RDDT 8-K: Smart Summary
77% reductionOn June 9, 2025, Reddit, Inc. held its 2025 annual meeting of stockholders, at which stockholders voted on four proposals: election of eight directors, ratification of independent auditor, advisory vote on named executive officer compensation, and advisory vote on the frequency of future say-on-pay votes.
Item 5.07: Submission of Matters to a Vote of Security Holders
Director Elections
- Steven Huffman — 581,602,190 for / 16,066,028 against (97.30% approval)
- Sarah Farrell — 597,271,983 for / 396,235 against (99.93% approval)
- Patricia Fili-Krushel — 592,173,912 for / 5,494,306 against (99.08% approval)
- Porter Gale — 592,717,278 for / 4,950,940 against (99.17% approval)
- David Habiger — 587,754,383 for / 9,913,835 against (98.34% approval)
- Steven O. Newhouse — 536,778,186 for / 60,890,032 against (89.82% approval)
- Robert A. Sauerberg — 538,676,097 for / 58,992,121 against (90.13% approval)
- Michael Seibel — 577,054,846 for / 20,613,372 against (96.55% approval)
Management Proposals
- Ratification of KPMG LLP as Independent Registered Public Accounting Firm — 621,571,300 for / 437,563 against / 219,743 abstain (99.90% approval) — passed
- Advisory Vote on Named Executive Officer Compensation (Say-on-Pay) — 595,173,870 for / 2,368,616 against / 125,732 abstain (99.58% approval) — passed (non-binding)
- Advisory Vote on Frequency of Future Say-on-Pay Votes — 597,013,216 for 1 year / 92,175 for 2 years / 484,648 for 3 years (1-year option received 99.57% of frequency votes) — 1-year frequency approved (non-binding); board determined future advisory votes will be held every one year
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8-K$RDDTReddit, Inc.Smart Summary
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Revolving credit facility extended to 2030, commitments reduced to $500M
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