Reddit, Inc. Chief Legal Officer Benjamin Seong Lee filed a Form 4 on August 24, 2026, disclosing that 3,887 shares of Class A Common Stock were withheld by the company on August 20, 2026, to satisfy tax withholding obligations related to a equity award.

Key Highlights

  • Reporting person: Benjamin Seong Lee, Chief Legal Officer of Reddit, Inc.
  • Transaction: 3,887 shares of Class A Common Stock disposed of (transaction code F) on August 20, 2026.
  • Price per share: $151.71, used to value shares withheld for tax purposes.
  • Nature of transaction: According to the filing, shares were withheld by the company to satisfy the reporting person's tax withholding obligations, and the filing states this was "Not a market sale."
  • Beneficial ownership following transaction: 71,536 shares of Class A Common Stock held directly.

Reddit Chief Legal Officer Discloses Tax-Related Share Withholding in August 2026

According to the Form 4 filed with the SEC on August 24, 2026, Benjamin Seong Lee, serving as Chief Legal Officer of Reddit, Inc. (NYSE:RDDT), reported a single transaction involving the disposition of 3,887 shares of Class A Common Stock. The transaction, dated August 20, 2026, carried transaction code "F," which the filing attributes to shares withheld by the company to cover the reporting person's tax withholding obligations.

The filing notes in its explanation of responses that these shares were not sold on the open market. The price associated with the withholding was $151.71 per share. Following the reported transaction, Lee's direct beneficial ownership of Class A Common Stock stood at 71,536 shares, according to the filing. No derivative securities were reported in Table II of the form.

The Form 4 was signed by Julie Rogers as attorney-in-fact on August 24, 2026. The filing was submitted as an individual filing by one reporting person and does not indicate that it is an amendment to a prior form.

What Was Disclosed

Reddit's Chief Legal Officer disclosed the withholding of 3,887 Class A Common Stock shares at $151.71 per share on August 20, 2026, to satisfy tax obligations, leaving him with direct beneficial ownership of 71,536 shares.