BuzzFeed (BZFD) director buys 20,833 shares in private placement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BuzzFeed, Inc. director Terence Hill acquired 20,833 shares of Class A common stock in a private placement on June 17, 2026. He bought the shares at $1.44 per share under a Securities Purchase Agreement approved by the company and exempt from registration under Section 4(a)(2). Following the transaction, he directly holds 20,833 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,833 shares ($30,000)
Net Buy
1 txn
Insider
Hill Terence
Role
null
Bought
20,833 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 20,833 | $1.44 | $30K |
Holdings After Transaction:
Class A Common Stock — 20,833 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares purchased: 20,833 shares
Purchase price: $1.44 per share
Shares owned after transaction: 20,833 shares
3 metrics
Shares purchased
20,833 shares
Class A Common Stock bought on June 17, 2026
Purchase price
$1.44 per share
Price for private placement on June 17, 2026
Shares owned after transaction
20,833 shares
Direct holdings following June 17, 2026 purchase
Key Terms
Securities Purchase Agreement, private placement transaction, Section 4(a)(2)
3 terms
Securities Purchase Agreement financial
"acquired by the Reporting Person in a private placement transaction pursuant to a Securities Purchase Agreement dated June 17, 2026"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
private placement transaction financial
"were acquired by the Reporting Person in a private placement transaction pursuant to a Securities Purchase Agreement"
Section 4(a)(2) regulatory
"The acquisition was exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 4(a)(2)"
Section 4(a)(2) is a part of U.S. securities laws that allows companies to sell their stock directly to certain investors without registering the sale with regulators. This process is often used for private placements, making it easier and faster for companies to raise money from knowledgeable or institutional investors. It matters to investors because it provides an alternative way to buy shares, often with fewer disclosures and lower costs.
FAQ
What did BuzzFeed (BZFD) director Terence Hill report on this Form 4?
Director Terence Hill reported buying 20,833 BuzzFeed Class A shares. The shares were acquired in a private placement at $1.44 per share under a Securities Purchase Agreement dated June 17, 2026.