BuzzFeed director’s RSUs vest, convert to shares
BuzzFeed, Inc. director Adam Rothstein reported the vesting and settlement of restricted stock units into Class A common stock, with no open-market sales.
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Rhea-AI Filing Summary
BuzzFeed, Inc. director Adam Rothstein reported the vesting and settlement of restricted stock units into Class A common stock, with no open-market sales. On May 26, 2026, a total of 169,964 restricted stock units (RSUs) fully vested and were settled in shares of BuzzFeed’s common stock.
The RSUs had been granted on February 12, 2026 and each RSU represented the right to receive one share of Class A common stock, conditioned on Rothstein’s continued service. The footnotes state that the vesting was accelerated in connection with the consummation of a transaction constituting a “Corporate Transaction” under BuzzFeed’s 2021 Equity Incentive Plan, meaning the award vested earlier than originally scheduled due to this corporate event.
Two RSU tranches of 146,682 and 23,283 units were exercised and converted into Class A common shares at a stated price of $0.00 per share, reflecting non-cash equity compensation rather than a market purchase. After these exercises, Rothstein continues to hold a substantial direct equity position in BuzzFeed, with no dispositions or tax-withholding sales reported in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,283 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 146,682 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 23,283 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 146,682 | $0.00 | $0.00 |
Footnotes (3)
- F1. 169,964 restricted stock units ("RSUs") fully vested on May 26, 2026 and were settled in shares of the issuer's common stock.
- F2. 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.
- F3. The reported transaction reflects the accelerated vesting. in connection with the consummation of a transaction constituting a Corporate Transaction (as defined in the Company's 2021 Equity Incentive Plan, as amended (the "Plan")), of RSUs previously granted on February 12, 2026, pursuant to the terms of the applicable award agreement and the Plan.
Key Figures
Key Terms
Restricted Stock Units financial
Corporate Transaction financial
2021 Equity Incentive Plan financial
service provider financial
FAQ
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What insider transaction did Adam Rothstein report at BuzzFeed (BZFD)?
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Why did Adam Rothstein’s BuzzFeed (BZFD) RSUs vest on May 26, 2026?
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What plan governed Adam Rothstein’s BuzzFeed (BZFD) RSU award?
AI-generated analysis. How Rhea-AI works. Not financial advice.