Reddit, Inc. 4

Reddit CEO Steve Ladd Huffman exercised options for 18,000 Class A shares at $25.29 and sold the same 18,000 shares from his revocable trust in multiple trades around $175–$184 on August 14, 2026 under a Rule 10b5-1 plan.

On August 14, 2026, Reddit, Inc. CEO & President Steve Ladd Huffman exercised a stock option for 18,000 shares of Class A Common Stock at an exercise price of $25.29 per share, with the resulting shares acquired by The XYZ Revocable Trust, an entity he controls. On the same day, that trust executed a series of open-market sales of Class A Common Stock totaling 18,000 shares in multiple tranches at prices ranging from approximately $175.04 to $184.06 per share, pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 19, 2025. After these transactions, The XYZ Revocable Trust reported beneficial ownership of 373,814 Class A shares, and Mr. Huffman also reported additional indirect Class A holdings through three other trusts (EVS Trust - I, JDI Trust - I, and MLH Trust - I) for a combined post-transaction indirect ownership of 1,063,255 Class A shares, with an estimated aggregate value of roughly $168 million based on recent trading prices. The option from which the 18,000 shares were exercised vests quarterly over five years from December 25, 2023, contingent on Mr. Huffman's continued service.

Filing Facts

CIK

1713445

Ticker

RDDT

Form

4

Source Type

sec

Accession

0001827011-26-000033

Alert Tier

6