BuzzFeed director settles 39,062 RSUs into shares
Rhea-AI Filing Summary
BuzzFeed, Inc. (BZFD) director Sydnie Karras reported the vesting and settlement of 39,062 RSUs into the same number of shares of Class A common stock on August 26, 2026. Following this, Karras directly holds 56,062 shares of Class A common stock and 117,188 RSUs from a total award of 156,250 RSUs that continue to vest in equal quarterly installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 39,062 shares
Net Buy
2 txns
Insider
Karras Sydnie
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 — 56,062 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
Shares received from RSU settlement: 39,062 shares of Class A common stock
Common shares held after transaction: 56,062 shares
+3 more
6 metrics
RSUs vested and settled
39,062 RSUs
Fully vested on August 26, 2026 and settled in common stock
Shares received from RSU settlement
39,062 shares of Class A common stock
Issued upon settlement of vested RSUs on August 26, 2026
Common shares held after transaction
56,062 shares
Direct Class A common stock holdings following the reported transactions
Remaining RSUs
117,188 RSUs
Unvested portion of a 156,250 RSU award after 1/4 vested
Total RSU award
156,250 RSUs
Award to Sydnie Karras subject to quarterly vesting schedule
RSU settlement price per share
$0.00 per share
Reported price for 39,062 Class A shares issued on settlement
Key Terms
Restricted Stock Units, RSUs, Class A common stock, contingent right, +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.
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.
Class A common stock financial
"one share of the Issuer's 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"
service provider financial
"subject to the Reporting Person's continued status as a service provider"
FAQ
What insider equity transaction did BZFD director Sydnie Karras report?
Sydnie Karras reported that 39,062 restricted stock units (RSUs) fully vested on August 26, 2026 and were settled in 39,062 shares of BuzzFeed Class A common stock. This reflects an exercise or conversion of derivative securities, not an open-market purchase or sale.
How many RSUs remain outstanding for Sydnie Karras at BZFD and how do they vest?
Karras has 117,188 RSUs remaining from a total award of 156,250 RSUs. One-quarter vested on August 26, 2026, and the remaining RSUs vest ratably as to one-quarter of the total award on the 26th of each November, February, and May thereafter.
What does each RSU reported by BZFD for Sydnie Karras represent?
Each RSU represents a contingent right to receive one share of BuzzFeed’s Class A common stock, subject to Karras’s continued status as a service provider to BuzzFeed. The RSUs do not have an expiration date; they either vest or are cancelled before vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
