[Form 4] BuzzFeed, Inc. Warrant Insider Trading Activity

Rhea-AI Filing Summary

Angela Acharia, a director of BuzzFeed, Inc. (ticker shown as BZFD on this filing), reported that 11,897 restricted stock units (RSUs) fully vested on September 1, 2025 and were settled into shares of the issuer's Class A common stock. After the settlement the filing shows 162,618 shares beneficially owned by the reporting person. The filing also notes 563 shares are held of record by A Series Investments, LLC, of which Ms. Acharia is founder and CEO, and she disclaims beneficial ownership except to the extent of her pecuniary interest. The RSU award schedule states one quarter vested on the transaction date and the remaining RSUs vest ratably with a 1/4 tranche on December 1; the RSUs do not expire. The Form 4 was signed by an attorney-in-fact on behalf of Ms. Acharia on September 3, 2025.

Positive

• 11,897 RSUs fully vested and were settled into shares, converting deferred compensation into direct equity
• Post-transaction beneficial ownership of 162,618 shares increases the director's reported direct stake

Negative

• None.

Insights

Corporate Governance Expert

TL;DR Insider conversion of vested RSUs into shares is routine and signals executive compensation realization, not a change in control or major disposition.

The reported transaction documents the vesting and settlement of 11,897 RSUs into Class A common stock by a company director. This is a standard equity compensation event reflecting previously granted awards becoming vested. The filing discloses a small record ownership via A Series Investments, LLC, with a disclaimer of beneficial ownership beyond pecuniary interest, which aligns with common governance practices to separate personal and managed assets. No derivative exercises, sales, or transfers are reported, so there is no immediate change to liquidity or insider selling behavior to flag.

Equity Compensation Analyst

TL;DR Vesting and settlement of RSUs increased the director's direct share count; the event appears administrative and non-disruptive.

The filing states 11,897 RSUs vested and were settled into shares at a $0 price, consistent with RSU settlement mechanics where no exercise price applies. Post-transaction beneficial ownership is 162,618 shares, indicating the converted RSUs are now direct holdings. The award structure described—1/4 vested upon the transaction date with remaining vesting ratably including a 1/4 tranche on December 1—is specific and useful for tracking future potential insider holdings becoming unrestricted. There is no indication of sales or hedging tied to these shares in this Form 4.

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^*

Acharia Angela

(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	162,618	D
Class A Common Stock								563	I	By A Series Investments, LLC(2)

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(3)	09/01/2025		M			11,897	(4)	(5)	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. 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.

3. 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.

4. 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.

5. 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 Angela Acharia	09/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Angela Acharia report on Form 4 for BuzzFeed (BZFD)?

The Form 4 reports that 11,897 RSUs vested on 09/01/2025 and were settled into Class A common stock, and the reporting person beneficially owned 162,618 shares following the transaction.

Were any shares sold by the reporting person in this filing?

No. The Form 4 shows RSUs vested and were settled into shares; there is no sale or disposition reported in Table I or Table II.

What is the relationship between Angela Acharia and A Series Investments, LLC?

The filing states the 563 shares held of record by A Series Investments, LLC may be deemed beneficially owned because Ms. Acharia is the founder and CEO of the LLC, but she disclaims beneficial ownership except to the extent of her pecuniary interest.

What vesting schedule is disclosed for the RSUs in this Form 4?

The filing indicates 1/4 of the award vested on the transaction date (09/01/2025) and the remaining RSUs vest ratably with a 1/4 tranche on December 1; the RSUs do not expire.

When was the Form 4 signed and filed?

The signature on the Form 4 is dated 09/03/2025, signed by an attorney-in-fact on behalf of Angela Acharia.