BuzzFeed (BZFD) CFO settles RSUs, withholds 6,997 shares to cover taxes
Rhea-AI Filing Summary
BuzzFeed, Inc. CFO Matthew Omer reported the settlement of previously granted restricted stock units (RSUs) into Class A common stock on August 11, 2026. A total of 1,667 RSUs from one award and 17,831 RSUs from another award converted on a 1-for-1 basis into shares of Class A common stock. Of the resulting shares, 6,997 were withheld at $1.13 per share to pay taxes related to the RSU settlements. Following this activity, 124,817 RSUs from the larger award remain and are scheduled to vest in equal quarterly installments, and 575 Class A shares are held indirectly by Mr. Omer’s spouse, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,501 shares
Net Buy
6 txns
Insider
Omer Matthew
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F4, F5, F6 | 1,667 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F4, F7, F6 | 17,831 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 1,667 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 17,831 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F2 | 6,997 | $1.13 | $8K |
| holding | Class A Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 124,817 shares (Direct);
Class A Common Stock — 404,595 shares (Direct);
Class A Common Stock — 575 shares (Indirect, By spouse)
Footnotes (7)
- F1. These shares of Class A common stock reflect the settlement of restricted stock units ("RSUs") on August 11, 2026. Each RSU is convertible into a share of Issuer's Class A common stock on a 1-for-1 basis.
- F2. Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (1) refers.
- F3. Held of record by Mr. Omer's spouse. Mr. Omer may be deemed to beneficially own all of the shares held of record by his spouse; however, Mr. Omer disclaims beneficial ownership of the shares held of record by his spouse except to the extent of his pecuniary interest therein.
- F4. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock, subject to the Reporting Person's continued status as a service provider to the Issuer.
- F5. The 1,667 remaining RSUs vested on May 19, 2026 and settled on the transaction date. Following this settlement, no RSUs remain outstanding under the award.
- F6. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- F7. 17,831 RSUs settled on the transaction date. The remaining 124,817 RSUs vest as to 1/12 of the total award quarterly in equal installments on the 1st of November, February, May and August thereafter.
Key Figures
RSUs settled (award 1): 1,667 RSUs
RSUs settled (award 2): 17,831 RSUs
Shares withheld for taxes: 6,997 shares at $1.13
+3 more
6 metrics
RSUs settled (award 1)
1,667 RSUs
Remaining RSUs from one award vested May 19, 2026 and settled August 11, 2026
RSUs settled (award 2)
17,831 RSUs
RSUs that settled into Class A common stock on August 11, 2026
Shares withheld for taxes
6,997 shares at $1.13
Class A shares withheld to pay taxes on RSU settlements
Remaining RSUs under larger award
124,817 RSUs
RSUs that continue to vest quarterly in 1/12 installments
Indirect spouse holdings
575 shares
Class A shares held of record by Mr. Omer’s spouse
Derivative exercises
19,498 RSUs
Total RSUs exercised/settled as derivative transactions in this filing
Key Terms
Restricted Stock Units, beneficially own, pecuniary interest, contingent right, +1 more
5 terms
Restricted Stock Units financial
"These shares of Class A common stock reflect the settlement of restricted stock units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficially own financial
"Mr. Omer may be deemed to beneficially own all of the shares held of record by his spouse"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"disclaims beneficial ownership of the shares held of record by his spouse except to the extent of his pecuniary interest"
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock"
vest financial
"The remaining 124,817 RSUs vest as to 1/12 of the total award quarterly"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What RSU settlements did BuzzFeed (BZFD) CFO Matthew Omer report?
Matthew Omer reported settlement of 1,667 RSUs from one award and 17,831 RSUs from another into Class A common stock on August 11, 2026, each RSU converting into one share of BuzzFeed’s Class A common stock.
How many BuzzFeed (BZFD) RSUs remain outstanding for the CFO after this filing?
After the August 11, 2026 settlement of 17,831 RSUs, 124,817 RSUs remain from that award. These remaining units vest as to 1/12 of the total award quarterly on the 1st of November, February, May and August.
What is the vesting schedule of the remaining BuzzFeed (BZFD) RSUs for the CFO?
The remaining 124,817 RSUs for CFO Matthew Omer vest in equal 1/12 installments quarterly, on the 1st of November, February, May and August, subject to his continued status as a service provider.
Were any of the BuzzFeed (BZFD) CFO’s RSU awards fully settled in this transaction?
Yes. The remaining 1,667 RSUs from one award vested on May 19, 2026 and settled on August 11, 2026. After that settlement, no RSUs remain outstanding under that particular award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
