Form 4: Angela Acharia Reports Sale; Direct Holdings 93,248 Shares
Rhea-AI Filing Summary
Angela Acharia, a director of BuzzFeed, Inc. (ticker: BZFD), reported a sale of Company Class A common stock on September 5, 2025. The Form 4 shows she disposed of 1,285 shares in a single trade at $1.87 per share, leaving her with 93,248 shares held directly. An additional 563 Class A shares are recorded as held of record by A Series Investments, LLC, of which she is Founder and CEO; she disclaims beneficial ownership except for any pecuniary interest. The filing was signed by an attorney-in-fact on September 9, 2025.
Positive
- None.
Negative
- Insider sale disclosed: Reporting person sold 1,285 Class A shares at $1.87 on 09/05/2025.
Insights
TL;DR: Routine insider sale disclosed; transaction size appears modest relative to reported holdings.
The Form 4 documents an insider sale of 1,285 Class A shares at $1.87, reducing direct holdings to 93,248 shares. The report also clarifies 563 shares are held of record by an entity where the reporting person is founder and CEO, with a disclaimer of beneficial ownership except for pecuniary interest. This is a standard Section 16 disclosure and provides transparency on insider activity but contains no information on company operations or results.
TL;DR: Disclosure complies with Section 16 requirements; includes customary entity ownership disclaimer.
The filing properly reports the sale and identifies indirect holdings via A Series Investments, LLC, along with the statutory disclaimer. The signature by an attorney-in-fact is noted. There are no indications of unusual timing, related-party transfers, or other governance issues in the text provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,285 | $1.87 | $2K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- On September 5, 2025, the Reporting Person sold these shares in a single trade at a price of $1.87. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or any security holder of the Issuer, upon request, full information regarding the transaction. Held of record by A Series Investments, LLC. Ms. Acharia is the Founder and Chief Executive Officer of A Series Investments, LLC and therefore may be deemed to beneficially own all of the shares held of record thereby; however, Ms. Acharia disclaims beneficial ownership except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that she is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.