Janet Rolle Vesting Converts 11,897 RSUs Into Class A Shares at BuzzFeed

Rhea-AI Filing Summary

Janet Rolle, a director of BuzzFeed, Inc., reported that 11,897 restricted stock units (RSUs) vested and were settled into Class A common stock on 09/01/2025. The RSUs were settled at a $0 price per share and resulted in reported beneficial ownership of 134,120 shares of Class A common stock following the transaction. The filing states each RSU represents a contingent right to one share of Class A common stock subject to continued service. The filing also explains that 1/4 of the award vested on the transaction date and that remaining RSUs vest ratably as to 1/4 of the total award on December 1; the RSUs do not expire but vest or are cancelled prior to vesting.

Positive

• 11,897 RSUs were settled into Class A shares, increasing the reporting person's direct beneficial ownership to 134,120 shares
• Vesting and settlement were disclosed promptly with transaction code M, meeting Section 16 reporting requirements

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director equity vesting converted to shares; increases reported Class A ownership to 134,120 shares.

The Form 4 documents a standard equity-compensation settlement where 11,897 RSUs vested and were settled into shares on 09/01/2025. This is a non-cash, internal equity issuance to a director and is recorded with transaction code "M" indicating conversion/settlement. The immediate effect is an increase in the reporting persons beneficial ownership to 134,120 Class A shares. There is no indication of open-market purchase or sale activity, and no price per share was paid for the settled RSUs. For investors, this is a routine disclosure reflecting compensation realization rather than a market liquidity event.

Corporate Governance Expert

TL;DR: Director retention mechanics evident; award terms and vesting schedule disclosed.

The filing describes typical service-based RSUs that either vest or are cancelled and confirms that 1/4 of the award vested on the transaction date with remaining vesting ratably as to 1/4 on December 1. The disclosure clarifies the contingent nature of RSUs and that they represent rights to one share each. This transparency meets Section 16 reporting expectations for insider compensation events. No departures, new grants beyond this settlement, or related-party transactions are reported in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rolle Janet L

(Last) (First) (Middle)

C/O BUZZFEED, INC.

50 W. 23RD STREET, 6TH FLOOR

(Street)

NEW YORK NY 10010

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BuzzFeed, Inc. [ BZFD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/01/2025		M		11,897(1)	A	$0	134,120	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(2)	09/01/2025		M			11,897	(3)	(4)	Class A Common Stock	11,897	$0	11,897	D

Explanation of Responses:

1. 11,897 restricted stock units ("RSUs") fully vested on September 1, 2025 and were settled in shares of the Issuer's common stock.

2. 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.

3. 1/4 of the award vested on the transaction date. The remaining 11,897 RSUs vests ratably as to 1/4 of the total award on the 1st of December.

4. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.

Remarks:

	/s/ Heather Flores-Ricks as Attorney-in-fact for Janet Rolle	09/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What transaction did Janet Rolle report on Form 4 for BuzzFeed (BZFD)?

The Form 4 reports that 11,897 RSUs vested and were settled into Class A common stock on 09/01/2025.

How many Class A shares does Janet Rolle beneficially own after the reported transaction?

The filing reports 134,120 shares of Class A common stock beneficially owned following the transaction.

Did Janet Rolle pay for the shares received from the RSU settlement?

The RSUs were settled at a $0 price per share as reported in the Form 4.

What is the vesting schedule described in the Form 4?

The filing states 1/4 of the award vested on the transaction date and the remaining RSUs vest ratably as to 1/4 of the total award on December 1.

Do the RSUs expire according to the filing?

The filing states the RSUs do not expire; they either vest or are cancelled prior to the vesting date.