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BuzzFeed (NASDAQ: BZFD) director’s 48,894 RSUs vest and convert to stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rothstein Adam

(Last) (First) (Middle)
C/O BUZZFEED, INC.
50 W. 23RD STREET, 6TH FLOOR

(Street)
NEW YORK NY 10010

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BuzzFeed, Inc. [ BZFD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/01/2026 M 48,894(1) A $0 889,932 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 03/01/2026 M 48,894 (3) (4) Class A Common Stock 48,894 $0 146,682 D
Explanation of Responses:
1. 48,894 restricted stock units ("RSUs") fully vested on March 1, 2026 and were settled in shares of the issuer's common stock.
2. 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.
3. 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.
4. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Remarks:
/s/ Heather Flores-Ricks, Attorney-in-Fact for Adam Rothstein 02/27/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many BuzzFeed (BZFD) RSUs vested and converted to shares?

A total of 48,894 BuzzFeed restricted stock units fully vested and were settled in shares of Class A common stock. Each RSU converted into one share, reflecting a derivative exercise/conversion rather than a cash purchase, at an exercise price of $0.00 per share.

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.
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