BuzzFeed (NASDAQ: BZFD) director’s 48,894 RSUs vest and convert to stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BuzzFeed, Inc. director Adam Rothstein reported the vesting and settlement of 48,894 restricted stock units (RSUs) on March 1, 2026. These RSUs fully vested and were settled into an equal number of shares of Class A common stock at no exercise price.
Each RSU represents the right to receive one share of common stock, contingent on continued service. After this vesting, 146,682 RSUs remain subject to vesting in three equal quarterly installments on the 1st of June, September, and December. The RSUs either vest on schedule or are cancelled before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
48,894 shares exercised/converted
Mixed
2 txns
Insider
Rothstein Adam
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 48,894 | $0.00 | -- |
| Exercise | Class A Common Stock | 48,894 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 146,682 shares (Direct);
Class A Common Stock — 889,932 shares (Direct)
Footnotes (1)
- 48,894 restricted stock units ("RSUs") fully vested on March 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 common stock, subject to the Reporting Person's continued status as a service provider to the Issuer. 1/4 of the award vested on the transaction date. The remaining 146,682 RSUs vest ratably as to 1/4 of the total award on the 1st of June, September and December thereafter. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
FAQ
What insider transaction did BuzzFeed (BZFD) report for Adam Rothstein?
BuzzFeed director Adam Rothstein reported the vesting and settlement of 48,894 restricted stock units into Class A common shares. The transaction reflects an equity award maturing, not an open-market stock purchase or sale, and increased his directly held common stock position.
What RSU balance remains unvested for Adam Rothstein at BuzzFeed (BZFD)?
After the March 1, 2026 vesting, 146,682 restricted stock units remain unvested for Adam Rothstein. These RSUs are scheduled to vest in three equal installments on the 1st of June, September, and December, assuming he continues as a service provider to BuzzFeed.
How do BuzzFeed (BZFD) RSUs reported in this Form 4 work?
Each BuzzFeed restricted stock unit represents a contingent right to receive one share of common stock. Vesting is conditioned on Adam Rothstein’s continued service, and the RSUs do not expire; they either vest on the scheduled dates or are cancelled beforehand.
Did Adam Rothstein buy or sell BuzzFeed (BZFD) stock in this filing?
The filing shows an exercise or conversion of derivative securities, not an open-market buy or sell. 48,894 RSUs vested and were settled into the same number of Class A common shares at no cost, classified as an acquisition through derivative exercise/conversion.
When will the remaining BuzzFeed (BZFD) RSUs for Adam Rothstein vest?
One quarter of the RSU award vested on March 1, 2026. The remaining 146,682 restricted stock units are scheduled to vest ratably in three equal installments on the 1st of June, September, and December, subject to his continued status as a service provider.