Reddit CEO Owns Majority of Class A Shares, Filing Reveals
According to a recent filing with regulators, it was revealed that Steve Huffman, CEO and co-founder of Reddit, owns a significant portion of the company’s Class A shares. Specifically, Huffman owns approximately 62.4 million shares of this class, representing a substantial 61.5% stake. The calculation determining Huffman’s ownership considers several factors, including his ability to…