Steve Ladd Huffman - May 15, 2025 Form 4 Insider Report for Reddit, Inc. (RDDT)

Role
CEO & President, Director, 10%+ Owner
Signature
/s/ Julie Rogers, Attorney-in-Fact
Stock symbol
RDDT
Transactions as of
May 15, 2025
Transactions value $
-$14,304,090
Form type
4
Date filed
5/19/2025, 08:24 PM
Previous filing
May 8, 2025
Next filing
May 22, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Huffman Steve Ladd CEO & President, Director, 10%+ Owner C/O REDDIT, INC., 303 2ND STREET, SOUTH TOWER, 5TH FLOOR, SAN FRANCISCO /s/ Julie Rogers, Attorney-in-Fact 2025-05-19 0001827011

Transactions Table

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 -14K -0.4% $0.00 3.5M May 15, 2025 Class A Common Stock 14K By The XYZ Revocable Trust F17
transaction RDDT Stock Option (Right to Buy) Options Exercise $0 -110K -28% $0.00 284K May 15, 2025 Class B Common Stock 110K $1.93 By The XYZ Revocable Trust F18
transaction RDDT Class B Common Stock Options Exercise $0 +110K +3.15% $0.00 3.61M May 15, 2025 Class A Common Stock 110K By The XYZ Revocable Trust F17
transaction RDDT Class B Common Stock Conversion of derivative security $0 -110K -3.06% $0.00 3.5M May 15, 2025 Class A Common Stock 110K By The XYZ Revocable Trust F17
transaction RDDT Stock Option (Right to Buy) Options Exercise $0 -86.7K -30.56% $0.00 197K May 19, 2025 Class B Common Stock 86.7K $1.93 By The XYZ Revocable Trust F18
transaction RDDT Class B Common Stock Options Exercise $0 +86.7K +2.48% $0.00 3.59M May 19, 2025 Class A Common Stock 86.7K By The XYZ Revocable Trust F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 21, 2024.
F2 The sales were executed in multiple trades at prices ranging from $112.97 to $113.96. 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 (16) to this Form 4.
F3 The sales were executed in multiple trades at prices ranging from $114.24 to $115.20.
F4 The sales were executed in multiple trades at prices ranging from $115.24 to $116.19.
F5 The sales were executed in multiple trades at prices ranging from $116.24 to $117.20.
F6 The sales were executed in multiple trades at prices ranging from $117.26 to $117.46.
F7 The sales were executed in multiple trades at prices ranging from $118.54 to $118.85.
F8 The sales were executed in multiple trades at prices ranging from $121.04 to $121.62.
F9 The sales were executed in multiple trades at prices ranging from $112.89 to $113.88.
F10 The sales were executed in multiple trades at prices ranging from $113.89 to $114.88.
F11 The sales were executed in multiple trades at prices ranging from $114.89 to $115.88.
F12 The sales were executed in multiple trades at prices ranging from $115.89 to $116.88.
F13 The sales were executed in multiple trades at prices ranging from $116.90 to $117.60.
F14 The sales were executed in multiple trades at prices ranging from $118.25 to $119.24.
F15 The sales were executed in multiple trades at prices ranging from $119.61 to $120.59.
F16 The sales were executed in multiple trades at prices ranging from $120.66 to $121.12.
F17 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.
F18 The stock option is fully vested and currently exercisable.