BuzzFeed (BZFD) CLO David Arroyo gains shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BuzzFeed, Inc. CLO David Arroyo reported routine equity compensation activity tied to restricted stock units (RSUs). On May 14, 2026, RSU awards vested and were settled into 114,329 shares of Class A common stock, reflecting compensation rather than open‑market buying.
To cover taxes on this vesting, 46,550 shares were withheld at $1.33 per share, a standard tax-withholding disposition that is not a market sale. After these transactions, Arroyo directly holds 228,783 shares of Class A common stock.
Footnotes state that 71,811 RSUs settled on the transaction date and 143,627 RSUs remain scheduled to vest in equal quarterly installments, while an additional 25,146 RSUs are scheduled to vest on May 19, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
114,329 shares exercised/converted
Mixed
7 txns
Insider
Arroyo David
Role
CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 71,811 | $0.00 | -- |
| Exercise | Restricted Stock Units | 17,372 | $0.00 | -- |
| Exercise | Restricted Stock Units | 25,146 | $0.00 | -- |
| Exercise | Class A Common Stock | 71,811 | $0.00 | -- |
| Exercise | Class A Common Stock | 17,372 | $0.00 | -- |
| Exercise | Class A Common Stock | 25,146 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 46,550 | $1.33 | $62K |
Holdings After Transaction:
Restricted Stock Units — 143,627 shares (Direct, null);
Class A Common Stock — 232,815 shares (Direct, null)
Footnotes (1)
- These shares of Class A common stock reflect the vesting of restricted stock units ("RSUs") on May 14, 2026. Each RSU is convertible 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. 71,811 RSUs settled on the transaction date. The remaining 143,627 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. 25,146 RSUs vested in February 2026 and settled on the transaction date. The remaining 25,146 RSUs will vest on May 19, 2026. Not applicable.
Key Figures
Shares settled from RSU vesting: 114,329 shares
Shares withheld for taxes: 46,550 shares
Tax withholding price: $1.33/share
+4 more
7 metrics
Shares settled from RSU vesting
114,329 shares
Class A common stock from RSUs on May 14, 2026
Shares withheld for taxes
46,550 shares
Tax withholding on RSU settlement at $1.33 per share
Tax withholding price
$1.33/share
Price used for 46,550 withheld shares
Post-transaction holdings
228,783 shares
Class A common stock held directly after transactions
RSUs settled
71,811 RSUs
RSUs that settled on the transaction date
Unvested RSUs remaining
143,627 RSUs
To vest 1/12 quarterly on Aug 1, Nov 1, Feb 1, May 1
Additional RSUs vesting
25,146 RSUs
Scheduled to vest on May 19, 2026
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, contingent right, +1 more
5 terms
Restricted Stock Units financial
"These shares of Class A common stock reflect the vesting of restricted stock units ("RSUs") on May 14, 2026."
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.
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock"
service provider financial
"subject to the Reporting Person's continued status as a service provider to the Issuer"
FAQ
What did BuzzFeed (BZFD) CLO David Arroyo report in this Form 4?
David Arroyo reported RSU vesting and related share settlements, not open-market trades. RSUs converted into Class A common stock as part of his compensation, with a portion of shares withheld to pay taxes linked to this vesting event.
What are David Arroyo’s BuzzFeed (BZFD) holdings after these transactions?
Following the vesting and tax withholding transactions, David Arroyo directly holds 228,783 shares of BuzzFeed Class A common stock. This figure reflects his updated ownership position after RSUs converted into shares and some were withheld for tax obligations.
What future RSU vesting schedule did BuzzFeed (BZFD) disclose for David Arroyo?
Footnotes show 71,811 RSUs settled on the transaction date and 143,627 RSUs remain to vest quarterly in equal installments. In addition, 25,146 RSUs are scheduled to vest on May 19, 2026, subject to continued service with BuzzFeed.
Does this BuzzFeed (BZFD) Form 4 show any open-market stock sales by David Arroyo?
No open-market sales are shown; the only disposition is tax withholding of 46,550 shares. That withholding covers tax liabilities on RSU settlement and is treated differently from a voluntary sale of shares in the public market.