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[Form 4] BuzzFeed, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

BuzzFeed, Inc. (BZFD) reported an insider equity event for Chief Legal Officer David Arroyo. On 11/11/2025, 25,144 RSUs settled, converting into Class A common stock on a 1-for-1 basis. To cover taxes tied to the vesting, 10,134 shares were withheld at a price of $1.06 per share.

Following these transactions, Arroyo beneficially owns 147,326 Class A shares directly, with 75,436 RSUs remaining. Per the award’s terms, the remaining RSUs vest as to 1/12 of 301,724 units in equal quarterly installments on the 19th of each November, February, and May thereafter.

Positive
  • None.
Negative
  • None.

Insights

Routine RSU vesting with tax withholding; neutral impact.

The filing shows standard equity compensation mechanics: 25,144 RSUs converted into Class A shares and 10,134 shares withheld to satisfy taxes at $1.06. These are non-cash administrative steps tied to a previously granted award and do not indicate open-market buying or selling.

Post-transaction, the officer holds 147,326 shares and 75,436 unvested RSUs. Future issuance depends on continued service and the award’s vesting cadence. Actual market impact, if any, would stem from future vesting and holder decisions under the plan terms.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Arroyo David

(Last) (First) (Middle)
50 W. 23RD STREET, 6TH FLOOR

(Street)
NEW YORK NY 10010

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BuzzFeed, Inc. [ BZFD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CLO
3. Date of Earliest Transaction (Month/Day/Year)
11/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/11/2025 M 25,144(1) A $0 157,460 D
Class A Common Stock 11/11/2025 F 10,134(2) D $1.06 147,326 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (3) 11/11/2025 M 25,144 (4) (5) Class A Common Stock 25,144 $0 75,436 D
Explanation of Responses:
1. These shares of Class A common stock reflect the settlement, on November 11, 2025, of restricted stock unites ("RSUs") granted to the Reporting Person pursuant to the 2021 Equity Incentive Plan, each of which was converted into a share of the Issuer's Class A common stock on a 1-for-1 basis.
2. Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (1) refers.
3. 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.
4. 25,144 RSUs settled on November 11, 2025. The remaining 75,436 RSUs vest as to 1/12 of the total award of 301,724 RSUs quarterly in equal installments on the 19th of each November, February, and May thereafter.
5. These RSUs do not expire, they either vest or are cancelled prior to the vesting date.
Remarks:
/s/ Heather Flores-Ricks, Attorney-in-Fact for David Arroyo 11/13/2025
** 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 4 (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.
BUZZFEED INC

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Internet Content & Information
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United States
NEW YORK