BuzzFeed director Hill settles 39,062 RSUs
Rhea-AI Filing Summary
BuzzFeed, Inc. (BZFD) director Terence Hill reported the vesting and settlement of restricted stock units. On August 26, 2026, 39,062 RSUs fully vested and were settled into 39,062 shares of Class A common stock, increasing his directly held common shares to 59,895 and leaving 117,188 RSUs from the original 156,250-unit award unvested.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 39,062 shares
Net Buy
2 txns
Insider
Hill Terence
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3, F4 | 39,062 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 39,062 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 117,188 shares (Direct);
Class A Common Stock — 59,895 shares (Direct)
Footnotes (4)
- F1. 39,062 restricted stock units ("RSUs") fully vested on August 26, 2026 and were settled in shares of the Issuer's common stock.
- F2. 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.
- F3. 1/4 of the award vested on August 26, 2026. The remaining 117,188 RSUs vest ratably as to 1/4 of the total award of 156,250 RSUs on the 26th of each November, February and May thereafter.
- F4. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
RSUs vested and settled: 39,062 RSUs / 39,062 shares
Common shares held after transaction: 59,895 shares
RSUs remaining unvested: 117,188 RSUs
+2 more
5 metrics
RSUs vested and settled
39,062 RSUs / 39,062 shares
Fully vested and settled into Class A common stock on August 26, 2026
Common shares held after transaction
59,895 shares
Direct Class A common stock holdings following August 26, 2026 settlement
RSUs remaining unvested
117,188 RSUs
Remaining from total 156,250-RSU award after 1/4 vested on August 26, 2026
Total original RSU award
156,250 RSUs
Award subject to vesting schedule on August 26, November 26, February 26 and May 26
Transaction price per share
$0.0000
Reported for both RSU conversion and resulting common stock on August 26, 2026
Key Terms
Restricted Stock Units, Class A common stock, contingent right, vested, +1 more
5 terms
Restricted Stock Units financial
"39,062 restricted stock units ("RSUs") fully vested on August 26, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A common stock financial
"settled in shares of the Issuer's common stock ... Class A common stock"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share"
vested financial
"39,062 restricted stock units ("RSUs") fully vested on August 26, 2026"
service provider financial
"subject to the Reporting Person's continued status as a service provider"
FAQ
What insider equity transaction did BZFD director Terence Hill report?
Terence Hill reported that 39,062 RSUs vested on August 26, 2026 and were settled into 39,062 shares of BuzzFeed Class A common stock as part of a 156,250-RSU award.
How many BuzzFeed (BZFD) RSUs remain unvested for Terence Hill after this Form 4?
After the August 26, 2026 vesting, 117,188 RSUs from Terence Hill’s original 156,250-unit award remain unvested and are scheduled to vest ratably on the 26th of each November, February and May thereafter.
What does each RSU reported by Terence Hill in BZFD represent?
Each RSU represents a contingent right to receive one share of BuzzFeed’s Class A common stock, subject to Terence Hill’s continued status as a service provider to the company.
Do Terence Hill’s BuzzFeed RSUs expire if they do not vest?
The filing states that these RSUs do not expire; they either vest or are cancelled prior to the vesting date, depending on continued service and plan conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
