Were Jennifer Wong’s Reddit (RDDT) share sales pre-planned under a Rule 10b5-1 plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Jennifer Wong on May 16, 2025. Such plans schedule trades in advance, providing structure for future stock sales by insiders.

Is this Reddit (RDDT) Form 4 mainly an option exercise or a share sale?

The Form 4 shows both an option exercise and share sales. Jennifer Wong exercised options to acquire 33,507 Class A shares and, on the same date, sold 39,165 shares in open-market transactions under her pre-arranged Rule 10b5-1 trading plan.

Reddit (NYSE: RDDT) COO sells 39,165 shares after option exercise

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Reddit, Inc. Chief Operating Officer Jennifer L. Wong exercised stock options for 33,507 shares of Class A common stock at an exercise price of $5.35 per share on March 18, 2026. The same day, she sold 39,165 Class A shares in multiple open-market transactions at prices generally between about $142 and $146, including sales from an entity identified as the MorMa Trust dated June 22, 2021.

After these transactions, Wong directly held 1,088,451 Class A shares and the MorMa Trust held 36,000 shares. The filing notes that the sales were made pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 16, 2025, and that the option exercised was fully vested and currently exercisable.

Insider Trade Summary 10b5-1

Net Seller: 39,165 shares ($5,616,679)

Net Sell 12 txns

Insider Wong Jennifer L.

Role Chief Operating Officer

Sold 39,165 shs ($5.62M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	33,507	$0.00	--
Exercise	Class A Common Stock	33,507	$0.00	--
Sale	Class A Common Stock	15,946	$142.76	$2.28M
Sale	Class A Common Stock	11,732	$143.54	$1.68M
Sale	Class A Common Stock	3,929	$144.51	$568K
Sale	Class A Common Stock	1,500	$145.63	$218K
Sale	Class A Common Stock	400	$146.36	$59K
Sale	Class A Common Stock	2,758	$142.81	$394K
Sale	Class A Common Stock	2,100	$143.68	$302K
Sale	Class A Common Stock	600	$144.46	$87K
Sale	Class A Common Stock	100	$145.29	$15K
Sale	Class A Common Stock	100	$146.45	$15K

Holdings After Transaction: Stock Option (Right to Buy) — 233,120 shares (Direct); Class A Common Stock — 1,121,958 shares (Direct); Class A Common Stock — 38,900 shares (Indirect, By MorMa Trust dated June 22, 2021)

Footnotes (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. The sales were executed in multiple trades at prices ranging from $142.13 to $143.12. 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 (9) to this Form 4. The sales were executed in multiple trades at prices ranging from $143.13 to $144.12. The sales were executed in multiple trades at prices ranging from $144.13 to $145.10. The sales were executed in multiple trades at prices ranging from $145.22 to $146.19. The sales were executed in multiple trades at prices ranging from $146.25 to $146.53. The sales were executed in multiple trades at prices ranging from $142.19 to $143.18. The sales were executed in multiple trades at prices ranging from $143.21 to $144.12. The sales were executed in multiple trades at prices ranging from $144.22 to $145.05. The stock option is fully vested and currently exercisable.

Form 4 Insider Transactions: What Each Field Means →

03/20/2026 - 07:05 PM

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).

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)
03/18/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	03/18/2026		M		33,507⁽¹⁾	A	$0	1,121,958	D
Class A Common Stock	03/18/2026		S		15,946⁽¹⁾	D	$142.76⁽²⁾	1,106,012	D
Class A Common Stock	03/18/2026		S		11,732⁽¹⁾	D	$143.54⁽³⁾	1,094,280	D
Class A Common Stock	03/18/2026		S		3,929⁽¹⁾	D	$144.51⁽⁴⁾	1,090,351	D
Class A Common Stock	03/18/2026		S		1,500⁽¹⁾	D	$145.63⁽⁵⁾	1,088,851	D
Class A Common Stock	03/18/2026		S		400⁽¹⁾	D	$146.36⁽⁶⁾	1,088,451	D
Class A Common Stock	03/18/2026		S		2,758⁽¹⁾	D	$142.81⁽⁷⁾	38,900	I	By MorMa Trust dated June 22, 2021
Class A Common Stock	03/18/2026		S		2,100⁽¹⁾	D	$143.68⁽⁸⁾	36,800	I	By MorMa Trust dated June 22, 2021
Class A Common Stock	03/18/2026		S		600⁽¹⁾	D	$144.46⁽⁹⁾	36,200	I	By MorMa Trust dated June 22, 2021
Class A Common Stock	03/18/2026		S		100⁽¹⁾	D	$145.29	36,100	I	By MorMa Trust dated June 22, 2021
Class A Common Stock	03/18/2026		S		100⁽¹⁾	D	$146.45	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$5.35	03/18/2026		M			33,507⁽¹⁾	⁽¹⁰⁾	06/12/2028	Class A Common Stock	33,507	$0	233,120	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 $142.13 to $143.12. 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 (9) to this Form 4.

3. The sales were executed in multiple trades at prices ranging from $143.13 to $144.12.

4. The sales were executed in multiple trades at prices ranging from $144.13 to $145.10.

5. The sales were executed in multiple trades at prices ranging from $145.22 to $146.19.

6. The sales were executed in multiple trades at prices ranging from $146.25 to $146.53.

7. The sales were executed in multiple trades at prices ranging from $142.19 to $143.18.

8. The sales were executed in multiple trades at prices ranging from $143.21 to $144.12.

9. The sales were executed in multiple trades at prices ranging from $144.22 to $145.05.

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

Remarks:

	/s/ Julie Rogers, Attorney-in-Fact	03/20/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Reddit (RDDT) COO Jennifer Wong do in this Form 4?

Reddit COO Jennifer Wong exercised stock options for 33,507 Class A shares, then sold 39,165 shares in open-market trades. The transactions combined an option exercise with share sales, including activity through the MorMa Trust dated June 22, 2021.

How many Reddit (RDDT) shares did the COO sell and at what prices?

Jennifer Wong sold 39,165 Class A Reddit shares in multiple open-market trades. Reported sale prices ranged roughly from $142.13 to $146.53, with several trades executed within narrower price bands described in the filing’s footnotes.

How many Reddit (RDDT) shares does the COO hold after these transactions?

After the reported transactions, Jennifer Wong directly held 1,088,451 Class A Reddit shares. An additional 36,000 Class A shares were held indirectly through the MorMa Trust dated June 22, 2021, as disclosed in the ownership information.

What options did Reddit (RDDT) COO Jennifer Wong exercise in this Form 4?

She exercised a stock option for 33,507 shares of Class A common stock at an exercise price of $5.35 per share. The filing notes the option was fully vested and currently exercisable at the time of the transaction.