BuzzFeed insider converts 1,309,354 Class B shares
BuzzFeed, Inc. insider entity Jonah Peretti, LLC converted 1,309,354 shares of Class B Common Stock into 1,309,354 shares of Class A Common Stock.
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Rhea-AI Filing Summary
BuzzFeed, Inc. insider entity Jonah Peretti, LLC converted 1,309,354 shares of Class B Common Stock into 1,309,354 shares of Class A Common Stock. The conversion occurred on May 26, 2026 at a one-for-one ratio under BuzzFeed’s Second Amended and Restated Certificate of Incorporation.
Following the transaction, Jonah Peretti, LLC holds 1,309,354 shares of Class A Common Stock indirectly owned by Jonah Peretti as managing member. The corresponding Class B position reported by Jonah Peretti, LLC was reduced to zero.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 1,309,354 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 1,309,354 | $0.00 | $0.00 |
Footnotes (3)
- F1. On May 26, 2026, Jonah Peretti, LLC, as registered holder of record of 1,309,354 shares of Class B Common Stock, par value $0.0001 per share, of BuzzFeed, Inc. (the "Company"), converted, pursuant to Article V, Section 1.1 of the Second Amended and Restated Certificate of Incorporation of the Company, all shares of Class B Common Stock held by Jonah Peretti, LLC into shares of Class A Common Stock, par value $0.0001 per share, at a ratio of one share of Class A Common Stock for each share of Class B Common Stock (the "Conversion"). The total number of shares of Class A Common Stock issued to Jonah Peretti, LLC was equal to the number of shares of Class B Common Stock owned by Jonah Peretti, LLC on the books and records of the Company as of May 26, 2026.
- F2. Reflects the Conversion of 1,309,354 shares of Class B Common Stock into an equal number of shares of Class A Common Stock pursuant to the transaction described in footnote 1 above.
- F3. These shares are owned directly by Jonah Peretti, LLC and indirectly by Jonah Peretti as the managing member of Jonah Peretti, LLC.
Key Figures
Key Terms
Class B Common Stock financial
Class A Common Stock financial
Conversion of derivative security financial
Second Amended and Restated Certificate of Incorporation regulatory
indirectly financial
FAQ
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What insider transaction did BuzzFeed (BZFD) report for Jonah Peretti, LLC?
Was there a cash price involved in the BuzzFeed insider conversion reported here?
Did this BuzzFeed (BZFD) Form 4 reflect any open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.