Allen Family Digital reports 53% stake in BuzzFeed

Allen Family Digital, LLC and Byron Allen Folks report majority ownership of BuzzFeed, Inc.’s Class A common stock.

Rhea-AI Filing Summary

Allen Family Digital, LLC and Byron Allen Folks report majority ownership of BuzzFeed, Inc.’s Class A common stock. Following a June 17, 2026 share purchase, Allen Family Digital holds 44,000,000 shares, or about 53.0% of BuzzFeed’s outstanding Class A shares, based on 83,084,379 shares outstanding after the transaction.

On June 17, 2026, Allen Family Digital bought 4,000,000 Class A shares at $1.44 per share, for total consideration of $5.76 million, using working capital, under a Share Purchase Agreement with BuzzFeed. Byron Allen Folks, as sole member of Allen Family Digital, may be deemed to share beneficial ownership and voting and dispositive power over these shares.

Insights

Equity ownership and control specialist

Allen Family Digital discloses a 53% controlling stake in BuzzFeed.

Allen Family Digital, LLC now reports beneficial ownership of 44,000,000 Class A shares of BuzzFeed, Inc., representing about 53.0% of the 83,084,379 shares outstanding after a June 2026 offering. This Schedule 13D amendment formalizes a clear majority position.

On June 17, 2026, the entity purchased 4,000,000 shares at $1.44 per share, for aggregate consideration of $5.76 million, funded with working capital. Byron Allen Folks, as sole member of Allen Family Digital, may be deemed to share beneficial ownership and voting and dispositive power over these shares.

The filing indicates shared voting and dispositive power over all 44,000,000 shares, with no sole power reported. Subsequent company filings may provide further context on how this majority stake influences governance, strategic decisions, or future capital transactions.

Key Figures

New shares purchased: 4,000,000 shares Purchase price per share: $1.44 per share Aggregate consideration: $5.76 million +3 more

6 metrics

New shares purchased 4,000,000 shares Class A common stock bought on June 17, 2026

Purchase price per share $1.44 per share Price for June 17, 2026 share purchase

Aggregate consideration $5.76 million Total paid for 4,000,000 Class A shares

Beneficially owned shares 44,000,000 shares Class A shares held by Allen Family Digital

Ownership percentage 53.0% Percent of BuzzFeed Class A outstanding after offering

Shares outstanding 83,084,379 shares BuzzFeed Class A outstanding after June 17, 2026 offering

Key Terms

beneficial ownership, Share Purchase Agreement, Schedule 13D, dispositive power, +1 more

5 terms

beneficial ownership financial

"The ownership information set forth herein represents beneficial ownership of the Class A Common Stock"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Share Purchase Agreement financial

"the Issuer entered into a Share Purchase Agreement (the "June 2026 Share Purchase Agreement") with AFD"

A share purchase agreement is a written contract that outlines the terms and conditions for buying and selling shares of a company. It specifies details like the price, number of shares, and any special conditions, ensuring both buyer and seller agree on the transaction. For investors, it provides clarity and legal protection, making sure the purchase is clear and enforceable.

Schedule 13D regulatory

"amends and supplements the Statement on filed with the on May 29, 2026"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

dispositive power financial

"Sole Dispositive Power 0.00 10 | Shared Dispositive Power 44,000,000.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

working capital financial

"AFD used working capital to purchase the Class A Common Stock."

Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake in BuzzFeed (BZFD) does Allen Family Digital now report?

Allen Family Digital reports beneficial ownership of 44,000,000 Class A BuzzFeed shares, representing about 53.0% of the outstanding Class A stock, based on 83,084,379 shares outstanding following the June 17, 2026 offering.

How many BuzzFeed (BZFD) shares did Allen Family Digital recently purchase?

On June 17, 2026, Allen Family Digital purchased 4,000,000 BuzzFeed Class A shares. The shares were acquired directly from the company under a Share Purchase Agreement described as an offering in the Schedule 13D amendment.

What price did Allen Family Digital pay per BuzzFeed (BZFD) share?

Allen Family Digital paid $1.44 per share for the 4,000,000 BuzzFeed Class A shares. This results in total consideration of $5.76 million for the new shares acquired in the June 17, 2026 offering.

How much did Allen Family Digital invest in BuzzFeed (BZFD) in June 2026?

Allen Family Digital invested $5.76 million in BuzzFeed by purchasing 4,000,000 Class A shares at $1.44 per share. The investment was funded with working capital as disclosed in the Schedule 13D amendment.

What is Byron Allen Folks’ relationship to Allen Family Digital’s BuzzFeed (BZFD) stake?

Byron Allen Folks is the sole member of Allen Family Digital, LLC. Because Allen Family Digital holds 44,000,000 BuzzFeed Class A shares, he may be deemed to share beneficial ownership, including shared voting and dispositive power over these securities.

How many BuzzFeed (BZFD) shares are outstanding after the June 2026 offering?

The filing states that 83,084,379 BuzzFeed Class A common shares are outstanding following the closing of the June 17, 2026 offering. Allen Family Digital’s 44,000,000 shares are measured against this total to calculate its 53.0% ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/22/2026 - 05:42 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

BuzzFeed, Inc.

(Name of Issuer)

Class A Common Stock, $0.0001 par value per share

(Title of Class of Securities)

12430A300

(CUSIP Number)

Byron Allen Folks
9903 Santa Monica Bl., #418
Beverly Hills, CA, 90212
(310) 277-3500

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

06/17/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 12430A300

1

Name of reporting person

Allen Family Digital, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 44,000,000.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 44,000,000.00

11

Aggregate amount beneficially owned by each reporting person

44,000,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

53.0 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Limited Liability Company

SCHEDULE 13D

CUSIP Number(s): 12430A300

1

Name of reporting person

Byron Allen Folks

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 44,000,000.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 44,000,000.00

11

Aggregate amount beneficially owned by each reporting person

44,000,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

53.0 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A Common Stock, $0.0001 par value per share
(b)	Name of Issuer: BuzzFeed, Inc.
(c)	Address of Issuer's Principal Executive Offices: 50 West 23rd Street, 6th Floor, New York, NEW YORK , 10010.
Item 1 Comment: This Amendment No. 1 to Schedule 13D (this "Amendment No. 1") amends and supplements the Statement on Schedule 13D filed with the United States Securities and Exchange Commission on May 29, 2026 (as amended to date, the "Schedule 13D"), relating to the Class A Common Stock of BuzzFeed, Inc. (the "Issuer"). Capitalized terms used herein without definition shall have the meaning set forth in the Schedule 13D.
Item 3.	Source and Amount of Funds or Other Consideration
	Item 3 of the Schedule 13D is hereby amended and supplemented as follows: On June 17, 2026, in connection with the closing of the Offering (as defined below), AFD purchased 4,000,000 shares of Class A Common Stock at a purchase price of $1.44 per share of Class A Common Stock, for aggregate consideration of $5.76 million. AFD used working capital to purchase the Class A Common Stock.
Item 4.	Purpose of Transaction
	Item 4 of the Schedule 13D is hereby amended and supplemented as follows: June 2026 Share Purchase Agreement On June 17, 2026, the Issuer entered into a Share Purchase Agreement (the "June 2026 Share Purchase Agreement") with AFD, pursuant to which the Issuer agreed to sell to AFD a total of 4,000,000 shares of Class A Common Stock at a purchase price of $1.44 per share of Class A Common Stock (the "Offering"). The Offering closed on June 17, 2026. The foregoing description of the June 2026 Share Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to such agreement, which is attached as an exhibit to this Schedule 13D and incorporated herein by reference.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows: The ownership information set forth herein represents beneficial ownership of the Class A Common Stock as of the date hereof, based upon 83,084,379 shares of Class A Common Stock outstanding following the closing of the Offering. AFD is the record holder of 44,000,000 shares of Class A Common Stock, representing approximately 53.0% of the outstanding Class A Common Stock. Byron Allen Folks is the sole member of AFD, and as a result, may be deemed to share beneficial ownership of the securities held of record by AFD.
(b)	Sole power to vote or to direct the vote: 0 Shared power to vote or to direct the vote: 44,000,000 Sole power to dispose or to direct the disposition: 0 Shared power to dispose or to direct the disposition: 44,000,000
(c)	Except as otherwise disclosed in Items 3 and 4 herein, none of the Reporting Persons has effected any transactions in the Class A Common Stock since the Schedule 13D was filed on May 29, 2026.
(d)	None.
(e)	Not applicable.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	The information in Item 4 is incorporated by reference herein. Except as set forth herein, none of the Reporting Persons has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including, but not limited to, any contracts, arrangements, understandings or relationships concerning the transfer or voting of such securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies.
Item 7.	Material to be Filed as Exhibits.
	Exhibit 99.6: Share Purchase Agreement, dated June 17, 2026 by and among BuzzFeed, Inc. and Allen Family Digital, LLC. (incorporated by reference to Exhibit 10.1 to the Issuer's Current Report on Form 8-K filed on June 22, 2026).

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Allen Family Digital, LLC

Signature:	/s/ Byron Allen Folks
Name/Title:	Byron Allen Folks, Manager
Date:	06/22/2026

Byron Allen Folks

Signature:	/s/ Byron Allen Folks
Name/Title:	Byron Allen Folks
Date:	06/22/2026