Were Steve Huffman’s Reddit (RDDT) share sales made under a Rule 10b5-1 trading plan?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on May 19, 2025. Such plans pre-schedule trades, which means the timing of these March 13, 2026 sales was set in advance rather than decided spontaneously.

What Reddit (RDDT) option position related to Steve Huffman is shown after the exercise?

Following the March 13, 2026 option exercise, the filing shows 1,243,255 Reddit-related options indirectly held. These options are tied to Class A Common Stock, and the exercised grant carried a $25.29 per share exercise price and an expiration date of December 25, 2033.

Reddit (NYSE: RDDT) CEO trust sells 18K shares after option exercise

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Reddit, Inc. CEO Steve Huffman, through The XYZ Revocable Trust, exercised options for 18,000 shares of Class A Common Stock at an exercise price of $25.29 per share and immediately sold the same 18,000 shares in open-market transactions. The reported sales, executed on March 13, 2026, occurred at prices ranging from $131.38 to $136.57 under a pre-arranged Rule 10b5-1 trading plan adopted on May 19, 2025. Following these transactions, the trust held 412,595 shares of Class A Common Stock indirectly and 1,243,255 options linked to Class A shares. Additional indirect holdings include 68,966, 6,897, and 6,897 Class A shares in the EVS Trust - I, MLH Trust - I, and JDI Trust - I, respectively.

Insider Trade Summary 10b5-1

Net Seller: 18,000 shares ($2,391,428)

Net Sell 10 txns

Insider Huffman Steve Ladd

Role CEO & President

Sold 18,000 shs ($2.39M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	18,000	$0.00	--
Exercise	Class A Common Stock	18,000	$0.00	--
Sale	Class A Common Stock	11,100	$132.01	$1.47M
Sale	Class A Common Stock	3,000	$132.72	$398K
Sale	Class A Common Stock	900	$134.29	$121K
Sale	Class A Common Stock	1,600	$135.26	$216K
Sale	Class A Common Stock	1,400	$136.20	$191K
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 1,243,255 shares (Indirect, By The XYZ Revocable Trust); Class A Common Stock — 429,195 shares (Indirect, By The XYZ Revocable Trust)

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 19, 2025. The sales were executed in multiple trades at prices ranging from $131.38 to $132.37. 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 (6) to this Form 4. The sales were executed in multiple trades at prices ranging from $132.38 to $133.35. The sales were executed in multiple trades at prices ranging from $133.70 to $134.62. The sales were executed in multiple trades at prices ranging from $134.76 to $135.75. The sales were executed in multiple trades at prices ranging from $135.80 to $136.57. For clarity, the Reporting Person previously effected the indirect transfer of an aggregate of 82,760 shares of the Issuer's Class A Common Stock from The XYZ Revocable Trust to the EVS Trust - I, the JDI Trust - I, and the MLH Trust - I, in transactions exempt from reporting under Section 16 of the Exchange Act of 1934, as amended, pursuant to Rule 16a-13 thereof. For avoidance of doubt, the totals reported in Column 5 of Table I reflect beneficial ownership after such transfers. The reported 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.

Form 4 Insider Transactions: What Each Field Means →

03/17/2026 - 07:29 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^*

Huffman Steve Ladd

(Last)

(First)

(Middle)

C/O REDDIT, INC.

303 2ND STREET, SOUTH TOWER, 5TH FLOOR

(Street)

SAN FRANCISCO

94107

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Reddit, Inc. [ RDDT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & President

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/13/2026		M		18,000⁽¹⁾	A	$0	429,195	I	By The XYZ Revocable Trust
Class A Common Stock	03/13/2026		S		11,100⁽¹⁾	D	$132.01⁽²⁾	418,095	I	By The XYZ Revocable Trust
Class A Common Stock	03/13/2026		S		3,000⁽¹⁾	D	$132.72⁽³⁾	415,095	I	By The XYZ Revocable Trust
Class A Common Stock	03/13/2026		S		900⁽¹⁾	D	$134.29⁽⁴⁾	414,195	I	By The XYZ Revocable Trust
Class A Common Stock	03/13/2026		S		1,600⁽¹⁾	D	$135.26⁽⁵⁾	412,595	I	By The XYZ Revocable Trust
Class A Common Stock	03/13/2026		S		1,400⁽¹⁾	D	$136.2⁽⁶⁾	411,195⁽⁷⁾	I	By The XYZ Revocable Trust
Class A Common Stock								68,966⁽⁷⁾	I	EVS Trust - I⁽⁸⁾
Class A Common Stock								6,897⁽⁷⁾	I	MLH Trust - I⁽⁸⁾
Class A Common Stock								6,897⁽⁷⁾	I	JDI Trust - I⁽⁸⁾

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)	$25.29	03/13/2026		M			18,000⁽¹⁾	⁽⁹⁾	12/25/2033	Class A Common Stock	18,000	$0	1,243,255	I	By The XYZ Revocable Trust

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 19, 2025.

2. The sales were executed in multiple trades at prices ranging from $131.38 to $132.37. 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 (6) to this Form 4.

3. The sales were executed in multiple trades at prices ranging from $132.38 to $133.35.

4. The sales were executed in multiple trades at prices ranging from $133.70 to $134.62.

5. The sales were executed in multiple trades at prices ranging from $134.76 to $135.75.

6. The sales were executed in multiple trades at prices ranging from $135.80 to $136.57.

7. For clarity, the Reporting Person previously effected the indirect transfer of an aggregate of 82,760 shares of the Issuer's Class A Common Stock from The XYZ Revocable Trust to the EVS Trust - I, the JDI Trust - I, and the MLH Trust - I, in transactions exempt from reporting under Section 16 of the Exchange Act of 1934, as amended, pursuant to Rule 16a-13 thereof. For avoidance of doubt, the totals reported in Column 5 of Table I reflect beneficial ownership after such transfers.

8. The reported securities are directly held by a grantor retained annuity trust, of which the Reporting Person is sole trustee and beneficiary.

9. 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.

Remarks:

	/s/ Julie Rogers, Attorney-in-Fact	03/17/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Reddit (RDDT) CEO Steve Huffman report in this Form 4 filing?

Steve Huffman reported exercising options for 18,000 Reddit Class A shares and selling the same 18,000 shares. The transactions were executed by The XYZ Revocable Trust and made under a pre-arranged Rule 10b5-1 trading plan adopted on May 19, 2025.

How many Reddit (RDDT) shares did Steve Huffman’s trust sell and at what prices?

The XYZ Revocable Trust sold 18,000 Reddit Class A shares in several open-market trades. According to the disclosure, sale prices ranged from $131.38 to $136.57 per share, with weighted-average prices reported for each trade range in the accompanying footnotes.

How many Reddit (RDDT) shares does Steve Huffman’s main trust hold after these transactions?

After the reported transactions, The XYZ Revocable Trust held 412,595 Reddit Class A shares indirectly. This figure reflects beneficial ownership following the option exercise, the sale of 18,000 shares, and prior exempt transfers described in the filing’s detailed footnotes.

What additional Reddit (RDDT) indirect holdings are reported for trusts linked to Steve Huffman?

The filing lists three additional trusts: EVS Trust - I with 68,966 Reddit Class A shares, MLH Trust - I with 6,897 shares, and JDI Trust - I with 6,897 shares. These positions are reported as indirect holdings associated with Steve Huffman through various trust structures.