Filing Details
- Accession Number:
- 0001713445-24-000066
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-08-22 20:38:38
- Reporting Period:
- 2024-08-20
- Accepted Time:
- 2024-08-22 20:38:38
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1713445 | Reddit Inc. | RDDT | Services-Computer Processing & Data Preparation (7374) | 452546501 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1827011 | Ladd Steve Huffman | C/O Reddit, Inc. 303 2Nd Street, South Tower, 5Th Floor San Francisco CA 94107 | Ceo & President | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2024-08-20 | 356,066 | $0.00 | 1,045,223 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2024-08-20 | 356,066 | $54.36 | 689,157 | No | 4 | F | Direct | |
Class A Common Stock | Acquisiton | 2024-08-20 | 20,093 | $0.00 | 709,250 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2024-08-20 | 20,093 | $54.36 | 689,157 | No | 4 | F | Direct | |
Class A Common Stock | Acquisiton | 2024-08-20 | 17,288 | $0.00 | 706,445 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2024-08-20 | 20,093 | $54.36 | 686,352 | No | 4 | F | Direct | |
Class A Common Stock | Disposition | 2024-08-20 | 5,000 | $53.02 | 681,352 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2024-08-20 | 4,292 | $54.13 | 677,060 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2024-08-20 | 4,708 | $54.87 | 672,352 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2024-08-20 | 110,408 | $0.00 | 110,408 | No | 4 | C | Indirect | By The XYZ Revocable Trust |
Class A Common Stock | Disposition | 2024-08-20 | 33,026 | $52.95 | 77,382 | No | 4 | S | Indirect | By The XYZ Revocable Trust |
Class A Common Stock | Disposition | 2024-08-20 | 31,466 | $53.91 | 45,916 | No | 4 | S | Indirect | By The XYZ Revocable Trust |
Class A Common Stock | Disposition | 2024-08-20 | 45,916 | $54.80 | 0 | No | 4 | S | Indirect | By The XYZ Revocable Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Direct | |
No | 4 | F | Direct | |
No | 4 | C | Direct | |
No | 4 | F | Direct | |
No | 4 | C | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | C | Indirect | By The XYZ Revocable Trust |
No | 4 | S | Indirect | By The XYZ Revocable Trust |
No | 4 | S | Indirect | By The XYZ Revocable Trust |
No | 4 | S | Indirect | By The XYZ Revocable Trust |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class B Common Stock | Disposition | 2024-08-20 | 356,066 | $0.00 | 356,066 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2024-08-20 | 20,093 | $0.00 | 20,093 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2024-08-20 | 17,288 | $0.00 | 17,288 | $0.00 |
Class B Common Stock | Stock Option (Right to Buy) | Disposition | 2024-08-20 | 110,408 | $0.00 | 110,408 | $1.93 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2024-08-20 | 110,408 | $0.00 | 110,408 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2024-08-20 | 110,408 | $0.00 | 110,408 | $0.00 |
Class B Common Stock | Stock Option (Right to Buy) | Disposition | 2024-08-21 | 86,749 | $0.00 | 86,749 | $1.93 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2024-08-21 | 86,749 | $0.00 | 86,749 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
1,482,599 | No | 4 | C | Direct | ||
1,462,506 | No | 4 | C | Direct | ||
1,445,218 | No | 4 | C | Direct | ||
2,058,322 | 2031-12-23 | No | 4 | M | Indirect | |
1,621,192 | No | 4 | M | Indirect | ||
1,510,784 | No | 4 | C | Indirect | ||
1,971,573 | 2031-12-23 | No | 4 | M | Indirect | |
1,597,533 | No | 4 | M | Indirect |
Footnotes
- These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
- 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.
- The sales were executed in multiple trades at prices ranging from $52.52 to $53.51. 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 (3) to (8) to this Form 4.
- The sales were executed in multiple trades at prices ranging from $53.54 to $54.52.
- The sales were executed in multiple trades at prices ranging from $54.54 to $55.05.
- The sales were executed in multiple trades at prices ranging from $52.43 to $53.42.
- The sales were executed in multiple trades at prices ranging from $53.43 to $54.42.
- The sales were executed in multiple trades at prices ranging from $54.43 to $55.05.
- 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.
- The Reporting Person's previous Forms 4 filed on April 11, 2024 and May 28, 2024, overstated the number of shares of Class B Common Stock held directly by the Reporting Person. The number of shares of Class B Common Stock held directly by the Reporting Person has been corrected herein.
- The stock option is fully vested and currently exercisable.