Filing Details

Accession Number:
0001713445-24-000082
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-09-18 20:42:05
Reporting Period:
2024-09-16
Accepted Time:
2024-09-18 20:42:05
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 2024-09-16 7,423 $0.00 665,775 No 4 C Direct
Class A Common Stock Disposition 2024-09-16 1,500 $58.10 664,275 No 4 S Direct
Class A Common Stock Disposition 2024-09-16 8,000 $59.04 656,275 No 4 S Direct
Class A Common Stock Disposition 2024-09-16 4,500 $59.82 651,775 No 4 S Direct
Class A Common Stock Acquisiton 2024-09-16 110,408 $0.00 110,408 No 4 C Indirect By The XYZ Revocable Trust
Class A Common Stock Disposition 2024-09-16 7,600 $57.93 102,808 No 4 S Indirect By The XYZ Revocable Trust
Class A Common Stock Disposition 2024-09-16 62,329 $58.96 40,479 No 4 S Indirect By The XYZ Revocable Trust
Class A Common Stock Disposition 2024-09-16 40,479 $59.75 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 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 2024-09-16 7,423 $0.00 7,423 $0.00
Class B Common Stock Stock Option (Right to Buy) Disposition 2024-09-16 110,408 $0.00 110,408 $1.93
Class A Common Stock Class B Common Stock Acquisiton 2024-09-16 110,408 $0.00 110,408 $0.00
Class A Common Stock Class B Common Stock Disposition 2024-09-16 110,408 $0.00 110,408 $0.00
Class B Common Stock Stock Option (Right to Buy) Disposition 2024-09-18 86,749 $0.00 86,749 $1.93
Class A Common Stock Class B Common Stock Acquisiton 2024-09-18 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
1,437,795 No 4 C Direct
1,861,165 2031-12-23 No 4 M Indirect
1,707,941 No 4 M Indirect
1,597,533 No 4 C Indirect
1,774,416 2031-12-23 No 4 M Indirect
1,684,282 No 4 M Indirect
Footnotes
  1. 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.
  2. The sales were executed in multiple trades at prices ranging from $57.46 to $58.45. 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 (7) to this Form 4.
  3. The sales were executed in multiple trades at prices ranging from $58.46 to $59.45.
  4. The sales were executed in multiple trades at prices ranging from $59.51 to $60.02.
  5. The sales were executed in multiple trades at prices ranging from $57.32 to $58.31.
  6. The sales were executed in multiple trades at prices ranging from $58.32 to $59.31.
  7. The sales were executed in multiple trades at prices ranging from $59.32 to $60.04.
  8. 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.
  9. The option vests over five years on each quarterly anniversary of December 25, 2023, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.