Reddit stock (RDDT) fell 9.1% during intraday trading on February 4, 2026. The decline followed the disclosure of a share sale by CEO Steve Huffman.
Huffman sold 18,000 shares on January 30. The transaction totaled $3.3 million, with an average price of $183.18 per share.
The insider selling prompted a market sell-off just one day before Reddit releases its fourth-quarter and full-year 2025 financial results on February 5.