BuzzFeed holder gets 1.7M-share grant at $1.06
BuzzFeed, Inc. (BZFD) reported that Allen Family Digital, LLC received a grant or award of 1,700,000 shares of Class A Common Stock on September 11, 2026 at $1.06 per share.
Rhea-AI Filing Summary
BuzzFeed, Inc. (BZFD) reported that Allen Family Digital, LLC received a grant or award of 1,700,000 shares of Class A Common Stock on September 11, 2026 at $1.06 per share. Following this acquisition, Allen Family Digital, LLC holds 45,700,000 shares indirectly, with Byron Allen Folks as its sole member who may be deemed to share beneficial ownership.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Grant/Award: 1,700,000 shares
Grant/Award
1 txn
Insider
Allen Family Digital, LLC, Folks Byron Allen
Role
Director, 10% Owner | CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 1,700,000 | $1.06 | $1.80M |
Holdings After Transaction:
Class A Common Stock — 45,700,000 shares (Indirect, See footnote)
Footnotes (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
Shares acquired: 1,700,000 shares
Acquisition price per share: $1.06 per share
Post-transaction holdings: 45,700,000 shares
3 metrics
Shares acquired
1,700,000 shares
Grant or award of BuzzFeed Class A Common Stock on September 11, 2026
Acquisition price per share
$1.06 per share
Price for the 1,700,000 Class A shares acquired on September 11, 2026
Post-transaction holdings
45,700,000 shares
Total BuzzFeed Class A shares held indirectly by Allen Family Digital, LLC after the transaction
Key Terms
Class A Common Stock, beneficial ownership, indirect, grant, award, or other acquisition
4 terms
Class A Common Stock financial
"reported a grant of Class A Common Stock on September 11, 2026"
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.
beneficial ownership financial
"may be deemed to share beneficial ownership of the securities held"
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.
indirect financial
"ownership as indirect, with the nature of ownership referencing a footnote"
grant, award, or other acquisition financial
"classified as a grant, award, or other acquisition transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BuzzFeed (BZFD) disclose for Allen Family Digital, LLC?
BuzzFeed disclosed that Allen Family Digital, LLC received a grant or award of 1,700,000 shares of Class A Common Stock on September 11, 2026, classified as an acquisition of non-derivative securities.
What is Byron Allen Folks’ relationship to Allen Family Digital, LLC in the BuzzFeed (BZFD) filing?
The footnote states that Byron Allen Folks is the sole member of Allen Family Digital, LLC and may be deemed to share beneficial ownership of the securities held of record by Allen Family Digital, LLC.
Was the BuzzFeed (BZFD) insider transaction under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, so no Rule 10b5-1 trading plan is reported in connection with this 1,700,000-share grant.
Is the BuzzFeed (BZFD) ownership reported as direct or indirect in this Form 4?
The Form 4 reports the ownership as indirect, with the nature of ownership referencing a footnote explaining that the securities are held by Allen Family Digital, LLC, associated with Byron Allen Folks.
AI-generated analysis. How Rhea-AI works. Not financial advice.