Reddit (NYSE: RDDT) CEO sells 18,000 shares via trust, retains stake
Reddit CEO Steve Huffman's XYZ Revocable Trust exercised options for 18,000 Class A shares and subsequently sold the same amount in open-market transactions on May 29, 2026. These transactions, executed under a pre-arranged Rule 10b5-1 trading plan, are considered routine liquidity management. After the sales, the trust still indirectly holds 391,814 Class A shares for Huffman, indicating that the sale was a relatively small portion of his overall stake.
https://www.stocktitan.net/sec-filings/RDDT/form-4-reddit-inc-insider-trading-activity-a18dd2e445e6.html