FMR LLC Reports 2.3% Beneficial Ownership in Reddit, Inc. (RDDT) via Schedule 13G/A

On April 7, 2026, FMR LLC (Fidelity) filed a Schedule 13G/A with the SEC, reporting a 2.3% ownership stake in Reddit, Inc. (RDDT). The filing indicates that FMR LLC beneficially owns 4,422,186 shares of Class A Common Stock as of March 31, 2026. This total includes 1,505,726 shares of Class B Common Stock held by various Fidelity-advised investment companies, which are convertible into Class A shares on a 1:1 basis. Abigail P. Johnson, as a Director and Chairman of FMR LLC, is also listed as a reporting person with shared dispositive power over these shares. The filing represents an increase in holdings compared to the previously reported 0.0% position. FMR LLC certified that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The shares are distributed across several subsidiaries, including Fidelity Management & Research Company LLC and Strategic Advisers LLC.