BuzzFeed (NASDAQ: BZFD) director gets 101,338 shares as RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BuzzFeed, Inc. director Adam Rothstein acquired shares through RSU vesting. On May 1, 2026, 101,338 restricted stock units (RSUs) fully vested and were settled into the same number of shares of BuzzFeed’s Class A common stock at a price of $0.00 per share.
Each RSU represented a right to receive one share of Class A common stock, contingent on Rothstein’s continued service. After this settlement, he directly owned 991,270 shares of Class A common stock. The RSUs do not expire; they either vest or are cancelled before the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
101,338 shares exercised/converted
Mixed
2 txns
Insider
Rothstein Adam
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 101,338 | $0.00 | -- |
| Exercise | Class A Common Stock | 101,338 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Stock — 991,270 shares (Direct, null)
Footnotes (1)
- 101,338 restricted stock units ("RSUs") fully vested on May 1, 2026 and were settled in shares of the Issuer's common stock. 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. The remaining 101,338 RSUs vested on the transaction date. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
RSUs vested: 101,338 units
Shares acquired via RSU settlement: 101,338 shares
Post-transaction holdings: 991,270 shares
+2 more
5 metrics
RSUs vested
101,338 units
Restricted stock units fully vested on May 1, 2026
Shares acquired via RSU settlement
101,338 shares
Class A common stock received upon RSU vesting
Post-transaction holdings
991,270 shares
Direct ownership of BuzzFeed Class A common stock after transaction
RSU settlement price
$0.00 per share
Exercise/conversion price for RSUs into Class A common stock
Derivative exercises
101,338 shares
Total exerciseShares in transaction summary for code M
Key Terms
Restricted Stock Units, RSUs, Class A common stock, derivative security
4 terms
Restricted Stock Units financial
"101,338 restricted stock units ("RSUs") fully vested on May 1, 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.
RSUs financial
"These RSUs do not expire; they either vest or are cancelled prior to the vesting date."
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.
Class A common stock financial
"were settled in shares of the Issuer's 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.
derivative security financial
"transaction_code_description": "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 BuzzFeed (BZFD) director Adam Rothstein report?
Adam Rothstein reported an acquisition via RSU vesting. On May 1, 2026, 101,338 restricted stock units fully vested and were settled in an equal number of BuzzFeed Class A common shares as part of his equity compensation.
What are the vesting terms of Adam Rothstein’s BuzzFeed (BZFD) RSUs?
Each RSU vested based on continued service. The filing states that each restricted stock unit represented a contingent right to receive one share of Class A common stock, subject to Rothstein’s continued status as a service provider until the vesting date.
Do Adam Rothstein’s BuzzFeed (BZFD) RSUs have an expiration date?
The RSUs do not have a traditional expiration date. According to the filing, these restricted stock units either vest or are cancelled prior to the vesting date, rather than expiring like standard stock options or other derivative securities.
Was Adam Rothstein’s BuzzFeed (BZFD) transaction a market purchase or sale?
The transaction was a derivative exercise, not a market trade. The Form 4 uses transaction code M, indicating exercise or conversion of a derivative security as RSUs vested into common shares at $0.00 per share.