Newhouse Steven O 4

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.