The former Gossip Girl star gave birth to a baby girl, according to E! Online, with a family insider reportedly telling the site, "They're all doing really well. They're obviously loving being new parents."
While the name of the baby hasn't been released yet, the Turbo star joked back in October that he had a special name in mind for their little one if they had a daughter.
"On the plane over here I was trying to think of baby names," the actor said, while celebrating his new star on Canada's Walk of Fame in Toronto. "I don't want a name that's anything pretentious or, like, Hollywood-y. So I'm going with Excalibur Anaconda Reynolds... that's if it's a girl."
We can't wait to see what they came up with for their little one, who we have a feeling will be quite the fashionista.