Reddit, Inc.·4

Jun 10, 4:04 PM ET

Newhouse Steven O 4

4 · Reddit, Inc. · Filed Jun 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Reddit (RDDT) Director Steven O Newhouse Receives Award

What Happened

  • Steven O. Newhouse, a director of Reddit, was granted 1,714 restricted stock units (RSUs) on 2026-06-08. The RSUs were reported on a Form 4 filed 2026-06-10 and show an acquisition price of $0 (award/grant). RSUs are not immediate cash or shares — they convert to shares only upon vesting/settlement.

Key Details

  • Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (timely filing).
  • Transaction type/code: A — Award/Grant of RSUs; reported acquisition amount $0.
  • Shares acquired: 1,714 RSUs (will convert to common stock on settlement).
  • Shares owned after transaction: Not separately quantified in the filing for Mr. Newhouse; the filing discloses Advance Magazine Publishers Inc. (AMPI) as the owner of the securities listed.
  • Footnotes of note:
    • F1: RSUs vest in full on the earlier of the first anniversary of the grant or immediately before Reddit’s 2027 annual meeting, subject to continued service; settlement follows the director’s deferral election or occurs on termination of service.
    • F2/F3: AMPI owns the securities reported; Mr. Newhouse may be deemed to beneficially own those shares by affiliation with Advance Publications but explicitly disclaims beneficial ownership of AMPI’s shares.
  • No indication of a sale or exercise—this is a standard director award, not a market purchase or disposition.

Context

  • RSU grants are deferred compensation that convert into shares when vesting conditions are met; their ultimate value depends on Reddit’s share price at settlement and fulfillment of service conditions. Because the award was granted (not sold or bought), it should be interpreted as a compensation event rather than an outright trading signal.

Insider Transaction Report

Form 4
Period: 2026-06-08
Transactions
  • Award

    Class A common stock, par value $0.0001 per share

    [F1]
    2026-06-08+1,71413,072 total
Holdings
  • Class A common stock, par value $0.0001 per share

    [F2][F3]
    (indirect: Indirect interest in a corporation)
    16,182
Footnotes (3)
  • [F1]The shares represent restricted stock units ("RSUs"), which will vest in full on the earlier of (i) the first anniversary of the grant date and (ii) immediately before the Issuer's annual meeting of stockholders to be held in 2027; subject to the Reporting Person's continued service through such vesting date. The RSUs will be settled in accordance with the Reporting Person's deferral election under the Issuer's Amended and Restated Non-Employee Director Compensation Program or, if earlier, upon termination of the Reporting Person's service as a director.
  • [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]Mr. Newhouse disclaims beneficial ownership of the securities owned by AMPI, and this report shall not be deemed an admission that Mr. Newhouse is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
Signature
/s/ Julie Rogers, Attorney-in-Fact|2026-06-10

Documents

1 file
  • 4
    wk-form4_1781121880.xmlPrimary

    FORM 4