Allen Family Digital acquires 4M BuzzFeed (NASDAQ: BZFD) Class A shares in grant

Rhea-AI Filing Summary

BuzzFeed, Inc. reported that Allen Family Digital, LLC, an entity associated with Byron Allen Folks, received a grant or other acquisition of 4,000,000 shares of Class A common stock at $1.44 per share. After this transaction, the indirect holdings reported for this security increased to 44,000,000 shares.

The shares are held by Allen Family Digital, LLC. The filing notes that Byron Allen Folks is the sole member of Allen Family Digital, LLC and may be deemed to share beneficial ownership of the securities that the LLC holds of record.

Insights

Equity compensation and governance analyst

Large equity grant to an affiliated entity increases reported indirect holdings.

The filing shows Allen Family Digital, LLC acquired 4,000,000 shares of BuzzFeed Class A common stock at $1.44 per share through a grant or similar award, raising its reported holdings to 44,000,000 shares.

The transaction is classified as an acquisition, not an open-market purchase, and therefore reflects equity issuance or transfer rather than fresh cash investment. The footnote explains that Byron Allen Folks is the sole member of Allen Family Digital, LLC and may be deemed to share beneficial ownership, highlighting the concentration of voting and economic exposure through this affiliated entity.

As a single non-derivative grant with no accompanying sales or derivative activity, this appears as a straightforward increase in indirect ownership. The broader significance depends on how this size of stake compares with overall shares outstanding and prior ownership, which would be assessed using additional company disclosures.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Allen Family Digital, LLC, Folks Byron Allen

Role null | CEO

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	4,000,000	$1.44	$5.76M

Holdings After Transaction: Class A Common Stock — 44,000,000 shares (Indirect, See footnote)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 4,000,000 shares Price per share: $1.44 per share Total shares after transaction: 44,000,000 shares +2 more

5 metrics

Shares acquired 4,000,000 shares Class A Common Stock grant at $1.44 per share

Price per share $1.44 per share Grant, award, or other acquisition

Total shares after transaction 44,000,000 shares Indirect holdings of Class A Common Stock

Transaction code A Grant, award, or other acquisition of non-derivative securities

Transaction date 2026-06-17 Date of non-derivative acquisition

Key Terms

Grant, award, or other acquisition, beneficial ownership, ten percent owner, indirect ownership

4 terms

Grant, award, or other acquisition financial

"Transaction code description is “Grant, award, or other acquisition” for the 4,000,000 shares."

beneficial ownership regulatory

"Byron Allen Folks may be deemed to share beneficial ownership of the securities held by Allen Family Digital, LLC."

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.

ten percent owner regulatory

"Allen Family Digital, LLC is identified as a director and ten percent owner of BuzzFeed, Inc."

indirect ownership financial

"The transaction is reported as indirect with nature of ownership described in a footnote."

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Form 4 Insider Transactions: What Each Field Means →

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^*

Allen Family Digital, LLC

(Last) (First) (Middle)

9903 SANTA MONICA BL. #418

(Street)

BEVERLY HILLS CALIFORNIA 90212

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BuzzFeed, Inc. [ BZFD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/17/2026		A		4,000,000	A	$1.44	44,000,000	I	See footnote(1)

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

1. Name and Address of Reporting Person^*

Allen Family Digital, LLC

(Last) (First) (Middle)

9903 SANTA MONICA BL. #418

(Street)

BEVERLY HILLS CALIFORNIA 90212

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Folks Byron Allen

(Last) (First) (Middle)

9903 SANTA MONICA BL. #418

(Street)

BEVERLY HILLS CALIFORNIA 90212

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

Explanation of Responses:

1. 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.

	Allen Family Digital, LLC, By: /s/ Byron Allen Folks, Manager	06/22/2026
	/s/ Byron Allen Folks	06/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BuzzFeed (BZFD) report in this Form 4?

BuzzFeed reported that Allen Family Digital, LLC acquired 4,000,000 shares of Class A common stock at $1.44 per share. The transaction is coded as a grant or other acquisition, increasing the entity’s indirect holdings to 44,000,000 shares after the transaction.

Who is Allen Family Digital, LLC in relation to BuzzFeed (BZFD)?

Allen Family Digital, LLC is a reporting person and ten percent owner of BuzzFeed’s Class A common stock. A filing footnote states Byron Allen Folks is the sole member of Allen Family Digital, LLC and may be deemed to share beneficial ownership of its securities.

Was the BuzzFeed (BZFD) insider transaction an open-market buy or a grant?

The transaction was reported with code “A,” described as a grant, award, or other acquisition, not an open-market purchase. It reflects 4,000,000 BuzzFeed Class A shares being acquired at $1.44 per share, increasing reported indirect holdings to 44,000,000 shares after the transaction.

How many BuzzFeed (BZFD) shares does Allen Family Digital hold after this transaction?

After the reported acquisition, Allen Family Digital, LLC holds 44,000,000 shares of BuzzFeed Class A common stock indirectly. This total includes the newly acquired 4,000,000-share grant at $1.44 per share, as disclosed as total shares following the transaction in the filing.

What is Byron Allen Folks’ connection to the BuzzFeed (BZFD) shares reported?

Byron Allen Folks is listed as a reporting person, director, CEO, and ten percent owner. A footnote explains he is the sole member of Allen Family Digital, LLC and may be deemed to share beneficial ownership of the BuzzFeed Class A shares that the LLC holds of record.