Reddit, Inc. 4

Reddit CEO Steve Ladd Huffman exercised 18,000 stock options at $25.29 and, via The XYZ Revocable Trust, sold 19,800 Class A shares on July 15, 2026 for roughly $4 million in total proceeds under a Rule 10b5-1 plan.

On July 15, 2026, Reddit, Inc. CEO & President Steve Ladd Huffman, through The XYZ Revocable Trust, exercised 18,000 stock options at $25.29 per share and acquired an equal number of Class A common shares, then immediately sold 19,800 Class A shares in a series of Rule 10b5-1–planned transactions at prices ranging from approximately $190.68 to $205.69 per share. The option exercise (coded “M”) converted the derivative position into directly held Class A shares, while the subsequent sales (coded “S”) modestly reduced the trust’s holdings, leaving 373,814 Class A shares in The XYZ Revocable Trust plus additional indirect holdings of 68,966, 6,897, and 6,897 Class A shares in three other family trusts. Based on the reported trade prices, the gross value of the option exercise was about $455,220 and the aggregate proceeds of the same‑day sales were roughly $3.99 million, and the remaining trust holdings and other indirect positions together represent an interest in Reddit stock worth on the order of $75–80 million at the transaction price levels and roughly $68–70 million at the current market price of about $179.51 per share.

Filing Facts

CIK

1713445

Ticker

RDDT

Form

4

Source Type

sec

Accession

0001713445-26-000094

Alert Tier

7