BuzzFeed insider reports 40M-share ownership stake

BuzzFeed, Inc. received an initial ownership report showing that Allen Family Digital, LLC holds 40,000,000 shares of BuzzFeed Class A Common Stock indirectly.

Accepted by SEC EDGAR 05/29/2026 - 07:17 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

BuzzFeed, Inc. received an initial ownership report showing that Allen Family Digital, LLC holds 40,000,000 shares of BuzzFeed Class A Common Stock indirectly.

Byron Allen Folks is the sole member of Allen Family Digital, LLC and, as a result, may be deemed to share beneficial ownership of these shares. Both Allen Family Digital, LLC and Folks are reported as ten percent owners.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider Allen Family Digital, LLC, Folks Byron Allen

Role 10% Owner | CEO

Type	Security	Shares	Price	Value
Holding	Class A Common Stock	--	--	--

Holdings: Class A Common Stock — 40,000,000 shares (Indirect, See footnote)

Footnotes (1)

1. F1. Securities held by Allen Family Digital, LLC. Byron Allen Folks is the sole member of Allen Family Digital, LLC, and as a result, may be deemed to share beneficial ownership of the securities held of record by Allen Family Digital, LLC.

Key Figures

Indirectly owned shares: 40,000,000 shares

1 metrics

Indirectly owned shares 40,000,000 shares Class A Common Stock reported on Form 3

Key Terms

beneficial ownership, ten percent owner, Class A Common Stock

3 terms

beneficial ownership financial

"may be deemed to share beneficial ownership of the securities held of record"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

ten percent owner financial

"is_ten_percent_owner": 1"

Class A Common Stock financial

"security_title": "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does BuzzFeed (BZFD) Form 3 filed by Allen Family Digital, LLC show?

The Form 3 shows Allen Family Digital, LLC holds 40,000,000 shares of BuzzFeed Class A Common Stock indirectly. It establishes this entity, associated with Byron Allen Folks, as a significant existing shareholder and a ten percent owner of the company.

How many BuzzFeed (BZFD) shares does Allen Family Digital, LLC report owning?

Allen Family Digital, LLC reports indirect ownership of 40,000,000 shares of BuzzFeed Class A Common Stock. This large position designates the entity as a ten percent owner under SEC rules, requiring this initial Form 3 ownership disclosure to the market.

What is Byron Allen Folks’ relationship to the BuzzFeed (BZFD) shares?

Byron Allen Folks is the sole member of Allen Family Digital, LLC, which holds 40,000,000 BuzzFeed Class A shares. Because of this role, he may be deemed to share beneficial ownership of the securities that the LLC holds of record for regulatory reporting purposes.

Does the BuzzFeed (BZFD) Form 3 show any recent insider buying or selling?

The Form 3 functions as an initial ownership statement and lists 40,000,000 shares of Class A Common Stock as indirectly owned. It does not report new purchases or sales, only the existing holdings that trigger ten percent owner reporting status.

Why is Allen Family Digital, LLC considered a ten percent owner of BuzzFeed (BZFD)?

The entity is treated as a ten percent owner because it holds 40,000,000 shares of BuzzFeed Class A Common Stock. Under SEC rules, crossing the ten percent threshold requires filing a Form 3 to disclose this level of beneficial ownership to investors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Allen Family Digital, LLC

(Last) (First) (Middle)

9903 SANTA MONICA BL. #418

(Street)

BEVERLY HILLS CALIFORNIA 90212

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
05/26/2026

3. Issuer Name and Ticker or Trading Symbol
BuzzFeed, Inc. [ BZFD ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	40,000,000	I	See footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Allen Family Digital, LLC

(Last) (First) (Middle)

9903 SANTA MONICA BL. #418

(Street)

BEVERLY HILLS CALIFORNIA 90212

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Folks Byron Allen

(Last) (First) (Middle)

9903 SANTA MONICA BL. #418

(Street)

BEVERLY HILLS CALIFORNIA 90212

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

Explanation of Responses:

1. Securities held by Allen Family Digital, LLC. Byron Allen Folks is the sole member of Allen Family Digital, LLC, and as a result, may be deemed to share beneficial ownership of the securities held of record by Allen Family Digital, LLC.

	Allen Family Digital, LLC, By: /s/ Byron Allen Folks, Manager	05/29/2026
	/s/ Byron Allen Folks	05/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)