On Sept. 15, Reddit CEO Steve Huffman sold 17,308 shares at a weighted-average price of $160.11 each, about $2.8 million, under a pre-set Rule 10b5-1 plan. Option exercises offset the sale, leaving his total equity position unchanged at 343,329 shares.
The plan was adopted May 20, 2026. The filing says Huffman exercised 17,308 vested options at $25.29 per share and immediately sold the shares. He also held about 1 million derivative securities indirectly.
Reddit reported $804.9 million in second-quarter sales, its eighth consecutive quarter of more than 60% year-over-year revenue growth. Daily active users increased 18% year over year to 130.3 million.
