Bumble: Beehive exchanges units for 21.2M shares
The exchange rights under the February 10, 2021 agreement do not expire.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Bumble Inc. reported that Beehive Holdings III, LP exchanged 21,230,911 common units of Buzz Holdings L.P. for 21,230,911 shares of Bumble Class A common stock on October 12, 2026. The units were held directly by the partnership and exchangeable one-for-one for Class A shares under an exchange agreement. Whitney Wolfe Herd, Bumble’s Chief Executive Officer and a ten percent owner, is the sole member of Beehive Holdings Management III, LLC, the partnership’s general partner. A separate direct holding is reported as 1,306,029 Class A shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Common Units of Buzz Holdings L.P. F1, F2 | 21,230,911 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F2 | 21,230,911 | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
Footnotes (4)
- F1. Pursuant to the terms of an exchange agreement, dated as of February 10, 2021, common units of Buzz Holdings L.P. held by the Reporting Persons are exchangeable for shares of the Issuer's Class A common stock on a one-for-one basis. These exchange rights do not expire.
- F2. These securities are held directly by Beehive Holdings III, LP. The general partner of Beehive Holdings III, LP is Beehive Holdings Management III, LLC. The Reporting Person is the sole member of Beehive Holdings Management III, LLC.
- F3. These securities are held by the Reporting Person's spouse.
- F4. These securities are held by a trust of which the Reporting Person's spouse is the trustee.
Key Figures
Key Terms
exchange agreement technical
general partner technical
one-for-one basis technical
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.