Bumble Inc. (BMBL) sees 7.48M shares sold by Blackstone BX Buzz funds
Rhea-AI Filing Summary
Bumble Inc. insider filing shows large affiliated holder sales of Class A Common Stock. Entities named BX Buzz ML-1 through ML-7 Holdco L.P., each a ten percent owner, reported open‑market sales totaling 7,477,500 shares of Bumble Class A Common Stock at a sales price of $3.7751 per share on June 16, 2026.
The shares were sold to an unaffiliated financial institution under a post‑paid forward transaction, with the final price based on the volume weighted average price over the counterparty’s hedging period that ended June 16, 2026. The entities continue to hold significant indirect positions, including 9,836,882 shares for BX Buzz ML-3 Holdco L.P. after the transaction.
Positive
- None.
Negative
- Large sponsor share sale: BX Buzz ML-1 through ML-7 Holdco L.P., each a ten percent owner, collectively sold 7,477,500 Bumble Class A shares at $3.7751, representing a significant reduction in their indirect holdings.
Insights
Blackstone-linked BX Buzz funds sold 7.48M Bumble shares via a pre-arranged forward at $3.78.
Several entities named BX Buzz ML-1 through ML-7 Holdco L.P., each listed as a ten percent owner of Bumble Inc., reported aggregate open-market sales of 7,477,500 Class A Common shares at $3.7751 per share on June 16, 2026. These are non-derivative, code S transactions, indicating active dispositions.
Footnotes explain the shares were delivered to an unaffiliated financial institution under a post-paid forward transaction at a price based on the volume weighted average price during the institution’s hedging period, which ended on June 16, 2026. This structure points to a pre-arranged monetization rather than opportunistic same-day selling.
Despite the large sale, the filing shows continued sizable indirect holdings, such as 9,836,882 shares remaining for BX Buzz ML-3 Holdco L.P. The Reporting Persons also formally disclaim beneficial ownership of securities held by related entities beyond their pecuniary interest. Overall, this is a notable reduction in exposure by large financial sponsors but within an organized hedging framework.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 181,343 | $3.7751 | $685K |
| Sale | Class A Common Stock | 2,495,189 | $3.7751 | $9.42M |
| Sale | Class A Common Stock | 405,073 | $3.7751 | $1.53M |
| Sale | Class A Common Stock | 1,080,902 | $3.7751 | $4.08M |
| Sale | Class A Common Stock | 3,278,961 | $3.7751 | $12.38M |
| Sale | Class A Common Stock | 29,574 | $3.7751 | $112K |
| Sale | Class A Common Stock | 6,458 | $3.7751 | $24K |
Footnotes (1)
- The Reporting Persons sold the shares of the Issuer's Class A common stock ("Class A Common Stock") to an unaffiliated financial institution at a price based on the volume weighted average price of Class A Common Stock of the Issuer over the financial institution's hedging period undertaken pursuant to a post-paid forward transaction. On June 16, 2026, the hedging period ended and the sales price was determined to be $3.7751 per share. Reflects securities directly held by BX Buzz ML-1 Holdco L.P. The general partner of BX Buzz ML-1 Holdco L.P. is BX Buzz ML-1 GP LLC. BXG Buzz Holdings L.P. is the sole limited partner of BX Buzz ML-1 Holdco L.P. and the sole member of BX Buzz ML-1 GP LLC. BXG Holdings Manager L.L.C. is the general partner of BXG Buzz Holdings L.P. Blackstone Growth Associates L.P. is the managing member of BXG Holdings Manager L.L.C. BXGA L.L.C. is the general partner of Blackstone Growth Associates L.P. Reflects securities directly held by BX Buzz ML-2 Holdco L.P. The general partner of BX Buzz ML-2 Holdco L.P. is BX Buzz ML-2 GP LLC. BCP Buzz Holdings L.P. is the sole limited partner of BX Buzz ML-2 Holdco L.P. and the sole member of BX Buzz ML-2 GP LLC. BCP VII Holdings Manager - NQ L.L.C. is the general partner of BCP Buzz Holdings L.P. Blackstone Management Associates VII NQ L.L.C. is the managing member of BCP VII Holdings Manager - NQ L.L.C. BMA VII NQ L.L.C. is the managing member of Blackstone Management Associates VII NQ L.L.C. Reflects securities directly held by BX Buzz ML-3 Holdco L.P. The general partner of BX Buzz ML-3 Holdco L.P. is BX Buzz ML-3 GP LLC. BSOF Buzz Aggregator L.L.C. is the sole limited partner of BX Buzz ML-3 Holdco L.P. and the sole member of BX Buzz ML-3 GP LLC. Blackstone Strategic Opportunity Associates L.L.C. is the managing member of BSOF Buzz Aggregator L.L.C. Reflects securities directly held by BX Buzz ML-4 Holdco L.P. The general partner of BX Buzz ML-4 Holdco L.P. is BX Buzz ML-4 GP LLC. BTO Buzz Holdings II L.P. is the sole limited partner of BX Buzz ML-4 Holdco L.P. and the sole member of BX Buzz ML-4 GP LLC. BTO Holdings Manager L.L.C. is the general partner of BTO Buzz Holdings II L.P. Blackstone Tactical Opportunities Associates L.L.C. is the managing member of BTO Holdings Manager L.L.C. BTOA L.L.C. is the managing member of Blackstone Tactical Opportunities Associates L.L.C. Blackstone Holdings III L.P. is the managing member of BTOA L.L.C. Blackstone Holdings III GP L.P. is the general partner of Blackstone Holdings III L.P. Blackstone Holdings III GP Management L.L.C. is the general partner of Blackstone Holdings III GP L.P. Reflects securities directly held by BX Buzz ML-5 Holdco L.P. The general partner of BX Buzz ML-5 Holdco L.P. is BX Buzz ML-5 GP LLC. Blackstone Buzz Holdings L.P. is the sole limited partner of BX Buzz ML-5 Holdco L.P. and the sole member of BX Buzz ML-5 GP LLC. BTO Holdings Manager-NQ L.L.C. is the general partner of Blackstone Buzz Holdings L.P. Blackstone Tactical Opportunities Associates-NQ L.L.C. is the managing member of BTO Holdings Manager-NQ L.L.C. BTOA-NQ L.L.C. is the sole member of Blackstone Tactical Opportunities Associates-NQ L.L.C. Reflects securities directly held by BX Buzz ML-6 Holdco L.P. The general partner of BX Buzz ML-6 Holdco L.P. is BX Buzz ML-6 GP LLC. Blackstone Tactical Opportunities Fund - FD L.P. is the sole limited partner of BX Buzz ML-6 Holdco L.P. and the sole member of BX Buzz ML-6 GP LLC. Blackstone Tactical Opportunities Associates III - NQ L.P. is the general partner of Blackstone Tactical Opportunities Fund - FD L.P. BTO DE GP - NQ L.L.C. is the general partner of Blackstone Tactical Opportunities Associates III - NQ L.P. Reflects securities directly held by BX Buzz ML-7 Holdco L.P. The general partner of BX Buzz ML-7 Holdco L.P. is BX Buzz ML-7 GP LLC. Blackstone Family Investment Partnership-Growth ESC L.P. is the sole limited partner of BX Buzz ML-7 Holdco L.P. and the sole member of BX Buzz ML-7 GP LLC. BXG Side-by-Side GP L.L.C. is the general partner of Blackstone Family Investment Partnership-Growth ESC L.P. Blackstone Holdings II L.P. is the managing member of each of BTOA-NQ L.L.C., BTO DE GP-NQ L.L.C., BXGA L.L.C., and BMA VII NQ L.L.C., and the sole member of each of BXG Side-by-Side GP L.L.C. and Blackstone Strategic Opportunity Associates L.L.C. Blackstone Holdings I/II GP L.L.C. is the general partner of Blackstone Holdings II L.P. Blackstone Inc. is the sole member of each of Blackstone Holdings I/II GP L.L.C. and Blackstone Holdings III GP Management L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman. Due to the limitations of the electronic filing system certain Reporting Persons are filing separate Forms 4. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.