BuzzFeed (BZFD) CLO David Arroyo gains shares from RSU vesting
Rhea-AI Filing Summary
BuzzFeed, Inc. CLO David Arroyo reported routine equity compensation activity tied to restricted stock units (RSUs). On May 14, 2026, RSU awards vested and were settled into 114,329 shares of Class A common stock, reflecting compensation rather than open‑market buying.
To cover taxes on this vesting, 46,550 shares were withheld at $1.33 per share, a standard tax-withholding disposition that is not a market sale. After these transactions, Arroyo directly holds 228,783 shares of Class A common stock.
Footnotes state that 71,811 RSUs settled on the transaction date and 143,627 RSUs remain scheduled to vest in equal quarterly installments, while an additional 25,146 RSUs are scheduled to vest on May 19, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 71,811 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 17,372 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 25,146 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 71,811 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 17,372 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 25,146 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 46,550 | $1.33 | $62K |
Footnotes (8)
- F1. These shares of Class A common stock reflect the vesting of restricted stock units ("RSUs") on May 14, 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. 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.
- F4. 71,811 RSUs settled on the transaction date. The remaining 143,627 RSUs vest as to 1/12 of the total award quarterly in equal installments on the 1st of August, November, February and May thereafter.
- F5. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- F6. The RSU grant vested one hundred percent of the total award on February 25, 2026.
- F7. 25,146 RSUs vested in February 2026 and settled on the transaction date. The remaining 25,146 RSUs will vest on May 19, 2026.
- F8. Not applicable.
Key Figures
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
derivative security financial
contingent right financial
service provider financial
AI-generated analysis. How Rhea-AI works. Not financial advice.