BuzzFeed director Washington Eric (NASDAQ: BZFD) reports no shares
Rhea-AI Filing Summary
BuzzFeed, Inc. director Washington Stanley Eric submitted an initial insider ownership report. He is identified as a director, and the filing states that no securities are beneficially owned in his name. It also references Exhibit 24, a Power of Attorney authorizing others to act on his behalf in related matters.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 0 securities
Insider transactions reported: 0 transactions
Derivative positions: 0 instruments
3 metrics
Beneficial ownership
0 securities
Remarks state that no securities are beneficially owned for Washington Stanley Eric
Insider transactions reported
0 transactions
No purchases, sales, exercises, gifts, or other transactions are listed
Derivative positions
0 instruments
No options, warrants, or other derivative securities are reported as held
Key Terms
beneficially owned, Power of Attorney, reporting person
3 terms
beneficially owned financial
"Remarks state that no securities are beneficially owned."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Power of Attorney regulatory
"Exhibit 24 is identified as a Power of Attorney."
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
reporting person regulatory
"Identifies Washington Stanley Eric as the reporting person and a director."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the BuzzFeed (BZFD) Form 3 filing disclose about Washington Stanley Eric?
The Form 3 for BuzzFeed (BZFD) lists Washington Stanley Eric as a director and reports that he beneficially owns no securities. It serves as his initial insider ownership statement, establishing a baseline of zero BuzzFeed share holdings.
What is the role of Washington Stanley Eric at BuzzFeed (BZFD) in this filing?
In this filing, Washington Stanley Eric is identified as a director of BuzzFeed (BZFD). The report does not list him as an officer or 10% owner; it solely reflects his status as a board member with no reported share ownership.
Does the BuzzFeed (BZFD) Form 3 report any insider transactions for Washington Stanley Eric?
No. The BuzzFeed (BZFD) Form 3 shows no reported transactions for Washington Stanley Eric. All transaction-related counts, including buys, sells, exercises, and gifts, are zero, indicating this filing only establishes his position and ownership baseline.
What is the significance of Exhibit 24 in the BuzzFeed (BZFD) Form 3 for Washington Stanley Eric?
Exhibit 24 is described as a Power of Attorney related to Washington Stanley Eric’s BuzzFeed (BZFD) filing. This allows designated individuals to sign and submit certain documents on his behalf, streamlining the process of future required securities filings.