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
  1. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
  2. 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.
  3. 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.
  4. The sales were executed in multiple trades at prices ranging from $53.54 to $54.52.
  5. The sales were executed in multiple trades at prices ranging from $54.54 to $55.05.
  6. The sales were executed in multiple trades at prices ranging from $52.43 to $53.42.
  7. The sales were executed in multiple trades at prices ranging from $53.43 to $54.42.
  8. The sales were executed in multiple trades at prices ranging from $54.43 to $55.05.
  9. 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.
  10. 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.
  11. The stock option is fully vested and currently exercisable.