BuzzFeed (BZFD) CLO settles 25,144 RSUs, withholds shares for taxes

Rhea-AI Filing Summary

BuzzFeed, Inc. CLO David Arroyo reported equity compensation activity involving restricted stock units (RSUs) and Class A common stock. On March 9, 2026, 25,144 RSUs were settled into 25,144 shares of Class A common stock at no cash exercise price, reflecting routine vesting.

To cover taxes on this RSU settlement, 11,466 Class A shares were withheld, a non-market disposition that does not represent an open-market sale. After these transactions, Arroyo directly held 161,004 shares of Class A common stock and 50,292 RSUs. According to the vesting schedule, one-half of the remaining 50,292 RSUs vested in February 2026 and will settle on the company’s next equity release date, while the other half is scheduled to vest on May 19, 2026, contingent on continued service.

Insights

Equity compensation analyst

Routine RSU vesting with tax withholding; no open-market trading.

BuzzFeed CLO David Arroyo settled 25,144 RSUs into an equal number of Class A common shares on March 9, 2026. This is coded as an exercise/conversion event, typical for time-vested restricted stock units granted as compensation.

To satisfy tax obligations on the vesting, 11,466 shares were withheld, coded as a tax-withholding disposition rather than an open-market sale. Following these entries, Arroyo directly holds 161,004 Class A shares and 50,292 RSUs, with half of those RSUs already vested and the other half scheduled to vest on May 19, 2026.

The absence of open-market purchases or sales and the continued sizable equity and RSU position suggest routine compensation and tax mechanics rather than a change in outlook. Future company filings around the stated vesting and settlement dates may provide additional detail on subsequent RSU settlements.

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

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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)
03/09/2026

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	03/09/2026		M		25,144(1)	A	$0	172,470	D
Class A Common Stock	03/09/2026		F		11,466(2)	D	$0	161,004	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)	03/09/2026		M			25,144	(4)	(5)	Class A Common Stock	25,144	$0	50,292	D

Explanation of Responses:

1. These shares of Class A common stock reflect the settlement of restricted stock units ("RSUs") on March 9, 2026. Each RSU is convertible into a share of 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. 1/2 of the remaining 50,292 RSUs vested in February 2026 and will settle on the Company's next equity release date. The remaining 1/2 of the RSUs will vest on May 19, 2026.

5. Not applicable.

Remarks:

	/s/ Heather Flores-Ricks, Attorney-in-Fact for David Arroyo	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did BuzzFeed (BZFD) CLO David Arroyo report?

David Arroyo reported settlement of 25,144 restricted stock units into an equal number of BuzzFeed Class A common shares on March 9, 2026. This reflects routine equity compensation vesting rather than an open-market stock purchase or sale.

How many BuzzFeed (BZFD) shares were withheld for taxes in Arroyo’s Form 4?

The filing shows 11,466 BuzzFeed Class A common shares were withheld to pay taxes related to the RSU settlement. This tax-withholding disposition is a mechanical step and does not represent an open-market sale of shares by Arroyo.

How many BuzzFeed (BZFD) shares does David Arroyo hold after this Form 4?

After the reported transactions, David Arroyo directly holds 161,004 shares of BuzzFeed Class A common stock. This total reflects both the newly settled RSU shares and the shares withheld for taxes as disclosed in the Form 4 filing.

How many restricted stock units does Arroyo still have at BuzzFeed (BZFD)?

The Form 4 shows David Arroyo has 50,292 remaining restricted stock units. Half of these RSUs vested in February 2026 and will settle on the next equity release date, while the other half is scheduled to vest on May 19, 2026, subject to continued service.

Were there any open-market stock sales or buys by Arroyo in this BuzzFeed (BZFD) Form 4?

No open-market purchases or sales are reported. The transactions consist of RSU settlement into Class A common shares and shares withheld for taxes. The disposition coded “F” reflects tax payment, not an open-market sale of BuzzFeed stock.

What is the vesting schedule of David Arroyo’s remaining BuzzFeed (BZFD) RSUs?

According to the footnotes, half of Arroyo’s remaining 50,292 RSUs vested in February 2026 and will settle on the company’s next equity release date. The other half will vest on May 19, 2026, contingent on his continued status as a service provider.