class A Common Stock. She exercised 39,167 stock options at an exercise price of $5.35 per share, receiving an equal number of Class A shares. On the same date, she sold 39,167 Class A shares in multiple open-market transactions at prices ranging from $154.18 to $160.80, under a pre-arranged Rule 10b5-1 trading plan adopted on May 16, 2025. After these transactions, she holds 1,088,451 Class A shares directly, 36,000 Class A shares indirectly through the MorMa Trust dated June 22, 2021, and 154,786 stock options.

Insider Trade Summary 10b5-1

Exercise and Sale: 39,167 shares ($6.00M approx. pre-tax spread)

Exercise and Sale 10 txns

Insider Wong Jennifer L.

Role Chief Operating Officer

Sold 39,167 shs ($6.21M)

Approx. gross sale proceeds $6.21M

Approx. exercise cost $210K

Approx. pre-tax spread $6.00M

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	39,167	$0.00	$0.00
Exercise	Class A Common Stock	39,167	$5.35	$210K
Sale	Class A Common Stock	800	$154.60	$124K
Sale	Class A Common Stock	600	$155.58	$93K
Sale	Class A Common Stock	4,941	$156.92	$775K
Sale	Class A Common Stock	6,458	$157.67	$1.02M
Sale	Class A Common Stock	16,914	$158.85	$2.69M
Sale	Class A Common Stock	6,954	$159.66	$1.11M
Sale	Class A Common Stock	2,500	$160.47	$401K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 154,786 contracts (Direct); Class A Common Stock — 1,088,451 shares (Direct); Class A Common Stock — 36,000 shares (Indirect, By MorMa Trust dated June 22, 2021)

Footnotes (9)

1. F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 16, 2025.
2. F2. The sales were executed in multiple trades at prices ranging from $154.18 to $155.04. 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 8 to this Form 4.
3. F3. The sales were executed in multiple trades at prices ranging from $155.19 to $155.94.
4. F4. The sales were executed in multiple trades at prices ranging from $156.20 to $157.19.
5. F5. The sales were executed in multiple trades at prices ranging from $157.20 to $158.19.
6. F6. The sales were executed in multiple trades at prices ranging from $158.22 to $159.20.
7. F7. The sales were executed in multiple trades at prices ranging from $159.23 to $160.20.
8. F8. The sales were executed in multiple trades at prices ranging from $160.24 to $160.80.
9. F9. The stock option is fully vested and currently exercisable.

Key Figures

Shares sold: 39,167 shares Sale price range: $154.18–$160.80 per share Options exercised: 39,167 options +5 more

8 metrics

Shares sold 39,167 shares Class A Common Stock sold in open-market trades on May 18, 2026

Sale price range $154.18–$160.80 per share Price ranges for multiple sale trades noted in footnotes

Options exercised 39,167 options Stock options exercised into Class A shares on May 18, 2026

Option exercise price $5.35 per share Exercise price of stock option grant that is fully vested

Direct share holdings 1,127,618 shares Direct Class A Common Stock held after transactions

Indirect share holdings 36,000 shares Class A shares held by MorMa Trust dated June 22, 2021

Options outstanding 154,786 options Total stock options held after the reported exercise

10b5-1 plan adoption date May 16, 2025 Date Wong adopted the Rule 10b5-1 trading plan

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, Class A Common Stock, Stock Option (Right to Buy), +2 more

6 terms

Rule 10b5-1 trading plan regulatory

"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 16, 2025."

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.

weighted average sale price financial

"The price reported reflects the weighted average sale price."

Class A Common Stock financial

"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.

Stock Option (Right to Buy) financial

"security_title: "Stock Option (Right to Buy)""

derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

indirect ownership financial

"ownership_type: "indirect" and nature_of_ownership: "By MorMa Trust dated June 22, 2021""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Reddit (RDDT) COO Jennifer L. Wong report?

Jennifer L. Wong reported exercising 39,167 Reddit stock options and selling 39,167 Class A Common shares. The trades occurred on May 18, 2026, and were executed in the open market under a pre-arranged Rule 10b5-1 trading plan.

How many Reddit (RDDT) shares did Jennifer L. Wong sell and at what prices?

She sold 39,167 Class A Common shares in multiple open-market trades. Footnotes state the sales occurred at prices ranging from $154.18 to $160.80 per share, with weighted average prices reported for each sale line in the Form 4.

What stock options did Reddit (RDDT) COO Jennifer L. Wong exercise?

She exercised 39,167 stock options, each giving the right to buy one Reddit Class A share at an exercise price of $5.35. The stock option is fully vested and currently exercisable, with an expiration date of June 12, 2028, according to the filing.

How many Reddit (RDDT) shares does Jennifer L. Wong own after these transactions?

After the reported trades, Wong directly owns 1,127,618 Reddit Class A Common shares. She also has indirect ownership of 36,000 Class A shares through the MorMa Trust dated June 22, 2021, as disclosed in the ownership details.

Does Reddit (RDDT) COO Jennifer L. Wong still hold stock options after exercising some?

Yes. Following the exercise of 39,167 options, she holds 154,786 stock options in total. These options relate to Reddit Class A Common Stock and include grants that remain outstanding and exercisable according to the Form 4 data.

Were Jennifer L. Wong’s Reddit (RDDT) share sales part of a Rule 10b5-1 plan?

Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted by Wong on May 16, 2025. Such plans pre-schedule trades, indicating the timing was set in advance rather than based on short-term market conditions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/20/2026 - 07:51 PM Learn about SEC filing dates

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).

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/18/2026		M(1)		39,167	A	$5.35	1,127,618	D
Class A Common Stock	05/18/2026		S(1)		800	D	$154.6(2)	1,126,818	D
Class A Common Stock	05/18/2026		S(1)		600	D	$155.58(3)	1,126,218	D
Class A Common Stock	05/18/2026		S(1)		4,941	D	$156.92(4)	1,121,277	D
Class A Common Stock	05/18/2026		S(1)		6,458	D	$157.67(5)	1,114,819	D
Class A Common Stock	05/18/2026		S(1)		16,914	D	$158.85(6)	1,097,905	D
Class A Common Stock	05/18/2026		S(1)		6,954	D	$159.66(7)	1,090,951	D
Class A Common Stock	05/18/2026		S(1)		2,500	D	$160.47(8)	1,088,451	D
Class A Common Stock								36,000	I	By 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$5.35	05/18/2026		M			39,167(1)	(9)	06/12/2028	Class A Common Stock	39,167	$0	154,786	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 16, 2025.

2. The sales were executed in multiple trades at prices ranging from $154.18 to $155.04. 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 8 to this Form 4.

3. The sales were executed in multiple trades at prices ranging from $155.19 to $155.94.

4. The sales were executed in multiple trades at prices ranging from $156.20 to $157.19.

5. The sales were executed in multiple trades at prices ranging from $157.20 to $158.19.

6. The sales were executed in multiple trades at prices ranging from $158.22 to $159.20.

7. The sales were executed in multiple trades at prices ranging from $159.23 to $160.20.

8. The sales were executed in multiple trades at prices ranging from $160.24 to $160.80.

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

Remarks:

	/s/ Julie Rogers, Attorney-in-Fact	05/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)