STOCK TITAN

BuzzFeed sells 4.3M shares to Allen Family Digital

After closing, Allen Family Digital held 50,000,000 shares, representing approximately 55.7% of BuzzFeed’s outstanding Class A common stock.

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

BuzzFeed, Inc. sold 4,300,000 shares of Class A common stock to Allen Family Digital, LLC on September 23, 2026, at $1.09 per share, for aggregate consideration of $4,687,000. Allen Family Digital used working capital for the purchase. Following the closing, the LLC held of record 50,000,000 shares, representing approximately 55.7% of the 89,767,227 shares of Class A common stock outstanding. Byron Allen Folks, the LLC’s sole member, may be deemed to share beneficial ownership of the shares held of record by the LLC. Following a request by the Reporting Person, BuzzFeed is to file a Form S-3 registration statement covering resale of the 4,300,000 purchased shares as promptly as reasonably practicable and within 60 days after the request.

Positive

  • None.

Negative

  • None.

Filing Explained

The amendment specifies that Allen Family Digital, LLC and Byron Allen Folks each report shared voting and disposition power over 50,000,000 shares, with zero sole power—clarifying that their disclosed ownership includes shared authority to vote and dispose of the shares.

Shares purchased 4,300,000 shares Purchased on September 23, 2026
Purchase price $1.09 per share Class A common stock purchase
Aggregate consideration $4,687,000 For the share purchase; Allen Family Digital used working capital
Shares held of record 50,000,000 shares Following the closing
Ownership of outstanding Class A common stock Approximately 55.7% Allen Family Digital’s ownership following the closing
Class A common shares outstanding 89,767,227 shares Following the closing
Form S-3 filing period Within 60 days After a request by the Reporting Person
aggregate consideration financial
"for aggregate consideration of $4,687,000"
beneficial ownership regulatory
"may be deemed to share beneficial ownership"
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.
shared voting power regulatory
"Shared power to vote or to direct the vote"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
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.
registration statement on Form S-3 regulatory
"file with the SEC a registration statement on Form S-3"
A registration statement on Form S‑3 is a short, standardized filing a qualified public company uses to register new securities with regulators so they can be sold to investors; think of it as a pre-approved, reusable permission slip that speeds up future offerings. It matters to investors because it lets the company raise money more quickly and cheaply — which can fund growth or pay debt — but may also lead to share dilution or change in ownership, so it affects value and liquidity.

FAQ

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

How many BZFD shares did Allen Family Digital buy, and at what price?

Allen Family Digital purchased 4,300,000 shares of BuzzFeed Class A common stock on September 23, 2026, at $1.09 per share. The aggregate consideration was $4,687,000, paid using the LLC’s working capital.

What percentage of BZFD did Allen Family Digital own after the purchase?

Allen Family Digital was the record holder of 50,000,000 shares, approximately 55.7% of the 89,767,227 shares of Class A common stock outstanding following the closing. Byron Allen Folks, the LLC’s sole member, may be deemed to share beneficial ownership of those shares.

When will BuzzFeed register the shares Allen Family Digital purchased?

Following a request by the Reporting Person, BuzzFeed is to file a Form S-3 registration statement covering resale of the 4,300,000 purchased shares as promptly as reasonably practicable and within 60 days after the request.

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

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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)
09/23/2026

(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




Comment for Type of Reporting Person:
Limited Liability Company


SCHEDULE 13D






SCHEDULE 13D


Allen Family Digital, LLC
Signature:/s/ Byron Allen Folks
Name/Title:Byron Allen Folks, Manager
Date:09/25/2026
Byron Allen Folks
Signature:/s/ Byron Allen Folks
Name/Title:Byron Allen Folks
Date:09/25/2026

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