BuzzFeed (BZFD) chief Jonah Peretti settles RSUs, withholds shares for taxes
Rhea-AI Filing Summary
BuzzFeed, Inc. insider Jonah Peretti, President of BuzzFeed AI and a director, reported settlement of 6,363 Restricted Stock Units (RSUs) into an equal number of Class A common shares on August 11, 2026. 2,621 shares were withheld at $1.13 per share to pay taxes. Peretti continues to hold 44,545 RSUs that vest quarterly and 1,309,354 Class A shares indirectly through Jonah Peretti, LLC.
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Insider Trade Summary
Net Buyer: 3,742 shares
Net Buy
4 txns
Insider
Peretti Jonah
Role
President of BuzzFeed AI
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F4, F5, F6 | 6,363 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 6,363 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F2 | 2,621 | $1.13 | $3K |
| holding | Class A Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 44,545 shares (Direct);
Class A Common Stock — 24,736 shares (Direct);
Class A Common Stock — 1,309,354 shares (Indirect, By Jonah Peretti, LLC)
Footnotes (6)
- F1. These shares of Class A common stock reflect the settlement of restricted stock units ("RSUs") on August 11, 2026. Each RSU is convertible into a share of Issuer's Class A common stock on a 1-for-1 basis.
- F2. Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (1) refers.
- F3. These shares are owned directly by Jonah Peretti, LLC and indirectly by Jonah Peretti as the managing member of Jonah Peretti, LLC.
- F4. 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.
- F5. 6,363 RSUs settled on the transaction date. The remaining 44,545 RSUs vest as to 1/12 of the total award quarterly in equal installments on the 1st of November, February, May and August thereafter.
- F6. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
RSUs settled: 6,363 RSUs
Shares withheld for taxes: 2,621 shares
Tax withholding price: $1.13 per share
+3 more
6 metrics
RSUs settled
6,363 RSUs
RSUs converted into Class A common stock on August 11, 2026
Shares withheld for taxes
2,621 shares
Class A shares withheld at $1.13 per share to pay tax liability
Tax withholding price
$1.13 per share
Price used for 2,621 withheld Class A shares
Remaining RSUs
44,545 RSUs
Unvested RSUs remaining after 6,363 settled on August 11, 2026
Indirect Class A holdings
1,309,354 shares
Class A shares held indirectly through Jonah Peretti, LLC
Direct RSU holding after settlement
44,545 RSUs
Total RSUs reported following the derivative transaction
Key Terms
Restricted Stock Units, RSUs, indirectly, contingent right, +1 more
5 terms
Restricted Stock Units financial
"These shares of Class A common stock reflect the settlement of restricted stock units"
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.
RSUs financial
"Each RSU represents a contingent right to receive one share"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
indirectly financial
"These shares are owned directly by Jonah Peretti, LLC and indirectly by Jonah Peretti"
contingent right financial
"Each RSU represents a contingent right to receive one share"
withheld to pay taxes financial
"Shares withheld to pay taxes applicable to the settlement of the RSUs"
FAQ
What insider transaction did BZFD’s Jonah Peretti report on August 11, 2026?
Jonah Peretti reported the settlement of 6,363 RSUs into the same number of BuzzFeed Class A shares on August 11, 2026. The filing shows these RSUs converted 1-for-1 into common stock as part of his equity compensation.
How many RSUs does Jonah Peretti still hold at BuzzFeed (BZFD)?
After 6,363 RSUs settled, 44,545 RSUs remain outstanding for Jonah Peretti. These RSUs vest in quarterly installments on the 1st of November, February, May, and August, subject to his continued service.
What indirect BuzzFeed (BZFD) holdings does Jonah Peretti report?
Jonah Peretti reports 1,309,354 Class A shares held indirectly through Jonah Peretti, LLC. A footnote states these shares are owned directly by the LLC and indirectly by him as its managing member.
Was Jonah Peretti’s BuzzFeed (BZFD) RSU transaction under a 10b5-1 plan?
The filing’s 10b5-1 checkbox is not checked, and no footnote mentions a Rule 10b5-1 trading plan. The reported RSU settlement and tax withholding appear as standard equity compensation events.
What is the conversion ratio for Jonah Peretti’s BuzzFeed (BZFD) RSUs?
Each RSU represents a contingent right to receive one share of BuzzFeed Class A common stock. The footnotes specify a 1-for-1 conversion upon settlement, subject to his continued service with the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
