BuzzFeed director settles 39K RSUs into shares
Rhea-AI Filing Summary
BuzzFeed, Inc. (BZFD) director Chris Malone reported the vesting of 39,062 Restricted Stock Units (RSUs) on August 26, 2026, which were settled into 39,062 shares of Class A common stock. Following this conversion, Malone directly holds 56,423 shares of Class A common stock and retains 117,188 unvested RSUs from the original 156,250-unit award, which continue to vest in equal quarterly installments.
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Insider Trade Summary
Net Buyer: 39,062 shares
Net Buy
2 txns
Insider
Malone Chris
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 — 56,423 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
Class A common stock holdings after transaction: 56,423 shares
Unvested RSUs remaining: 117,188 RSUs
+2 more
5 metrics
RSUs vested and settled
39,062 RSUs / 39,062 shares
RSUs fully vested and were settled in shares on August 26, 2026
Class A common stock holdings after transaction
56,423 shares
Directly held by Chris Malone following the August 26, 2026 conversion
Unvested RSUs remaining
117,188 RSUs
Remaining portion of a 156,250 RSU award after 39,062 vested on August 26, 2026
Total RSU award
156,250 RSUs
Original RSU grant referenced in the vesting schedule footnote
RSU-to-share conversion ratio
1 RSU : 1 share
Each RSU represents a contingent right to receive one share of Class A common stock
Key Terms
Restricted Stock Units, Class A common stock, contingent right, derivative security
4 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
"were 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"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did BZFD director Chris Malone report on August 26, 2026?
Chris Malone reported the vesting and settlement of 39,062 RSUs into 39,062 shares of Class A common stock on August 26, 2026, through an exercise or conversion of a derivative security reported under transaction code M.
How many Restricted Stock Units does Chris Malone still have with BuzzFeed (BZFD)?
Chris Malone retains 117,188 RSUs from the original 156,250 RSU award. The filing states that one-quarter vested on August 26, 2026 and the remaining units vest ratably on the 26th of each November, February and May thereafter.
What does the transaction code M mean in the BZFD Form 4 for Chris Malone?
Transaction code M indicates an exercise or conversion of a derivative security. Here it reflects the conversion of 39,062 RSUs into 39,062 shares of BuzzFeed’s Class A common stock at a reported price of $0.00 per share.
Were Chris Malone’s BuzzFeed (BZFD) RSUs subject to service conditions?
Yes. Each RSU represents a contingent right to receive one share of BuzzFeed Class A common stock, subject to Malone’s continued status as a service provider to the company, as described in the footnotes.
Do Chris Malone’s BuzzFeed (BZFD) RSUs have an expiration date?
The filing states that these RSUs do not expire; they either vest according to the schedule or are cancelled prior to the vesting date. There is no separate expiration date for the RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
