Insider trade

CEO sold ~$53K of RDDT shares in the open market

Traded May 5, 2026 · Filed May 8, 2026

RedditRDDT

~$53K
Reported value · 300 sh @ $175.92: 411K
Holds after · shares reported: -12.9%
stock since the trade · S&P 500 +5.6%, $171.63 → $149.53 on Oct 1

Why it stands out

The boss of Reddit sold $53K of Reddit shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 5, 2026
Reporting period: Not applicable
Filed with the SEC: May 8, 2026

CEOIndirect holding$25K–$100KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$52,776

Shares × reported transaction price

Timing vs results

5 days after results of Apr 30, 2026, 86 days before results of Jul 30, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $171.63 on May 5, 2026, 79% above its 52-week low and 37% below its high, after a 22% rise over the previous 30 trading days

52-week range $95.85 (May 21, 2025) to $270.71 (Sep 18, 2025), 43% of the way up, from 251 adjusted closes. 30 trading days earlier: $140.96 on Mar 23, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Jun 18, 2025 in the U.S. District Court, N.D. California. A filing is an allegation, not a finding.

Tamraz, Jr v. Reddit, Inc., docket 3:25-cv-05144, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	+1.5%	+0.2%	+1.3%
30 days	+9.8%	+0.2%	+9.6%
90 days	-3.2%	+4.2%	-7.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001713445-26-000072
Filed / recorded: May 8, 2026, 1:11 AM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Reddit, Inc.
Issuer CIK: 1713445
Ticker: RDDT
Reporting person: Steve Ladd Huffman
Relationship: Director, Officer, 10% owner
Officer title: CEO & President
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: May 5, 2026
Transaction code: S
Shares / units: 300
Price per share: $175.92
Acquired / disposed: Disposed (D)
Shares owned after: 411,295
Ownership form: Indirect — By The XYZ Revocable Trust
Amendment: No

Footnotes from the filing

This transaction reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2025.
The sales were executed in multiple trades at prices ranging from $175.81 to $176.15.