Reddit CEO Huffman sells 18,000 shares for $3.6M via scheduled 10b5-1 plan; holds 373.8K shares post-transaction
Steve Ladd Huffman, who was CEO at the time, executed 12 separate sales totaling 18,000 shares for $3,561,471.32 on 2026-07-15 under a pre-arranged 10b5-1 trading plan adopted on 2025-05-19. The blended average sale price was $197.86, while the current stock price is $181.18, indicating the stock has declined since the sales. Huffman retains 373,814 shares of non-derivative holdings post-transaction, and maintains 1,099,255 shares in stock options through The XYZ Revocable Trust, preserving substantial ongoing equity exposure. The scheduled nature of this transaction (10b5-1 plan) removes discretionary timing considerations from the analysis; the sales were predetermined, not responsive to recent price action or business developments.