Reddit, Inc. (RDDT) reported an insider transaction by its CEO & President, who is also a Director and 10% owner. On 11/10/2025, the insider made a bona fide gift of 8,146 shares of Class A Common Stock at $0 to a charitable donor advised fund.
Following the transaction, the insider beneficially owns 485,958 shares held indirectly through The XYZ Revocable Trust.
Reddit, Inc. (RDDT) reported insider activity by its Chief Technology Officer. On 11/10/2025, the reporting person exercised stock options and converted 12,000 shares of Class B into Class A (one-to-one), then acquired 12,000 Class A shares via conversion. The same day, the reporting person sold 14,000 Class A shares in multiple trades, with weighted average prices ranging from $199.22 to $207.75 and execution ranges from $198.95–$208.17 under a Rule 10b5-1 plan adopted on May 9, 2025. Following these transactions, holdings were 202,534 Class A shares directly and 20,184 indirectly via The Slowe Family Trust.
Reddit, Inc. (RDDT) insider filing: The Chief Operating Officer reported a bona fide gift of 9,900 shares of Class A Common Stock on 11/10/2025 at $0 (Transaction Code G). The footnote states the shares were gifted to a charitable donor advised fund.
Following the reported transaction, beneficial ownership stands at 1,286,068 shares held directly and 103,099 shares held indirectly by the MorMa Trust dated June 22, 2021.
Tencent Holdings filed Amendment No. 2 to a Schedule 13G reporting beneficial ownership of 5,905,597 Reddit shares, representing 4.17% of the Class A common stock.
The reported holdings comprise 3,317,185 Class B shares held by Tencent Cloud Europe B.V.; 2,100,000 Class A shares held by Huang River Investment Limited; and 50,425 Class A plus 437,987 Class B shares held by Jojoba Investment Limited. Each Class B share carries ten votes and is convertible into Class A at the holder’s option.
A voting agreement grants Steve Huffman, Reddit’s CEO, the authority and irrevocable proxy to vote shares then owned by Tencent affiliates, subject to stated restrictions. Related reporting entities Aceville Pte. Ltd., TCH Delta Limited, and Tencent Cloud Europe B.V. each report 3,317,185 shares (2.35%).
Reddit, Inc. (RDDT) insider activity: A reporting person who is a Director, 10% Owner, and the CEO & President filed a Form 4. On 11/04/2025, they exercised 18,000 stock options (exercise price $25.29) and reported multiple open‑market sales executed under a Rule 10b5‑1 trading plan adopted on May 19, 2025.
Sales were completed in tranches, including weighted‑average prices of $188.04, $188.98, $190.07, and $191.16 on 11/04/2025, and $192.36, $194.22, $194.99, $196.19, $197.32, and $198.42 on 10/30/2025.
Following these transactions, the filing shows 494,104 shares of Class A common stock beneficially owned indirectly by The XYZ Revocable Trust. Derivative holdings reported include 1,405,255 stock options remaining indirectly held. The option referenced vests over five years on each quarterly anniversary of December 25, 2023.
Reddit, Inc.: FMR LLC filed Amendment No. 5 to Schedule 13G reporting beneficial ownership of 16,077,582.26 shares of Class A common stock, representing 11.7% of the class as of September 30, 2025. Abigail P. Johnson is also a reporting person.
The filing lists FMR LLC with sole voting power over 15,657,724.85 shares and sole dispositive power over 16,077,582.26 shares, with no shared voting or dispositive power. Johnson reports sole dispositive power over 16,077,582.26 shares and no voting power.
The stake includes 2,588,430 shares of Class B common stock held by advised entities, convertible into Class A on a 1:1 basis. These Class B shares represent 4.9237% of outstanding Class B. On a fully converted Class B basis, the 16,077,582 Class A shares would represent 8.5905% of outstanding Class A. The certification states the securities were acquired and are held in the ordinary course and not to change or influence control.
Steven Huffman filed Amendment No. 3 to Schedule 13D for Reddit, Inc. He reports beneficial ownership of 51,431,595 shares of Class A Common Stock under Rule 13d-3, representing 27.2% of Class A and 26.8% of total Common Stock, based on 137,824,835 Class A and 51,670,930 Class B shares outstanding as of October 28, 2025.
Huffman has 5,418,724 shares with sole voting and dispositive power and 46,012,871 shares with shared voting power via Voting Agreements. He notes that, in transactions ending October 30, 2025, a party to the Voting Agreements disposed of shares, reducing the number over which he exercises voting discretion. Excluding Voting Agreement shares, he beneficially owns 3.8% of Class A and 2.8% of total Common Stock on a converted/exercised basis. Given Class B’s ten votes per share, he may be deemed to hold approximately 75.2% of total voting power on the stated assumptions. Recent activity includes three 18,000-share stock option exercises on Sept 15, Sept 30, and Oct 15, 2025, plus sales under a Rule 10b5-1 plan.
Reddit, Inc. reported strong third-quarter 2025 results. Revenue was $584.9 million for the three months ended September 30, 2025, up 68% year over year, driven by higher ad impressions and pricing. Net income reached $162.7 million versus $29.9 million a year ago, and gross margin improved to 91.0% from 90.1%.
User and monetization metrics also advanced. Daily Active Uniques were 116.0 million, up 19% year over year, while ARPU rose 41% to $5.04. Adjusted EBITDA was $236.0 million compared to $94.1 million a year ago, reflecting operating leverage as revenue scaled. Operating cash flow was $185.2 million, and Free Cash Flow was $183.1 million in the quarter. Cash, cash equivalents, and marketable securities totaled $2.2 billion as of September 30, 2025, providing ample liquidity alongside a $500.0 million revolving credit facility with $494.6 million available.
- United States revenue for the quarter: $479.6 million; Rest of world: $105.3 million
- Nine-month revenue: $1.48 billion, up from $872.5 million
- Shares outstanding as of October 28, 2025: 137,824,835 Class A; 51,670,930 Class B
Reddit, Inc. furnished an update announcing its financial results for the quarter ended September 30, 2025. The company will host a conference call on October 30, 2025 at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to discuss the results.
Reddit will solicit investor questions on r/RDDT and post responses on its Investor Relations website and subreddit following the call. The press release and shareholder letter are furnished as Exhibits 99.1 and 99.2 and are not deemed filed under the Exchange Act. Reddit also notes it may use r/RDDT, r/reddit, and its IR website for Regulation FD disclosures.
The Vanguard Group filed Amendment No. 1 to Schedule 13G reporting beneficial ownership of 12,238,333 Reddit Inc. (RDDT) common shares, representing 9.09% of the class as of 09/30/2025.
Vanguard reports sole voting power: 0 shares and shared voting power: 774,215 shares. It has sole dispositive power: 11,357,305 shares and shared dispositive power: 881,028 shares. The filing states the securities are held in the ordinary course and not for the purpose of changing or influencing control.
Vanguard notes its clients have rights to dividends or sale proceeds in these securities, and no single other person’s interest exceeds 5%.