Newhouse Steven O 4
4 · Reddit, Inc. · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
Reddit (RDDT) Director Steven O. Newhouse Receives 112-Share Award
What Happened Steven O. Newhouse, a director of Reddit, was granted 112 shares on April 5, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (total reported cash cost $0). The award is fully vested but will be settled in shares of the Issuer’s Class A Common Stock according to the Issuer’s Amended and Restated Non-Employee Director Compensation Program.
Key Details
- Transaction date: 2026-04-05; Filing date: 2026-04-07 (filed within the typical 2-business-day window).
- Transaction type/code: Award/Grant (A); Price reported: $0.00 per share; Shares acquired: 112.
- Shares owned after transaction: not specified in this filing.
- Footnote highlights: (F1) shares are fully vested and will be settled into Class A common stock on a date selected under the director compensation program; (F2) Advance Magazine Publishers Inc. (AMPI) is listed as the owner of the securities on the report and Mr. Newhouse may be deemed to beneficially own shares held by AMPI due to affiliations; (F3) Mr. Newhouse expressly disclaims beneficial ownership of the securities owned by AMPI.
Context Grants of fully vested shares to non-employee directors are commonly part of routine director compensation and are recorded as awards rather than market purchases, so they are not a direct cash investment signal. The settlement timing (when the award converts into Class A shares) is governed by the issuer’s director compensation program. The filing also includes institutional ownership/attribution details (AMPI/API) and a disclaimer of beneficial ownership by the reporting person.
Insider Transaction Report
- Award
Class A common stock, par value $0.0001 per share
[F1]2026-04-05+112→ 11,358 total
- 16,182(indirect: Indirect interest in a corporation)
Class A common stock, par value $0.0001 per share
[F2][F3]
Footnotes (3)
- [F1]The shares are fully vested and will be settled in shares of the Issuer's Class A Common Stock either (i) on a date selected by the Reporting Person pursuant to the Issuer's Amended and Restated Non-Employee Director Compensation Program (the "Program"), or (ii) as otherwise provided by the Program.
- [F2]Advance Magazine Publishers Inc., a New York corporation ("AMPI"), owns the securities of the Company set forth on this report. Mr. Newhouse, by virtue of his affiliations with Advance Publications, Inc. a New York corporation ("API"), and certain holders of equity in API, may be deemed to beneficially own the securities of the Company owned directly by AMPI. API is the indirect parent company of AMPI.
- [F3]The Reporting Person disclaims beneficial ownership of the securities owned by AMPI, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.