The Gale Trust, associated with a director of Reddit, Inc., filed a Form 144 notice on November 3, 2026, disclosing a proposed sale of 3,000 shares of Reddit common stock on the NYSE.

Key Highlights

  • Seller: The Gale Trust, signed by Mary Porter Gale as Trustee, identified as a Director of Reddit, Inc.
  • Shares proposed for sale: 3,000 shares of Reddit common stock.
  • Aggregate market value: $288,000.00, as stated in the filing.
  • Acquisition date and method: Shares were acquired on January 4, 2022, through exercise of options under a registered plan, with cash payment on the same date.
  • Approximate sale date: November 3, 2026, through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE.
  • Prior three-month sales: The filing reports nothing to report for securities sold during the past three months.
  • Total shares outstanding: 146,942,127 shares of Reddit common stock, according to the filing.

Details of The Gale Trust's Proposed Reddit Share Sale

According to the Form 144 filing submitted to the U.S. Securities and Exchange Commission on November 3, 2026, The Gale Trust intends to sell 3,000 shares of Reddit, Inc. (NYSE:RDDT) common stock. The filing identifies the trust's relationship to the issuer as "Director," and the notice was signed by Mary Porter Gale as Trustee. The proposed sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

The filing states the aggregate market value of the proposed sale is $288,000.00. The 3,000 shares were acquired on January 4, 2022, through the exercise of options under a registered plan, with the issuer listed as the person from whom the securities were acquired, and payment made in cash on that same date. Reddit, Inc. is headquartered at 303 2nd Street, South Tower, San Francisco, California 94107, and its common stock is listed on the NYSE.

The filing notes that no securities of Reddit were sold by The Gale Trust during the three months preceding this notice. The Form 144 also includes a standard representation that the person filing does not know of any material adverse information regarding Reddit's current and prospective operations that has not been publicly disclosed.

What Was Disclosed

The Gale Trust, associated with Reddit Director Mary Porter Gale, filed a Rule 144 notice proposing the sale of 3,000 shares of Reddit common stock with an aggregate market value of $288,000.00, originally acquired on January 4, 2022, through option exercise.