Steve Ladd Huffman - 20 Nov 2024 Form 4 Insider Report for Reddit, Inc. (RDDT)

Role
CEO & President, Director, 10%+ Owner
Signature
/s/ Julie Rogers, Attorney-in-Fact
Issuer symbol
RDDT
Transactions as of
20 Nov 2024
Net transactions value
-$5,511,912
Form type
4
Filing time
22 Nov 2024, 19:59:51 UTC
Previous filing
19 Nov 2024
Next filing
03 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDDT Class A Common Stock Conversion of derivative security $0 +20,093 +3.1% $0.000000 671,868 20 Nov 2024 Direct
transaction RDDT Class A Common Stock Tax liability $2,755,956 -20,093 -3% $137.16 651,775 20 Nov 2024 Direct F1
transaction RDDT Class A Common Stock Conversion of derivative security $0 +17,289 +2.7% $0.000000 669,064 20 Nov 2024 Direct
transaction RDDT Class A Common Stock Tax liability $2,755,956 -20,093 -3% $137.16 648,971 20 Nov 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RDDT Class B Common Stock Conversion of derivative security $0 -20,093 -1.5% $0.000000 1,361,702 20 Nov 2024 Class A Common Stock 20,093 Direct F2
transaction RDDT Class B Common Stock Conversion of derivative security $0 -17,289 -1.3% $0.000000 1,344,413 20 Nov 2024 Class A Common Stock 17,289 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
F2 The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.