Reddit (NYSE: RDDT) CEO exercises 18,000 options and trims stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reddit, Inc. CEO, President, director and 10% owner Ryan O. Cohen, through The XYZ Revocable Trust, reported an option exercise and related share sales. On 11/28/2025, the trust acquired 18,000 shares of Class A common stock at a reported price of $0 in connection with the exercise of a stock option with a $25.29 exercise price, increasing the trust’s beneficial holdings to 466,576 shares.
On the same date, the trust executed a series of open-market sales under a Rule 10b5-1 trading plan adopted on May 19, 2025, at weighted average prices generally between about $207 and $218 per share, in blocks including 1,000, 1,800, 7,421 and 4,569 shares. After these sales, the trust beneficially owned 448,576 shares of Reddit Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,000 shares ($3,873,360)
Net Sell
12 txns
Insider
Huffman Steve Ladd
Role
CEO & President
Sold
18,000 shs ($3.87M)
| 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 | 1,000 | $208.00 | $208K |
| Sale | Class A Common Stock | 710 | $208.97 | $148K |
| Sale | Class A Common Stock | 400 | $209.56 | $84K |
| Sale | Class A Common Stock | 600 | $211.22 | $127K |
| Sale | Class A Common Stock | 400 | $212.62 | $85K |
| Sale | Class A Common Stock | 1,000 | $214.00 | $214K |
| Sale | Class A Common Stock | 1,800 | $215.31 | $388K |
| Sale | Class A Common Stock | 7,421 | $216.36 | $1.61M |
| Sale | Class A Common Stock | 4,569 | $217.21 | $992K |
| Sale | Class A Common Stock | 100 | $217.89 | $22K |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,369,255 shares (Indirect, By The XYZ Revocable Trust);
Class A Common Stock — 466,576 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 $207.39 to $208.25. 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. The sales were executed in multiple trades at prices ranging from $208.40 to $209.32. The sales were executed in multiple trades at prices ranging from $209.43 to $209.72. The sales were executed in multiple trades at prices ranging from $210.71 to $211.50. The sales were executed in multiple trades at prices ranging from $212.06 to $213.03. The sales were executed in multiple trades at prices ranging from $213.57 to $214.49. The sales were executed in multiple trades at prices ranging from $214.72 to $215.70. The sales were executed in multiple trades at prices ranging from $215.81 to $216.80. The sales were executed in multiple trades at prices ranging from $216.81 to $217.79. The sales were executed in multiple trades at prices ranging from $217.88 to $217.89. 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.
FAQ
What insider transaction did Reddit (RDDT) report on November 28, 2025?
On 11/28/2025, Reddit CEO and 10% owner Ryan O. Cohen, through The XYZ Revocable Trust, exercised stock options for 18,000 Class A shares and sold multiple share blocks the same day.
Were the Reddit (RDDT) insider sales made under a Rule 10b5-1 plan?
Yes. The filing states that the sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on May 19, 2025.
What is the vesting schedule of the Reddit (RDDT) stock option mentioned?
The option for 18,000 shares vests over five years on each quarterly anniversary of December 25, 2023, subject to continued employment or service.