BuzzFeed (NASDAQ: BZFD) CFO settles RSUs and withholds shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BuzzFeed, Inc. CFO Matthew Omer reported routine equity compensation activity. On May 14, 2026, restricted stock units granted under the 2021 Equity Incentive Plan settled into 90,080 shares of Class A common stock on a 1-for-1 basis. To cover taxes on this vesting, 33,531 shares were withheld and disposed of. Footnotes show 142,648 RSUs from one award and 1,667 RSUs from another remain scheduled to vest in quarterly installments. The filing shows no open-market purchases or sales, only RSU settlement, derivative exercises and tax-withholding dispositions.
Positive
- None.
Negative
- None.
Insider Trade Summary
90,080 shares exercised/converted
Mixed
7 txns
Insider
Omer Matthew
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 71,322 | $0.00 | -- |
| Exercise | Restricted Stock Units | 17,091 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,667 | $0.00 | -- |
| Exercise | Class A Common Stock | 71,322 | $0.00 | -- |
| Exercise | Class A Common Stock | 17,091 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,667 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 33,531 | $1.33 | $45K |
Holdings After Transaction:
Restricted Stock Units — 142,648 shares (Direct, null);
Class A Common Stock — 406,867 shares (Direct, null)
Footnotes (1)
- These shares of Class A common stock reflect the settlement, on May 14, 2026, of restricted stock units ("RSUs") granted to the Reporting Person pursuant to the 2021 Equity Incentive Plan, each of which was converted into a share of Issuer's Class A common stock on a 1-for-1 basis. Shares withheld to pay taxes applicable to the settlement of the RSUs previously awarded to the Reporting Person to which footnote (1) refers. 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. 71,322 RSUs settled on the transaction date. The remaining 142,648 RSUs vest as to 1/12 of the total award quarterly in equal installments on the 1st of August, November, February and May thereafter. These RSUs do not expire; they either vest or are cancelled prior to the vesting date. The RSU grant vested one hundred percent of the total award on February 25, 2026. 1,667 RSUs settled on the transaction date. The remaining 1,667 RSUs vest as to 1/12 of the total award quarterly in equal installments on the 19th of May.
Key Figures
RSU shares settled: 90,080 shares
Shares withheld for taxes: 33,531 shares
RSUs remaining from main award: 142,648 RSUs
+3 more
6 metrics
RSU shares settled
90,080 shares
Class A common stock from RSU settlement on May 14, 2026
Shares withheld for taxes
33,531 shares
Tax-withholding disposition related to RSU settlement
RSUs remaining from main award
142,648 RSUs
Continue to vest quarterly on 1st of August, November, February and May
RSUs remaining from smaller award
1,667 RSUs
Vest quarterly in equal installments on the 19th of May
Total derivative exercises
90,080 shares
ExerciseShares across three M-code transactions in transactionSummary
Tax-withholding transactions
33,531 shares
TaxWithholdingShares in transactionSummary for one F-code transaction
Key Terms
restricted stock units, 2021 Equity Incentive Plan, tax-withholding disposition, contingent right, +1 more
5 terms
restricted stock units financial
"These shares of Class A common stock reflect the settlement, on May 14, 2026, of restricted stock units ("RSUs") granted to the Reporting Person"
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.
2021 Equity Incentive Plan financial
"RSUs granted to the Reporting Person pursuant to the 2021 Equity Incentive Plan, each of which was converted into a share"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock"
vest or are cancelled financial
"These RSUs do not expire; they either vest or are cancelled prior to the vesting date"
FAQ
What did BuzzFeed (BZFD) CFO Matthew Omer report in this Form 4?
He reported routine equity compensation activity. Restricted stock units vested and converted into Class A common shares, and some of those shares were withheld to pay taxes owed on the vesting, with no open-market buying or selling disclosed.
Does this BuzzFeed (BZFD) Form 4 show any open-market stock sales or purchases?
No open-market trades are shown in this Form 4. All transactions are coded as derivative exercises or tax-withholding dispositions related to RSU vesting, rather than discretionary buying or selling on the open market.
What RSU awards remain outstanding for BuzzFeed (BZFD) CFO Matthew Omer?
Two RSU awards continue vesting over time. Footnotes state 142,648 RSUs from one grant and 1,667 RSUs from another remain and are scheduled to vest in equal quarterly installments on specified calendar dates.
Under which plan were the BuzzFeed (BZFD) RSUs granted to the CFO?
The RSUs were granted under the 2021 Equity Incentive Plan. The filing explains that each restricted stock unit represents a contingent right to receive one share of BuzzFeed’s Class A common stock, subject to continued service.